INDUSTRY

LG Display cuts greenhouse gas emissions 67%, creating 146.5 billion won in social value

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Park Ji-young
Published : June 30, 2026 - 10:19:16
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2026 ESG report published

CEO Jung Cheol-dong: 'ESG is the axis for entering a new growth trajectory'

LG Display has cut its greenhouse gas emissions by 67 percent compared with 2018 levels, surpassing its 2030 reduction target ahead of schedule, as the company continues to strengthen its ESG competitiveness.

The company released its "2026 ESG Report" on Tuesday, detailing the results of its ESG management activities last year, future targets and strategies for achieving them.

Now in its 15th edition, the report covers performance across 10 core areas selected by the company's ESG Committee. In the environmental category, the key focus areas are climate response, resource circulation, hazardous substances and product responsibility. The social category addresses workplace safety, supplier support, human rights management and human capital, while the governance category covers stakeholder communication and disclosure, along with information security.

On the environmental front, LG Display reduced greenhouse gas emissions by 67 percent from 2018 levels through expanded investment in eco-friendly facilities and AI-driven optimization of facility operations — already exceeding its 2030 reduction target of 53 percent. The carbon reductions translated into social cost savings of approximately 146.53 billion won ($95.1 million).

The company also expanded its life cycle assessment program, which evaluates the environmental impact of products from production through disposal. It built a new IT system to improve the accuracy of data collection and analysis, and last year extended the assessment to cover 68 percent of all products sold, strengthening its product environmental impact management framework.

In the social category, LG Display worked to build a sustainable supply chain by providing training on its "ESG Supply Chain Code of Conduct" to first-, second- and third-tier suppliers. The company also ran co-prosperity programs covering financial support, technology cooperation and medical welfare, contributing to a more horizontal partnership ecosystem. These efforts generated approximately 16.3 billion won in induced production value.

In governance, LG Display upgraded its compliance framework by improving whistleblower reporting procedures and expanding the scope of internal reporting. It also added information security as a core ESG management area, reflecting its growing importance, and reinforced related management systems.

Building on these achievements, LG Display was included in the S&P Global Dow Jones Sustainability Index (DJSI) Asia Pacific for three consecutive years. It also received a Platinum rating — awarded to the top 1 percent of companies — from global ESG rating agency EcoVadis for the second consecutive year, cementing its standing as an ESG leader.

Jung Cheol-dong, president and CEO of LG Display, said corporate sustainability ultimately comes down to "the power to be chosen by the market even 10 years from now." He added that such power stems from irreplaceable differentiated technology, a healthy organizational culture that supports it, and ESG management that fulfills responsibilities to the environment and society. He said the company would use ESG as a core pillar to enter a new growth trajectory.


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This content was produced with the assistance of AI translation services.

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