LX Semicon Publishes 'Sustainability Management Report' Featuring Carbon Neutrality Roadmap

Introduction of Major Achievements Last Year Based on ESG Vision

On the 29th, LX Semicon published its second Sustainability Management Report. This report is based on the environmental, social, and governance (ESG) vision of "Best Technology, Better Future," and contains the major achievements and activities LX Semicon pursued last year in each area.

Specifically, in the Environmental (E) area, it introduced efforts for environmental management systems, climate change response, resource usage, and pollution reduction. A roadmap was disclosed to reduce carbon emissions by 20% compared to projected emissions by 2030 and to achieve carbon neutrality by 2050. To realize carbon neutrality by 2050, LX Semicon is focusing on using renewable energy, such as introducing solar power generation facilities. Internal reductions will also be pursued through improving energy facility efficiency.

In the Social (S) area, the report covers various activities LX Semicon is undertaking, including workforce and talent development, human rights, social contribution, safety and health, and supply chain management. In the Governance (G) area, it includes the status of the board of directors and committees, ethical management, and compliance management. It also details efforts to improve LX Semicon’s governance, including activities of the ESG Committee established last year.

A laptop and a tablet PC displaying the LX Semicon Sustainability Management Report / Photo by LX Semicon

For systematic ESG management activities, LX Semicon has acquired various international standard certifications. Last year, to strengthen safety and health management systems, it obtained the Occupational Health and Safety Management System certification (ISO 45001), and to protect core semiconductor design technologies, it acquired the Information Security Management System certification (ISO 27001).

Recently, to reinforce the foundation for climate change response, it additionally obtained the Energy Management System certification (ISO 50001). The ISO 50001 international standard is a certification issued to companies that practice efficient energy management by inspecting the energy usage status of major company buildings and internal energy management processes.

Son Bo-ik, President of LX Semicon, said, "ESG management is a process that companies must go through to grow," adding, "We will continue to advance our ESG management system and practice transparent and ethical corporate activities through ethical management."

In 2021, LX Semicon became the first domestic fabless company to join the United Nations Global Compact (UNGC) and is participating in various activities. The UNGC is a voluntary international agreement that adheres to ten principles across four areas: human rights, labor, environment, and anti-corruption.

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