LG Innotek Earns 'Leadership A Grade' in CDP Global Climate Change Response Evaluation

2 Consecutive Years in the 'Carbon Management Honors Club'
Simultaneous Winner of 'Sector Honors' in the IT Division

LG Innotek announced on the 13th that it received a 'Leadership A grade' in last year's CDP (Carbon Disclosure Project) climate change response evaluation and was selected as the best carbon management company for two consecutive years.

CDP is a global project commissioned by financial investment institutions worldwide to request information disclosure from major companies around the world regarding their response to climate change issues. The CDP evaluation, conducted simultaneously in 92 countries worldwide, is considered one of the most trusted global sustainability indicators alongside the Dow Jones Sustainability Index (DJSI) and the FTSE4Good Global Social Responsibility Investment Index.

Moon Hyuk-soo, CEO of LG Innotek. [Photo by LG Innotek]

This year's CDP evaluation on climate change response targeted 23,202 companies worldwide. Among them, 346 companies, about 1.5% of the total, received the 'Leadership A grade.' Only 10 companies in Korea made the list.

LG Innotek was highly evaluated for establishing a dedicated carbon neutrality organization and formulating and implementing policies to achieve goals such as '2040 Carbon Neutrality and 2030 RE100.' In addition, the company received high scores across all categories for actively executing green technology and product development.

Additionally, LG Innotek was selected as the best carbon management company for two consecutive years at the '2023 CDP Korea Awards' held on the 13th at the Glad Hotel in Yeouido, Seoul. It simultaneously received the 'Carbon Management Honors Club (Excellence Award),' given to the top six companies in Korea, and the 'Carbon Management Sector Honors (Outstanding Award),' awarded to the top five companies in the IT sector. With this award, LG Innotek has been recognized as an excellent company in the CDP climate change response category for five consecutive years since 2019.

Moon Hyuk-soo, CEO of LG Innotek, said, "Receiving the Leadership A grade and being selected as the best carbon management company externally recognizes LG Innotek's sincere ESG management achievements. We will continue to strengthen our global ESG leadership, which forms the foundation for creating differentiated customer value."

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