LG Donates Percentage of Air Con Sales to Hospitality Industry Charity
Slough – 29 June 2010 – LG Electronics (LG), a global leader and technology innovator in electronics, has announced that 2% of the revenue from all air conditioning sales to hotels, restaurants and other members of the British Hospitality Association (BHA) will be donated to the industry’s charity, Hospitality Action.
The move is part of an ongoing partnership between LG’s air conditioning division and the BHA. This relationship was formed to give BHA members advice on how to maximise the efficiency of their air conditioning systems, particularly in light of current legislation such as the new Air Conditioning Inspection (ACI) requirements and the phasing out of the R22 refrigerant
Hospitality Action is the industry’s benevolent organisation which provides vital financial support and advice to all those who work or have worked within the hospitality sector and, in many cases, their dependants. It was first formed in 1858, but continues to thrive and is currently supporting over 1,500 people with grants and practical advice.
“Hospitality Action is an extremely worthwhile organisation and we are delighted to show our commitment to the industry in this way,” says Paul Hopkins, general manager LG Air Conditioning.
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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.lge.com or www.lgblog.co.uk
About LG Electronics Air Conditioning Company
The LG Electronics Air Conditioning Companyis a leading player in the global air conditioning market, manufacturing both commercial and residential air conditioners and providing totalsolutions such as home networking (HomNet) and building management solutions (BMS). From consumer and individual units to industrial and specialized air conditioning systems, LG provides a wide range of products for heating, ventilating and air conditioning. Through innovation in manufacturing, R&D and marketing, LGhas broken its own sales record every year since 2000, securing its position as the No. 1 maker of residential air conditioners in the world.
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