2030 Carbon-Neutral Growth · 2050 Net-Zero Goals
LG Chem is pursuing Carbon-Neutral Growth by 2030 and Net-Zero by 2050 through a greenhouse gas reduction roadmap.
We aim to maintain Scope 1 and Scope 2 emissions at baseline levels by 2030 despite business growth and capacity expansion.
To achieve these goals, we are improving energy efficiency, transitioning to lower-carbon fuels and feedstocks, expanding renewable energy use, and developing technologies such as process electrification, electric cracking furnaces, and CCU.
We also conduct Life Cycle Assessments (LCA) to support product carbon footprint assessments, respond to customer requirements, and strengthen capabilities for developing lower-carbon products.
We aim to maintain Scope 1 and Scope 2 emissions at baseline levels by 2030 despite business growth and capacity expansion.
To achieve these goals, we are improving energy efficiency, transitioning to lower-carbon fuels and feedstocks, expanding renewable energy use, and developing technologies such as process electrification, electric cracking furnaces, and CCU.
We also conduct Life Cycle Assessments (LCA) to support product carbon footprint assessments, respond to customer requirements, and strengthen capabilities for developing lower-carbon products.
Renewable Energy Transition
LG Chem is introducing renewable energy across its domestic and international operations to reduce Scope 2 emissions.
We leverage a range of procurement mechanisms, including Power Purchase Agreements (PPAs), Renewable Energy Certificates (RECs), and Green Premium programs, while improving energy efficiency to optimize electricity use.
We also utilize on-site renewable energy generation, including solar power installations, and continue to evaluate pathways to achieve our renewable energy transition goal by 2050.
We leverage a range of procurement mechanisms, including Power Purchase Agreements (PPAs), Renewable Energy Certificates (RECs), and Green Premium programs, while improving energy efficiency to optimize electricity use.
We also utilize on-site renewable energy generation, including solar power installations, and continue to evaluate pathways to achieve our renewable energy transition goal by 2050.
Low-Carbon Fuel and Feedstock Transition
Transitioning to low-carbon fuels and feedstocks is a key strategy for reducing direct greenhouse gas emissions (Scope 1) from manufacturing processes.
LG Chem is replacing conventional fossil fuel-based energy with alternative fuels, including biomass-based combined heat and power generation, while advancing technology upgrades to expand hydrogen co-firing and the use of low-carbon feedstocks in its Naphtha Cracking Center (NCC) operations.
LG Chem is replacing conventional fossil fuel-based energy with alternative fuels, including biomass-based combined heat and power generation, while advancing technology upgrades to expand hydrogen co-firing and the use of low-carbon feedstocks in its Naphtha Cracking Center (NCC) operations.
Low-Carbon Innovation Technologies
LG Chem is strengthening the competitiveness of its existing technologies while expanding new capabilities through external collaboration and research initiatives.
We are also evaluating the development and application of next-generation low-carbon technologies, including Carbon Capture and Utilization (CCU).
CCU captures carbon dioxide generated from industrial processes and converts it into chemical feedstocks and other useful materials.
Through in-house R&D, government-sponsored projects, open innovation, and global partnerships, we are advancing the development of these technologies and strengthening our low-carbon technology capabilities from a long-term perspective.
We are also evaluating the development and application of next-generation low-carbon technologies, including Carbon Capture and Utilization (CCU).
CCU captures carbon dioxide generated from industrial processes and converts it into chemical feedstocks and other useful materials.
Through in-house R&D, government-sponsored projects, open innovation, and global partnerships, we are advancing the development of these technologies and strengthening our low-carbon technology capabilities from a long-term perspective.
