LG Electronics Announces Release of 2009 Environmental Report
- 2009 07. 15
Report details company’s efforts and progress in “Life’s Good When It’s Green”
Seoul, Korea / July 15, 2009- LG Electronics (LG), a leader in consumer electronics and mobile communications, has published its 2009 Environmental Report (http://www.lg.com/sustainability) containing details of the company’s environmentally-focused initiatives and progress to date.
After having published two previous sustainability publications which included LG’s environmental efforts, the company recognized the need to share more details of its environmental expertise based on its experience as a manufacturing and technology company. LG decided a stand-alone Environmental Report, separate from its Sustainability Report, would give the subject matter more attention.
In the foreword, LG Electronics’ Vice Chairman and CEO Yong Nam states how LG management and employees are united in carrying-out activities to reduce waste during the manufacturing and product development process. LG will be a leader “in achieving sustainable growth and creating a green future,” he says.
The 70-page 2009 Environmental Report is arranged into four sections — Green Management, Green Products Strategy, Green Manufacturing and Green Communication. The Environmental Report will be published once a year by the Eco Strategy Team, which is headed by the office of the Chief Technology Officer. Related data will be gathered and analyzed based on the prior years’ results. The report includes information from the entire LG Electronics network, which includes 84 overseas subsidiaries.
LG Electronics first declared its commitment to the environment with its Cleaner Environment campaign launched in 1994. The slogan changed to Life’s Good when it’s Green this year as LG announced more ambitious goals to reduce greenhouse gas emissions. The program addresses production and product areas separately, with a greenhouse gas emissions reduction target of 150,000 tons for production and 30 million tons for product development. The reduction in greenhouse gas emissions will take place gradually throughout the entire product lifecycle and includes raw materials, logistics, product utility, waste and other processes.
LG Electronics received an international certification for its greenhouse gas inventory last December, marking a first for the electronics industry in Korea.
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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 84,000 people working in 115 operations including 84 subsidiaries around the world. With 2008 global sales of $44.7 billion, LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both A Global Partner of Formula 1™ and A Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lg.com.