Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

LG Pledges Transition To 100 Percent Renewable Energy By 2050

Urja Daily by Urja Daily
July 22, 2021
in News
Reading Time: 3 mins read
0
LG Pledges Transition To 100 Percent Renewable Energy By 2050

LG Logo (PRNewsfoto/LG Electronics USA)

Share on FacebookShare on TwitterShare on Linkedin

SEOUL, South Korea, LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy. The announcement in the just released LG Electronics Sustainability Report comes on top of its earlier commitment to carbon neutrality through the Zero Carbon 2030 initiative in which LG has pledged to reduce carbon emissions in the production stage to 50 percent of 2017 standards by 2030.

The transformation will be implemented region by region starting in North America where every office and manufacturing site will be powered by renewable energy within the year. LG manufacturing facilities outside of Korea are on target to convert 50 percent of their electricity needs to renewable energy in the next four years.

RELATED POSTS

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

VinFast Expands into Hyderabad with Dual Showroom Launch

Achieving this objective globally will require a diverse strategy, including installing high-efficiency LG solar panels on its buildings, utilizing power purchase agreements that allow companies to purchase electricity directly from suppliers, utilizing Renewable Energy Credit (REC) certificates and participating in the Green Premium program in Korea, LG’s home market to purchase clean energy directly from the Korea Electric Power Corporation (KEPCO).

Currently LG is installing solar modules with a capacity of 3.2 MW on a manufacturing site in Noida, India, generating electricity to power LG’s administrative office as well. This project will be expanded as a part of the Clean Development Mechanism (CDM), allowing LG to secure carbon reduction certificates from the United Nations Framework Convention on Climate Change (UNFCCC).*

“Our commitment to creating a better life for all can best be actualized by LG transition to renewable energy and achieving carbon neutrality,” said Park Pyung-gu, senior vice president at LG Electronics Safety & Environment Division. “In today’s world, innovation doesn’t just happen in the lab, they must also happen in our factories and plants. Today’s manufacturers have a once-in-a-lifetime opportunity to give the next generation a world worth inheriting and at LG, we take this responsibility very seriously.”

* CDM project allows companies to earn certified emission reduction (CER) credits when investing projects in developing countries. CER can be traded, sold and used to meet a part of the emission reduction targets under the Kyoto Protocol.

Tags: Korea Electric Power CorporationLG ElectronicsSolar PanelsUnited Nations
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

BPCL

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

by Palak
September 29, 2025
0

Kochi, Kerala, India - Bharat Petroleum Corporation Limited (BPCL) is celebrating sixty years of its Kochi Refinery. From a modest start...

VinFast

VinFast Expands into Hyderabad with Dual Showroom Launch

by Palak
September 26, 2025
0

Hyderabad, Telangana, India - VinFast Auto India announced the inauguration of its two showrooms in Hyderabad, further strengthening its presence...

Samsung

Samsung and Videotex Partner to Expand Tizen OS TVs in India

by Palak
September 25, 2025
0

Delhi : Videotex International Pvt. Ltd. has announced a partnership with Samsung to locally manufacture Smart TV powered by Samsung Tizen OS...

Mitsubishi Electric

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

by Palak
September 25, 2025
0

TOKYO - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Iwao Oda) today announced the introduction of KEGMIL, a...

WOTR

Maharashtra, WOTR Sign Pact to Mainstream Ecological Resilience in State Planning

by Palak
September 23, 2025
0

Pune: The Department of Environment and Climate Change, Government of Maharashtra, has signed an MoU with the Watershed Organisation Trust (WOTR)...

Next Post
Solar site

4 New Solar Sites Announced By Duke Energy Florida

Solar panel

O3 Energy Ranked As Top US Solar Contractor For 8th Year

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

BPCL

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

September 29, 2025
Montra Electric

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

September 29, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

VinFast Expands into Hyderabad with Dual Showroom Launch

India Can Lead in Semiconductor Innovation, If We Skill Right

Samsung and Videotex Partner to Expand Tizen OS TVs in India

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved