LG Electronics Joins Global RE100 Initiative, Commits to Full Renewable Energy Use by 2050

LG Electronics has pledged to transition its entire operations to 100% renewable energy by 2050, joining the global RE100 initiative. The South Korean tech giant aims to achieve 60% renewable energy usage by 2030, with progressive increases thereafter. This aligns with their ongoing eco-initiatives, like constructing a solar power station in Changwon's LG Smart Park, slated for completion by 2025.

In July, LG vowed to gradually transform to entirely using renewable energy, starting with 60% by 2030, 90% by 2040, and 100% by 2050. LG has been constructing a solar power station in Changwon's LG Smart Park, together with the regional energy provider GS EPS, as part of its environmental initiatives. The facility is scheduled to be finished in 2025.

The South Korean technology company has also been using electricity generated on-site in its offices and production facilities in Seoul, North America, and India.

It has implemented several green initiatives, including solar panel installation on its buildings, the use of power purchase agreements that enable businesses to buy electricity directly from suppliers, the use of Renewable Energy Credit certificates, and participation in the Green Premium program in Korea, LG's home market, to buy clean energy directly from the Korea Electric Power Corporation.

Last week, Kakao also signed up for the RE100 initiative. While the global campaign aims to replace all fossil fuel-generated electricity with renewable energy by 2050, Kakao moved up the target year to 2040.

The pledge is a part of Kakao's strategy, which was announced last year, to further consider environmental factors in planning its operations.

The KakaoTalk messenger operator also targets to replace 60% of its electricity consumption in its offices and data centers with renewable energy by 2030. Kakao's Jeju Island headquarters already runs on 100 percent renewable energy.

Photo: LG전자/Flickr(CC BY 2.0)