LG Electronics Recycles Waste Batteries from Wireless and Robot Vacuum Cleaners... "Practicing ESG Management"
Vacuum Cleaner Used Battery Collection Campaign Until the End of June
[Asia Economy Reporter Jin-ho Kim] LG Electronics is actively promoting the recycling of used batteries from cordless vacuum cleaners and robot vacuum cleaners. This is to actively practice ESG (Environmental, Social, and Governance) management as a leading home appliance company.
On the 28th, LG Electronics signed a business agreement for the ‘Joint Campaign for Collection and Recycling of Vacuum Cleaner Used Batteries’ at the LG Electronics R&D Center in Changwon, Gyeongnam, together with the Korea Environmental Industry & Technology Institute and the Resource Circulation Social Solidarity. The signing ceremony was attended by Baek Seung-tae, Vice President and Head of LG Electronics Living Appliance Business Division, Yoo Je-cheol, President of the Korea Environmental Industry & Technology Institute, and Kim Mi-hwa, Chairperson of the Resource Circulation Social Solidarity.
The campaign will run for two months from the 1st of next month until the end of June. LG Electronics will collect used batteries from cordless vacuum cleaners and robot vacuum cleaners through LG Electronics service centers nationwide. Customers can return used batteries not only from LG Electronics products but also from vacuum cleaners of other manufacturers.
LG Electronics launched this campaign as the number of users of cordless vacuum cleaners and robot vacuum cleaners increases, leading to a rise in used battery generation. The number of batteries replaced or additionally sold through LG Electronics’ service exceeded 130,000 units annually as of last year.
During the campaign period, customers who return used batteries can receive a 30,000 KRW discount coupon when purchasing a cordless vacuum cleaner or robot vacuum cleaner, or a 10,000 KRW discount when buying a new battery.
LG Electronics explained that this campaign is meaningful in extracting rare metals, which are entirely dependent on imports, from used batteries and recycling them. From one battery of the LG CordZero A9 cordless vacuum cleaner, rare metals such as nickel (31.91g), cobalt (4.21g), lithium (6.06g), and manganese (2.04g) can be recovered. LG Electronics plans to use the rare metals extracted from collected batteries as materials for making new batteries.
Meanwhile, LG Electronics’ campaign is an ESG management practice aimed at creating a better environment for future generations by pursuing resource recovery of waste and a circular economy.
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Baek Seung-tae, Vice President and Head of LG Electronics H&A Business Division Living Appliance Business Division, said, “We will actively participate in various activities that consider the environment as well as provide differentiated customer experiences with advanced performance and convenience in home appliances.”
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