LG Electronics Included in 'DJSI World Index' for 12 Consecutive Years...Longest in the Industry

"Top 10% in ESG Management"
"Praised for Greenhouse Gas Reduction, Human Rights Management, and Board Competence"

LG Electronics announced on the 10th that it has been included in the 'DJSI World' index for 12 consecutive years in the Dow Jones Sustainability Index (DJSI) evaluation targeting the top 2,500 global companies by market capitalization. This index selects only the top 10% of companies in ESG (Environmental, Social, Governance) management.

The DJSI, announced by the global financial information company S&P Global, is a sustainability management evaluation index that includes a company's economic performance as well as Environmental, Social, and Governance factors.

LG Electronics received the highest score in the 'Consumer Durables & Apparel' sector. Among domestic companies, LG Electronics is the only company to have been included in the DJSI World index in the Consumer Durables & Apparel sector for 12 consecutive years.

Additionally, it has been included in the 'DJSI Asia Pacific' (top 20% among the top 600 companies in the Asia-Pacific region) for 14 consecutive years, and in the 'DJSI Korea' (top 30% among the top 200 domestic companies) index for 15 consecutive years.

LG Building in Yeouido, Seoul.
[Photo by LG]

In the 'Environmental (E)' category, LG Electronics received high scores for efforts such as reducing greenhouse gas emissions and expanding renewable energy to achieve the carbon neutrality 2030 goal, reducing water usage, and building a resource circulation ecosystem. Last year, it reduced direct and indirect greenhouse gas emissions at domestic and overseas business sites by approximately 220,000 tons compared to the previous year. It joined the RE100 initiative to convert 100% of electricity used at all domestic and overseas business sites to renewable energy by 2050. The company has taken the lead in collecting waste home appliances and steadily increased the use of recycled plastics in the production process, contributing to the establishment of a resource circulation ecosystem.

In the 'Social (S)' category, LG Electronics was evaluated for its human rights management, diversity policies, and the establishment of an inclusive organizational culture. LG Electronics is a member of the United Nations Global Compact (UNGC) and the Responsible Business Alliance (RBA). It complies with international human rights and labor standards. The company is enhancing its human rights management processes to respond to recently strengthened global ESG-related laws such as supply chain due diligence laws.

In the 'Governance (G)' category, LG Electronics has operated the Board Skills Matrix (BSM), and has worked to strengthen board independence, expertise, and diversity.

In October, LG Electronics received a comprehensive A grade for three consecutive years in the '2023 ESG Evaluation and Rating' announced by the Korea ESG Standards Institute. In September, it received an A grade for four consecutive years in the ESG evaluation by the global ESG rating agency MSCI (Morgan Stanley Capital International).

Since last year, LG Electronics has been conducting mandatory annual ESG online training for domestic and overseas employees to internalize ESG management at the company-wide level.

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