Eco-Friendly Products

With the purpose of manufacturing sustainable, eco-friendly products, LG Display assesses the entire product cycle from an environmental perspective and utilizes the findings in product development. With the adoption of Life Cycle Assessment (LCA) in 2021, we have applied it across the entire cycle in accordance with ISO 14040, assessing the impact scope of six categories, including global warming, resource depletion, ozone layer depletion, acidification, eutrophication, and photochemical smog. The LCA allows us to analyze the environmental impact at each stage, which has, in turn, enabled us to move towards more sustainable, greener product development. Efforts are being made to minimize our environmental footprint, with assessment results reflected and incorporated into the development of process technologies and eco-friendly materials. In 2022, 22% of products sold were assessed, followed by an expansion to 40% of products assessed. Starting from 2024, we plan to establish a system for LCA to shorten the time spent on data collection and analysis and to earn more trust. Moreover, we target 45% of products sold for assessment in 2025. Likewise, we will continuously broaden the scope of products and categories subject to the assessment

Customer demands for product responsibility are becoming increasingly diverse, and statutory regulations are growing more complex as ESG advances. LG Display has developed the ESG Product Environmental Performance Index (Eco-Index), a tool that assesses a product's environmental performance using an index based on environmental categories by reflecting the rising internal and external demands, and performs product assessments. Furthermore, the company derives and improves environmental categories with improvement potential based on the assessment results. LG Display continually enhances the Eco-Index by considering both internal and external factors, with plans to incorporate the index into product development and assessment.

LG Display has obtained eco-friendliness certifications on carbon footprints, hazardous substances, recycling, green technologies, and more from third-party certification institutions to provide customers with credible environmental information about its products.