INNOVATION FOR A BETTER PLANET
LG’s vision and strategy for a sustainable future
DUBAI, June 19, 2019 – From the latest home appliances and electronics, to AC units and business solutions, LG Electronics (LG) is committed to reducing the environmental impact of its products.
To achieve this, the company has unveiled a number of commitments and goals, hoping to work with homeowners and businesses to create an eco-friendlier environment.
LG’s Green Product Strategy
Promote an intelligent lifestyle
LG aims to help consumers pursue a healthier and more connected lifestyle, through the use of innovative products with environmental changes in mind. Many of its advanced home appliances, such as its smart ovens and washing machines are integrated with LG SmartThinQ compatibility, enabling users to control appliances remotely and monitor overall operations.
LG has also forayed into fields such as renewable energy and electric vehicles, which it believes will be vital for the future of smart and sustainable cities. LG’s solar panel technology in particular, has been researched and developed for over 30 years.
Achieve zero carbon and a circular economy
To create more environmentally-friendly products, LG recognizes the need to reduce its own carbon footprint in the process. Developing off the back of its wider sustainable business strategy, LG has pledged to become carbon neutral by 2030.
Its ambitious plans seek to see the organization reduce its carbon emissions from its global operations by 50 percent (compared with 2017), through a range of carbon reduction and renewable energy initiatives. To achieve this, LG will also invest in increased renewable energy usage, promote recycling within the production process and collect e-waste for responsible management after use.
Create a better society
Believing that change starts from within, LG plans to practice maintaining a sustainable business ecosystem. From an eco-friendly supply chain, to creating a fair and safe workplace for all employees and contributing towards wider society – LG aims to play an instrumental role in providing for communities around the world.
Internally, LG will establish volunteer programs in all LG-operated countries by 2030. Locally, LG recently partnered with business incubator INNOVEST to nurture young talent in the Middle East and Africa.
During an Investor Day in March of this year, talented entrepreneurs from around the region were invited to present their products and services, receiving crucial feedback and mentoring to help them develop further. Previously, LG also partnered with Goumbook and the ‘Give a Ghaf’ tree planting program, to preserve the national tree of the UAE and enhance the natural environment.
To find out more about LG’s mission for a sustainable future, please visit: https://www.lg.com/global/sustainability
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About LG Electronics, Inc.
LG Electronics Inc. is a global innovator in technology and manufacturing with operations in 140 locations and a workforce of over 70,000 around the world. With 2018 global sales of USD 54.4 billion, LG is composed of five companies – Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions. LG is a world-leading producer of TVs, refrigerators, air conditioners, washing machines and mobile devices, including premium LG SIGNATURE and LG ThinQ products featuring artificial intelligence. For the latest LG news, go to www.LGnewsroom.com.
LG Electronics Gulf FZE
Regional PR Manager/MEA RHQ Marketing Team
Tel: +971 4 279 9507 (Ext. 507)