Innotek, Leadership

LG Innotek earns Leadership A grade for second year in a row in CDP's Global Climate Change Response Assessments

07.08.2025 - 18:03:59

LG Innotek South Korea United Kingdom Germany France Sweden Poland Netherlands Portugal Norway Russia Luxembourg

Only the top 2% of 24,000 global companies receive the "Leadership A" grade. Active promotion of eco-friendly management activities toward achieving the goals of "2030 RE100" and "2040 Net Zero." Company-wide renewable electricity conversion at 60%, with some operations having already achieved RE100.Global initiative: a set of principles and guidelines, or a council that establishes them, aimed at inducing companies to act responsibly in terms of ESG management and pursue sustainable development. Carbon neutrality: effective reduction of carbon emissions by a company to "zero" by adopting countermeasures to remove as much carbon dioxide as it emits. RE100 (100% renewable electricity): conversion to 100% renewable electricity across all operations. Power purchase agreement (PPA): an agreement entered into by an electricity user to directly purchase power from a renewable energy supplier, with the agreement classified as "on-site PPA" or "off-site PPA" depending on whether the power generation facility is located inside or outside the place where the electricity is used. Virtual power purchase agreement (VPPA): an agreement where an electricity user purchases a renewable energy certificate (REC) from a renewable energy provider.

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