LG announces plans to recycle 600,000 tons of waste by 2030 as part of its environmental sustainability

In today’s world, environmental sustainability is becoming increasingly important as we continue to grapple with waste. Companies are realizing the need to take action in order to reduce their carbon footprint as well as create a greener future for generations to come.

One company that is taking sustainability seriously is LG Electronics, with a long-standing commitment to protecting the environment, they are leading the way in the electronics industry.

During the CES 2023, LG announced that they will be utilizing over 600,000 tons of recycled plastic by 2030 in an effort to reduce greenhouse gas emissions in the value chain. In 2020, LG indicated that it utilized 20,000 tons of recycled plastics inside its LG TVs, PC monitors, speakers, washing machines, refrigerators and air conditioners. However, they also indicated that there are plans to utilize recycled plastic on the exterior of its products as well. They are also reducing the use of virgin plastic throughout their operations as well.

The electronics manufacturer also indicated that between 2006 to 2021, they collected 3.5 Million tons of e-waste with plans to raise this amount to 8 million tons by 2030. This initiative to take back and recycle electronic waste has been launched in 52 countries so far. In South Korea, LG Chilseo Recycling Center, which opened in 2001, not only takes back electronic waste but also manufactures new components from the recycled plastic and ships the parts to LG’s home appliance plant nearby for use in new products such as refrigerators.

LG also announced that it intends to achieve carbon neutrality by 2030, to aid towards achievement of this, the electronics manufacturer expects to reduce carbon emissions by 20% in their seven major product categories through energy efficiency.

When it comes to energy consumption, LG plans to completely transition to renewable energy around the world by 2050 led by operations in the United States which has already achieved this goal.