LG Energy Solution pursues a culture that respects ‘diversity’ of individuals and does not tolerate any form of discrimination based on individuals’ differences; that ensures ‘equity’ in access, opportunity, resources and power to thrive; and that embraces ‘inclusion’ based on mutual understanding, respect and trust. LG Energy Solution is committed to embracing diversity, equity and inclusion (DEI) into its culture across all global sites and for all our members. We endeavo r to bring sustainable value for society by developing and implementing programs tailored to national and local context. LG Energy Solution is working to promote a culture that respects diversity, running programs such as Women Leadership Conferences focused on women leaders and in-house training programs on DEI as part of the company-wide ESG trainings for all employees.
LG Energy Solution builds a circular battery ecosystem in line with
carbon neutrality and drives sustainable growth across diverse industries.
Empowering Our People
Respecting Fundamental Rights
Under the corporate management philosophy, “People-Oriented Management”, LG Energy Solution fulfills its basic responsibility to uphold human rights and the right for freedom and happiness. LG Energy Solution supports the international standards including Universal Declaration of Human Rights, Human Rights and Labor Principles of UN Global Compact (UNGC), UN Guiding Principles on Business and Human Rights (UNGP), and relevant conventions of the International Labor Organization (ILO), and is in full compliance with relevant laws of each country we operate in. LG Energy Solution has established “Global Human Rights and Labor Policy,” which is applied to all business sites around the world, and constantly monitors and mitigates any human rights risks.
Regular ESG Risk Management Process
LG Energy Solution implements a regular ESG risk management process for our business sites and supply chain to uphold human rights in our business activities.
For global business sites, regular ESG risk assessments and on-site due diligence are conducted to manage any potential risks in key ESG issues, including human rights and labor.
Through these processes, we identify areas for improvement and strive to enhance them in our business operations. We also monitor and manage our suppliers' adherence to human rights by identifying relevant risks in the supply chain through regular ESG risk assessments and integrating the results into the regular suppliers evaluation process.
Human Rights Impact Assessment
LG Energy Solution operates a process to evaluate human rights impacts of our business activities on relevant stakeholders. In particular, it intends to diagnose human rights risks and identify areas for improvement for in-house (sub-)contractors, who can be exposed to human rights violations.
The human rights impact assessment intends to take a close look at various human rights issues including human rights management system, humane treatment, prohibition of forced labor, prohibition of child labor, non-discrimination, working hours, wages and benefits, freedom of association, and collective bargaining. The steps involved in the assessment include risk identification through self-assessment questionnaire, documentation review, interviews / survey questionnaire with the focus group, and on-site third-party audit.
Moreover, we plan to enhance the monitoring system of the Global Human Rights and Labor Policy and the Code of Conduct for Suppliers as well as conduct preventive activities in the field of human rights. We will also strengthen the management system for each contractor and continue to expand trainings for contractors on human rights and labor management system and the scope and procedures for handling internal grievance.
Collaborative Labor-Management Relations
LG Energy Solution recognizes workers and labor unions as important partners. We are committed to fostering a organizational culture and labor-management relations based on mutual trust, and employees are encouraged to freely join in labor unions. To strengthen our cooperative labor-management relations, we engage in regular collective bargaining sessions. In Korea, collective agreements and wage agreements are negotiated annually with the labor union, and the decisions made are promptly and transparently communicated to the employees. The latest collective bargaining agreement was successfully concluded on December 23rd, 2024.
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