LG Innotek achieves renewable electricity transition rate of 61% in just one year since joining RE100

Published on 08/07/2025 at 18:06 | prnewswire.co.uk

LG Innotek South Korea

Reduced approximately 267,000 tons of greenhouse gas last year with the transition to renewable energyFocusing on securing a stable renewable energy supply chain through REC, PPA, etc Invested 61.2 million USD in facilities of the environmental sector last year… improved environmental facilities).

LG Innotek employees are introducing the performance of ‘achieving renewable electricity transition rate of 61%’

LG Innotek employees are taking a look at the ‘2023-24 Sustainability Report’

[Terminology Description]

RE100(Renewable Electricity 100%): Transition to 100% renewable electricity for all business sitesREC(Renewable Energy Certificate): A certificate proving that a power producer has supplied electricity using new & renewable energy facilities. This is issued by the Korea Energy Agency. A company can purchase REC from a power producer and be recognized for using renewable energy by submitting it to the Korea Energy AgencyPPA(Power Purchase Agreement): It refers to signing a direct power purchase agreement between a renewable energy producer and supply business