LG Group
OVERALL |
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Owned |
KOR |
Rating |
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Chemicals, electronics and telecommunications
South Korea's fourth largest conglomerate.
LG Corporation | KOR | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
LG Corporation | ||||
This company group is under a boycott call for their involvement in a controversial mining project in Rapu-Rapu, Philippines. Local residents face ecological disasters & their effects: health problems, loss of land & livelihood, and an uncertain future. LG owns 42% of the mine.
[Source 2012][More on Habitats]
This company received a score of 8.5/100 (retrieved 14-Feb-2018) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
[Source 2018][More on Habitats]
LG has comprehensive defense offerings and is a major supplier to the South Korean military.
[Source 2019][More on Military]
Brands owned by this company are on RankaBrand's Greenwashing Alert list. These are companies that report in some way on sustainability, but the information they provide is either of marginal or no relevance and is not explicit about sustainability performance.
[Source 2014][More on Irresponsible Marketing]
Rank a Brand searches the websites of brands for the answers to carefully targeted questions. From this they calculate sustainability scores based on the themes of environment, climate, labor issues, and transparency. Brands owned by this company received an 'D'.
[Source 2016][More on Sustainability Reporting] |
This company is a client of Biel Crystal, supplier of 60% of the world's touchscreen cover glasses. This SACOM 2013 investigative report discovered serious labour rights abuses in Biel Crystal's Chinese factories including excessive working hours, military-style management, worker suicides and blank work contracts. Moreover, Biel Crystal's Shenzhen factory has been fined by the Shenzhen municipal government for 3 continuous years of polluting the environment. [Listed under Information due to age of report]
[Source 2013][More on Workers Rights]
This company is a Bronze Member of the Sustainable Brands Network, the leading peer to peer, learning and networking group designed to support brands in meeting their sustainability goals and ultimately become those leaders of the next sustainable economy.
[Source 2018][More on Multi-Stakeholder Initiatives]
In 2016 Greenpeace East Asia ranked the world's 30 biggest personal care companies on their commitment to eliminating microbeads from their personal care products. The scorecard was based on four main criteria: commitment & transparency, definition, deadline and global application. This company was ranked as 'getting there'. Microbeads are not retained by wastewater treatment and end up in the ocean where they are a threat to the marine environment.
[Source 2016][More on Oceans]
The 2015 Solar Scorecard, produced by the Silicon Valley Toxics Coalition, rates solar panel producers on their commitment to the environment and worker safety. Areas looked at include emissions transparency, chemical reductions plan, workers rights and conflict minerals. This company received a score of 62/100.
[Source 2015][More on Governance]
The Corporate Research Project's Corporate Rap Sheets are dossiers summarising the most significant crimes, violations and other questionable activities of the world's largest and most controversial companies. Follow link to see this company's Corporate Rap Sheet.
[Source 2018] |
Company Details
Company Structure | Public company |
Revenue | US$147 billion in 2018 |
# Employees | 220,000 in 2012 |
Subsidiaries | LG Electronics Inc - LG Electronics Australia Pty Ltd LG Household & Health Care Ltd - New Avon LLC |
Contact Details
Address | Seoul, Republic of Korea |
Website | www.lgcorp.com |
Products / Brands
LG Electronics Australia
LG Laptops
LG Tablets LG Audio Equipment LG Blu-Ray/DVD Players LG Televisions LG Smartphones LG Air Conditioners |
LG Dishwashers
LG Fridges & Freezers LG Microwaves LG Washing Machines & Dryers LG Vaccuum Cleaners LG G Watch Smartwatches |
LG H&H
Reach Dental Floss Reach Toothbrush Tek Toothbrush |