메뉴 바로가기 본문 바로가기
HOME ESG > Environment > Response to Climate Change

Response to Climate Change

Climate Change Response Strategies

The impact of climate change on industries such as global abnormal climate phenomena and resource depletion is gradually increasing. LG Display strives to respond quickly and proactively to risks and opportunities that may arise from climate change. In response to the government's 'Greenhouse Gas Emission Trading System', LG Display conducts third-party verification of greenhouse gas emissions and energy usage every year and reports it to the government, as well as forms a specialized division to establish and implement GHG reduction goals and action plans.

Company-wide GHG Reduction Goals(Compared to 2014)

2022
16.8%
Short term strategy
  • Actively participate in and respond to government policies related to climate change
  • Replace the SF6 gas in use in the process with an unregulated greenhouse gas or low GWP gas
  • Apply a reduction facility that decomposes and removes process gas
  • Develop and apply low-power, high-efficiency, eco-friendly displays
2050
75.6%
Mid- to long-term strategy
  • Zero emission of greenhouse gas in the process
  • Increase using renewable energy
  • Develop and apply low-carbon clean production technology
  • Reducing company-wide energy consumption and strengthening the introduction of new and renewable energy

Response to climate change risks

Response to climate change risks
Issues Impacts Performance
Enhancing environmental regulations Increased operating costs for regulatory compliance
  • Investment and system improvement for greenhouse gas reduction
  • Acquired eco-friendly management certifications (ISO 14001, ISO 50001)
Growing demand for eco-friendly products R&D investment to develop new and alternative technologies
  • Development of eco-friendly products and acquisition of environmental certification marks (SGS Eco Label, QPM certification)
  • Implementation of green purchasing system
Weather Disaster
(typhoon, drought, flood, etc.)
Disruption of water supply in manufacturing plants
  • Investment in wastewater reuse facilities and diversification of supply and demand
  • Reduction of water consumption through equipment and process improvement
Rise in average temperature Increased energy consumption for process maintenance
  • Increase energy efficiency through factory facility and process diagnosis (e.g. replacement with high-efficiency facilities, etc.)
  • Supply steam from waste incineration heat

Greenhouse gas reduction
Facility investment

LG Display is making continuous efforts to reduce greenhouse gas emissions. LG Display is making extensive environmental investments, such as replacing SF6 gas, a major source of greenhouse gas emissions, with other gases with a lower GWP (Global Warming Potential), or installing reduction facilities in processes that use greenhouse gases such as SF6 and NF3. In addition, by conducting company-wide energy saving projects, LG Display is securing competitiveness not only in responding to the emission trading system but also in responding to climate change risks. As a result, 1,436,426 tCO2 of GHG was reduced in 2020, and LG Display plans to continuously develop low-carbon clean production technology and improve energy efficiency to achieve zero GHG emissions in the process.

Greenhouse gas reduction (Domestic)

(unit: tCO2eq)

  • 20181,279,626
  • 20191,205,337
  • 20201,436,426

Advanced
Response
to Climate Change

LG Display has participated in the CDP (Climate Change Disclosure Project), which is recognized as a world-renowned authority in environmental information disclosure. LG Display received the Honors Club Award for four consecutive years from 2017 to 2020 in the Climate Change category, which evaluates energy and global climate change impacts, and the Excellent Company Award for three years in a row from 2018 to 2020 in the water category for its environmental impact management.

Participation in Environmental Conservation
Initiatives

LG Display launched the World LCD Industry Council (WDICC) in 2001 to improve the eco-friendliness of the display industry. LG Display conducts technology and information exchange activities to reduce greenhouse gas emissions, save energy and water, and reduce waste emissions with display companies and organizations in Korea, Japan, Taiwan and China. In addition, since 2007, LG Display has been communicating with stakeholders by participating in the CDP (Carbon Disclosure Product) and actively disclosing climate change response activities and greenhouse gas information. Since 2013, LG Display has also participated in DJSI (Dow Jones Sustainability Index) to objectively evaluate LG Display's sustainability level including environmental management.

Partners
Shard Green Growth Activities

LG Display operates Green SCM Consulting and Carbon Partnership to spread environmental conservation activities to partner companies and to support green growth projects. Through green SCM consulting, LG Display helps our partners to proactively respond to greenhouse gas regulations by building a greenhouse gas inventory and providing energy diagnosis. For partners who have successfully completed green SCM consulting, LG Display promotes shared green growth by providing regular follow-up inspections and additional incentives at the time of purchase through the carbon partnership certification system. Since 2013, LG Display has been inspecting the overall environment management and providing technical support to strengthen our partners' ability to comply with environmental laws and regulations.

TOP