LG Chem's ESG bond management system has been certified by an independent external professional organization. It has been evaluated in line with government guidelines and the principles of the International Capital Markets Association (ICMA).
Sustainability Bonds are any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance a combination of green and social projects. The bonds are linked to UN’s sustainable development goals.
LG Chem uses the resources created by sustainability bonds to go carbon neutral, circular economy, electric vehicle battery materials, and air pollution controls. Environmental improvement and financial support will be implemented such as Industrial accident prevention, shared growth with partners and vaccine development.
Green bonds refer to debt securities issued with special purposes to raise capital to invest in environmentally-friendly projects such as renewable energy projects or social infrastructure.
LG Chem complies with the Green Bond Principle of ICMA (International Capital Market Association). LG Chem will become a company that fulfills its social responsibilities by investing the bonds issued to raise funds for green projects to solve environmental problems.