LS Electric Cheongju Plant Receives Minister of Environment Award for Outstanding Green Company

Highly Rated in the Field of Carbon Emission Zeroization

LS Electric announced that its Cheongju plant received the Minister of Environment Award (Grand Prize) at the '2022 Excellent Green Company Awards' selected by the Ministry of Environment. The photo shows Donghyun Kim, Vice President of ESG at LS Electric (CEO, right), receiving the plaque and prize money from an official of the Korea Environmental Industry & Technology Institute at LS Tower in Anyang, Gyeonggi Province, on the 12th, posing for a commemorative photo. Photo by LS Electric

[Asia Economy Reporter Han Ye-ju] LS Electric's Cheongju plant received the Minister of Environment Award (Grand Prize) at the Ministry of Environment's '2022 Excellent Green Company Awards.'

According to LS Electric on the 13th, the Excellent Green Company certification is a system in which the Ministry of Environment certifies companies and institutions that have made significant contributions to environmental improvement and eco-friendly activities through a strict certification review every three years. This evaluation was conducted by a committee composed of experts from various fields including industry, related professionals, the Ministry of Environment, and technical institutes, who selected the award-winning companies through a rigorous three-stage review process.

In this evaluation, LS Electric received high scores in areas such as ▲carbon emission zeroing ▲active participation in environmental policies ▲establishment of environmental management systems ▲development of eco-friendly products ▲management of environmental pollutants ▲and ESG management, earning the Minister’s Award.

LS Electric was especially highly evaluated in the carbon emission zeroing category. The Cheongju plant of LS Electric reduced nitrogen oxide emissions, a major air pollutant, by more than 90% compared to before through the construction of a rooftop solar power plant linked with an ESS (Energy Storage System) and improvements to factory utilities such as boilers.

Additionally, efforts to develop eco-friendly power equipment were recognized, including replacing insulating materials from sulfur hexafluoride (SF6) gas to the eco-friendly g3 gas, which can reduce the Global Warming Potential (GWP) by 90%, such as the 170kV-class eco-friendly GIS (Gas Insulated Switchgear).

LS Electric donated the 10 million KRW prize money received with the Minister’s Award to the 'Cheongju Chungbuk Environmental Movement Federation.' This donation will be used for local community climate crisis response and river purification activities.

An LS Electric official stated, "This award once again externally recognized the achievements of our eco-friendly management activities based on ESG philosophy," adding, "We will continue our efforts to flexibly respond to the global market environment, including the energy paradigm shift, and to become a sustainable company."

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