LG’s Third Annual Sustainability Report Details Company’s Progress

Seoul--(뉴스와이어)--LG Electronics (LG) released its third annual Sustainability Report, covering the 2008 fiscal year. The consumer electronics and appliance company’s report contains details of its progress in sustainable management and outlines future plans in areas covering the economy, society and environment.

LG’s Sustainability Report was produced to inform and update it various stakeholders of the company’s accomplishments and ongoing efforts to create a more sustainable business practice. An electronic version of the report will be available for download from LG Electronics’ home page at http://www.lge.com/about/sustainability/main.jhtml starting on August 19.

In producing this report, LG carried out extensive surveys, interviews and media analysis with stakeholders including customers, employees, academia, analysts, investors, consumer associations and NGOs. The report is divided into five categories comprising customer value enhancement, environment leadership reinforcement, responsible business partner practices, community engagement and employee value improvement. The report adheres to the international standard Global Reporting Initiative (GRI)’s G3 guidelines and was verified by Two Tomorrows, an international company that helps organizations adopt business sustainability practices.

“We will continue to explore new opportunities and growth engines, allowing us to become a leading multinational corporation that is both trusted and respected by its stakeholders through a deeper understanding of sustainability and its application to everyday management,” said Yong Nam, Vice Chairman and CEO of LG Electronics, in the report.

To ensure that its sustainability efforts receive the highest priority from management, LG Electronics established a Corporate Sustainability Management Committee earlier this year. And to reinforce sustainable management practices throughout its business, LG holds quarterly Corporate Sustainability Management Council meetings with decision makers from various Korean and overseas departments including Strategy, Human Resources, Corporate Social Responsibility, Finance and Environment, among others.

A presentation on LG’s sustainable business initiatives will be held for international analysts and investor organizations next month.

LG Electronics 개요
LG Electronics Inc., (KSE: 06657.KS) is the leader in consumer electronics and mobile communications. The company has more than 72,000 employees working in 77 subsidiaries and marketing units around the world. LG Electronics is the world’s largest producer of CDMA handsets, residential air conditioners, optical storage devices and home theatre systems. With total revenue of more than USD 35 billion (consolidated USD 45 billion), LG Electronics is comprised of four business units: Mobile Communications, Digital Appliance, Digital Display and Digital Media. For more information, please visit www.lge.com.

웹사이트: http://www.lge.com

연락처

LG Electronics Inc. Corporate Communications
Judy Pae
+822 3777 7144
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