LG Energy Solution pursues sustainable innovation based on 『Sustainability Vision』, which includes customer, environment and social value throughout its business activities.
LG Energy Solution is doing its best to mitigate energy and greenhouse gases in the production process to respond to climate change.
-Convert 100% of energy used for battery production to renewable energy by 2025 Poland (’19), USA (’20), Korea/China (’25)
-Aim at jointly responding with vendors to reduce carbon emissions generated during the raw material production and transportation process
LG Energy Solution is setting up a closed-loop that includes the entire social value chain from raw material production to consumption and disposal of batteries.
-Installed and operated EV quick charging stations using end-of-life batteries
Ochang Plant (Oct ‘20), Daejeon R&D Center (end of '20), Taxi garage (Q1 ‘21)
-Construct recycling system that disassembles and refines/smelts end-of-life batteries to reprocess as metals needed for production
China (‘20), Korea/Poland (‘21)
LG Energy Solution is striving to construct a responsible supply chain considering the environment, human rights, anti-corruption, etc. regarding raw materials.
-Established Responsible Sourcing Policy and Suppliers’ Code of Conduct that contains the philosophy of responsible sourcing in our supply chain management.
-LG Energy Solution participate various international initiatives to collaborate with other companies in the supply chain to build consensus and partnership.
-In accordance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, LG Energy Solution has been conducted due diligence of our Cobalt supply chain and is planning to expand to other mineral such as Nickel and Lithium.
-To ensure transparency and traceability of our supply chain management, LG Energy Solution has been established a tracing system using Block chain technology
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