LG Innotek Achieves Highest Grade for Two Consecutive Years in Global ESG Evaluation

Global ESG Rating Agency
'EcoVadis' Awarded 'Platinum'

LG Innotek announced on the 14th that it has received the Platinum rating from EcoVadis, a global ESG (Environmental, Social, and Governance) evaluation agency.

LG Innotek has achieved the highest global grade in ESG management (2024 EcoVadis Platinum). Photo by LG Innotek

With this, LG Innotek has maintained the Platinum rating for two consecutive years following last year. In this evaluation, the company was particularly recognized for its high performance in the areas of environment and labor rights. LG Innotek has established and is implementing three major ESG strategic directions: 'Eco-friendly management for a healthy planet,' 'Partnerships that enhance social value,' and 'Trusted governance.'

EcoVadis measures one year of performance across four areas: environment, labor rights, ethics, and supply chain, and assigns ratings in the order of Platinum (top 1%), Gold (top 5%), Silver (top 15%), and Bronze (top 35%).

Moon Hyuksoo, CEO of LG Innotek, stated, "We will continue to create differentiated customer value through sincere ESG management practices for a sustainable company."