LG Electronics Recognized as One of World’s Most Sustainable Corporations
ENGLEWOOD CLIFFS, N.J., Jan. 28, 2015 /3BLMedia/ - LG Electronics has been named one of the world’s most sustainable corporations by two leading research organizations, earning the top honor in its industry sector in both the 2015 Global 100 Most Sustainable Corporations in the World Index from Corporate Knights and the 2015 Sustainability Yearbook from RobecoSAM.
The 2015 Global 100 Most Sustainable Corporations in the World index, produced by Corporate Knights (www.corporateknights.com), recognizes the top overall sustainability performers in their respective industrial sectors. Considered the Gold Standard in corporate sustainability analysis, the 2015 Global 100 singled out LG as the only honoree in the Household Durables sector, while the company’s overall ranking improving significantly to 51st in 2015 from 82nd in 2014. Global 100 companies are scored on 12 quantitative key performance indicators that range from energy and water use, to product leadership and operational excellence to employee compensation and tax strategy.
In its 2015 Sustainability Yearbook, RobecoSAM (http://yearbook.robecosam.com) honored LG with the top prize, the Gold Medal designation, in the highly competitive Leisure and Consumer Electronics category. RobecoSAM, which also works with S&P Dow Jones Indices to publish the globally recognized Dow Jones Sustainability Indices, named LG as one of only a handful of companies to be both a “Sustainability Leader” and “Sustainability Mover” in the 2015 Sustainability Yearbook. Companies that are recognized are evaluated on a wide range of factors, including economics, innovation, supply chain management, elimination of hazardous substances, energy efficient products, product stewardship and recycling, labor practices and stakeholder engagement.
“At LG, we consider the sustainability-related impacts of our business from a 360-degree perspective. We believe we have a shared responsibility to protect the environment and enhance the quality of life for the people in the communities in which we operate,” said William Cho, president and CEO, LG Electronics USA, a 2014 ENERGY STAR Partner of the Year. “LG is honored to receive this recognition, a testament to the company’s commitment to environmental sustainability and social responsibility.”
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About LG Electronics Inc.
LG Electronics Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 82,000 people working in 119 locations around the world. With 2013 global sales of USD 53.10 billion (KRW 58.14 trillion), LG comprises four business units ― Home Entertainment, Mobile Communications, Home Appliances & Air Solutions, and Vehicle Components ― and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2014 ENERGY STAR Partner of the Year- Sustained Excellence. For more news and information on LG Electronics, please visit www.LGnewsroom.com.
About LG Electronics USA
LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a $53 billion global force and technology leader in consumer electronics, home appliances and mobile communications. LG Electronics, a proud 2014 ENERGY STAR Partner of the Year, sells a range of stylish and innovative home entertainment products, mobile phones, home appliances, commercial displays, air conditioning systems. LED lighting and solar energy solutions in the United States, all under LG’s “Life's Good” marketing theme. www.lg.com
LG Electronics USA
John I. Taylor