LG Display Reduces Greenhouse Gas Emissions by 3 Million Tons

Employees are monitoring the amount of greenhouse gases emitted through the greenhouse gas reduction facilities installed at LG Display's Paju factory.

[Asia Economy Reporter Kim Hyewon] LG Display announced on the 15th that it reduced its greenhouse gas emissions by 3 million tons compared to the 2014 emission levels last year.

LG Display has established a dedicated environmental organization to closely identify and respond to risks related to climate change such as greenhouse gases, and is implementing policies including ▲development of low-carbon production technologies ▲development of eco-friendly products ▲maximization of energy efficiency ▲strengthened monitoring of air and water pollutant emissions ▲participation in the greenhouse gas emissions trading system.

In particular, LG Display invested approximately 37 billion KRW in environmental initiatives to replace process gases used in the display production process with gases that have a lower global warming potential, and installed reduction facilities at its sites that can reduce greenhouse gas emissions released into the atmosphere by more than 90%.

As a result of these efforts, LG Display achieved a 39% reduction in greenhouse gas emissions last year compared to the 2014 levels before the implementation of the greenhouse gas emissions trading system, amounting to about 3 million tons. The 3 million tons of greenhouse gases reduced by LG Display is equivalent to the amount of carbon absorbed in one year by a forest of 450 million 30-year-old pine trees.

LG Display will continue to invest more than 6 billion KRW this year in greenhouse gas reduction facilities. Additionally, it plans to actively promote policies to realize carbon neutrality, including strengthening research and development of eco-friendly products and production technologies, conducting company-wide energy-saving projects, and introducing renewable energy to restructure the energy supply system.

LG Display stated, "Sustainable growth that considers the future is not a choice but a necessity," and added, "We will strongly pursue ESG (Environmental, Social, and Governance) management through leading eco-friendly policies such as water resource protection and waste recycling, as well as efforts to achieve carbon neutrality."

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