LG Pledges to Transition to 100% Renewable Energy by 2050
SEOUL — LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy. The announcement in the just released LG Electronics Sustainability Report comes on top of its earlier commitment to carbon neutrality through the Zero Carbon 2030 initiative in which LG has pledged to reduce carbon emissions in the production stage to 50% of 2017 standards by 2030.
The transformation will be implemented region by region starting in North America, where every office and manufacturing site will be powered by renewable energy within the year. LG manufacturing facilities outside of Korea are on target to convert 50% of their electricity needs to renewable energy in the next four years.