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Climate Change
Climate ChangeClimate change is the most urgent and serious crisis faced by humanity. In response, LG Chem has declared to achieve carbon-neutral growth by 2050, the first in the Korean chemical industry. To this end, we are implementing various strategies to reduce carbon emissions, such as the low-carbon and green innovation of our business portfolio and conversion to renewable energy.
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Circularity
CircularityWhile plastic has brought significant convenience to human life, it does not decompose, and the waste has a negative impact on the environment. LG Chem is actively promoting mechanical and chemical recycling of plastic waste to establish a virtuous system of resource circulation. Furthermore, we are creating new business opportunities by developing recycled plastics and degradable bioplastics.
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Supply Chain
Supply ChainLG Chem believes it is our obligation as a global company to manage our supply chain as responsibly as possible in procuring raw materials. We are setting strict standards throughout our production processes as well as the supply chain, establishing an ethical and responsible system for sourcing raw materials.
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Compliance
ComplianceCompliance, which includes environmental safety, hazardous substance management, and abiding by the law, is a set of basic standards that must be observed in business operations. LG Chem strives to minimize potential risks by thoroughly practicing the requirements in our business operations.
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Human Rights
Human RightsRespect and fair treatment are perhaps some of the most important aspects of conducting business. LG Chem respects the rights of our employees, builds their capacities, and treats them fairly to create a corporate culture where they can thrive.
LG Chem is publishing the 18th Sustainability Report in 2024 to communicate sustainability activities and performances transparently with various stakeholders. This report covers LG Chem’s sustainability strategy and major achievements in the areas of environmental, social, and governance, as well as its future plans. LG Chem will continue to actively communicate with stakeholders and become a world-class science-oriented corporation creating new values for our customers.
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The World Economic Forum
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UN Global Compact
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World Business Council for Sustainable Development
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Global Battery Alliance
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Responsible Business Alliance