LG Electronics is continuing to drive sustainable business practices and programs both globally and here in Australia.
Measurable progress outlined in its most recent 2023-4 Sustainability Report demonstrate key achievements for the company including a year-on-year reduction in carbon emissions across operations, 95.5% waste recycling rate at LG business sites and an 11.8% reduction in GHG emission intensity during product use for seven major product categories.
LG has also achieved longer term sustainability outcomes including collecting 4.51 million tons of e-waste globally since 2006, and recycling 114,000 tons of plastic used in manufacturing since 2021.
“Globally, LG’s efforts include reducing carbon emissions, increasing recycling rates, and improving the environmental footprint of its products,” said LG Electronics ANZ marketing director, Gemma Lemieux.
“At LG Electronics, sustainability is deeply embedded in our corporate philosophy and operational practices around the world.
“The company actively engages in a range of local and global initiatives that demonstrate a commitment to conservation, community support and employee engagement.”
Locally, LG has a range of initiatives geared towards empowering the community and employees to embrace stewardship of the planet. One example is how LG Electronics Australia) has become the first presenting partner of Taronga Conservation Society Australia’s Hatch accelerator program – the world’s only zoo-led startup accelerator. LG Australia’s support of the program expands the 14-week program, providing ecopreneurs with masterclasses, mentorship and funding to develop sustainable business solutions.
As well as this, beyond the existing $50,000 Hatch Grant and $5,000 People’s Choice Award, LG Australia has introduced the $5,000 LG ‘Life’s Good’ Award as part of this program, reinforcing its commitment to fostering environmental innovation. The program will kick off in April 2025 and culminate in a pitch night at the end of June.
Additionally, LG’s annual REINVENT Day held towards the end of the year, invites employees to engage in environmental actions, from beach clean ups to supporting wildlife conservation, showcasing LG’s commitment to creating a better world through collective action.
As part of its latest REINVENT Day in 2024, LG invited Australian employees to become a Taronga Zoo Parent, supporting the care and conservation of endangered animals both here in Australia. Employees chose from a selection eight animals including the Platypus, Bilby, Tasmanian Devil, Meerkat, Red Panda and Asian Elephant, while the company supported the Taronga Zoo Parent program with a $10,000 donation to help protect the Red Panda.
This article was first published in the Appliance Retailer April/May 2025 Sustainability Report.