LG Electronics (LG) has launched its aggressive “Zero Carbon 2030” initiative, committing to achieving net-zero carbon emissions from its global operations within 12 years.
As part of its larger sustainable business strategy, LG plans to reduce carbon emissions from its global operations by 50% by implementing various carbon reduction and renewable energy initiatives.
The effort is expected to be achieved by balancing carbon emissions with carbon removal.
Through a variety of strategic initiatives, the company will cut carbon emissions across its global production sites from nearly two million tonnes in 2017 to 960,000 tonnes by the end of 2030.
The company also plans to expand its high-efficiency facilities and technologies, targeting greenhouse gas reduction and alleviating the creation of carbon emissions during the production process.
The company said it would expand renewable energy installations using solar energy products and actively utilise its own business-to-business technology solutions such as high-efficiency chillers and Energy Management Systems (EMS) to reduce carbon emissions.
“Our commitment to combating global climate change is unwavering. LG’s progressive steps in reducing carbon emissions at workplaces the world over, with many more UN CDM (Clean Development Mechanism) projects in the works, exemplify the company’s commitment to environmental sustainability leadership,” said vice-president (environmental safety) Lee Young-jae.
LG Electronics Malaysia managing director Kim Kyutae said the company had adopted a green product strategy that reduced environmental impacts throughout the life cycle of its products, including reducing CO2 emissions.
“This complements the recent announcement by Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin to implement 73 initiatives to reduce greenhouse gas emissions in the country.
“As a leader in global innovation, it is imperative for us to continuously research and introduce innovative, sustainable products and services for the betterment of our environment,” he added.