LG: GHG emissions reduction target validated by SBTi

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LG Electronics announced that its strategy for cutting greenhouse gas (GHG) emissions in the entire manufacturing process from production to use by 2030 has been independently reviewed and validated by climate expert SBTi. The validation confirms LG’s confidence in its strategy to reduce the total amount of direct greenhouse gas emissions in line with Business Ambition for 1.5°C, which LG committed to earlier this year. SBTi is a global coalition organization co-founded by the Carbon Information Disclosure Project (CDP), United Nations Global Compact (UNGC), World Resources Institute (WRI) and World Wide Fund For Nature (WWF) to promote science-based targets for reducing GHG. To achieve its Zero Carbon 2030 pledge established in 2019, LG’s plan calls for reducing the total amount of direct greenhouse gas emissions in Scope 1 and targeting indirect greenhouse gases generated during the production process by 50 percent compared to 2017 standards in Scope 2. LG expects to reduce GHG emissions up to 20 percent in the product use stage compared to 2020 standards in Scope 3.