#Sustainability #South Korea #Seoul #LG Energy Solution #Battery Manufacturer

LG Energy Solution Secures Top Spot in Global Sustainability Rankings

In a remarkable achievement, LG Energy Solution has been ranked 12th in the Corporate Knights' 2025 list of the World's 100 Most Sustainable Corporations. This marks the company's first appearance on this prestigious global index, and it stood out as the number one entity among battery manufacturers. Corporate Knights examined over 8,000 companies, evaluating them on various key performance indicators related to sustainability, including sustainable revenue, investment metrics, and resource management.

Driving Forces Behind Recognition

LG Energy Solution's commendable recognition stemmed from its sustainable business practices and substantial investments in environmental, social, and governance (ESG) initiatives. The evaluation criteria were stringent, covering elements such as energy productivity and greenhouse gas (GHG) management, with the company achieving top scores in sustainable revenue and investment categories. This reflected its commitment to providing reliable energy solutions while also focusing on future growth through innovative technologies.

CEO David Kim expressed pride in this recognition, stating, "We are fully committed to realizing our vision of leading the future green energy era with innovation in electrification for a sustainable battery ecosystem." LG Energy Solution's robust position on the list underscores its pivotal role in advancing toward a net-zero economy.

Commitment to ESG Practices

As a trailblazer in the battery manufacturing sector, LG Energy Solution is deepening its commitment to sustainable practices. In anticipation of stricter global regulations regarding ESG disclosure and carbon footprints, the company has already adopted comprehensive measures, including the Life Cycle Assessment (LCA) framework in 2019, which evaluates the environmental impacts of its products. As part of its strategy, the company ensures transparency and credibility of its sustainability claims through third-party validation and Environmental Product Declaration (EPD) certifications.

The scope of LCA and EPD has significantly expanded, covering battery cells with over 80% of total capacity in 2024. This proactive approach not only meets current environmental standards but positions LG Energy Solution as a leader in sustainable practices within the industry.

Enhancing Social Impact

In addition to its environmental initiatives, the company has made significant strides in its social responsibility efforts. LG Energy Solution has implemented a due diligence process aimed at mitigating human rights impacts related to its operations. By enhancing its governance framework around ESG, the company demonstrates a commitment to effectively managing challenges while fostering a culture of responsibility.

The pursuit of a sustainable battery ecosystem extends beyond just LG Energy Solution; it involves collaboration with its supply chain partners. By engaging and supporting suppliers, LG aims to create a more transparent and responsible ecosystem from raw material sourcing to product delivery. The recent publication of the 'Supply Chain Sustainability Report' highlights their efforts and strategic achievements in this regard.

Future Aspirations

With a strong foundation in sustainable practices and commitment to ESG, LG Energy Solution aims to achieve carbon neutrality across its entire value chain by 2050. By leveraging its extensive research and development capabilities, the company is not only focused on immediate goals but also on paving the way for long-term sustainability within the battery manufacturing sector. As a leader in battery technology, LG Energy Solution continues to innovate and set benchmarks for what it means to operate sustainably in today's world.

This accolade from Corporate Knights serves as both a recognition of past efforts and a motivator for future advancements in electrical and battery technology. With an ambition to lead the transformation towards a sustainable and electrified future, LG Energy Solution is poised to play an integral role in the global push for clean energy solutions.