Samsung Electro-Mechanics employees holding upcycled work uniforms. [Photo: Samsung Electro-Mechanics]

Samsung Electro-Mechanics and LG Innotek received top grades in CDP assessments of responses to climate change. CDP is a global non-profit organisation that annually provides investors and financial institutions with information on climate strategies, greenhouse gas emissions and reduction efforts by major listed companies worldwide. CDP assessment results are recognised as among the most reliable sustainability management indicators, along with the Dow Jones Sustainability Indices and the FTSE4Good Index.

Samsung Electro-Mechanics said on Monday it was selected for the Platinum Club at the CDP Korea Awards hosted by the CDP Korea Committee. It marked a cumulative 8 times, the most among domestic companies. The Platinum Club is the highest tier that requires maintaining a Hall of Fame status for at least 4 years, and only the top 5 companies that received the highest grade for 5 consecutive years in CDP assessments can enter the Hall of Fame.

This year’s CDP climate change category assessed 16 items for 22,100 companies worldwide, including energy use, calculation and verification of greenhouse gas emissions, and emissions reduction targets. Samsung Electro-Mechanics received high scores across the assessment items for its phased implementation of a 2050 carbon neutrality plan and regular operation of a consultative body, regular reporting of climate change issues to an ESG committee within the board, and calculation and verification of greenhouse gas emissions generated across all processes of product processing, transport and disposal. It signed PPA agreements in Busan and the Philippines and carried out energy reduction activities.

Samsung Electro-Mechanics also won an excellence award in the water category. The water category assesses 14 items, including analysis of opportunities and risk factors and a water pollution management system. Samsung Electro-Mechanics was recognised for reusing about 11 million tonnes of water by reducing water use and expanding reuse facilities at its domestic and overseas sites. That is equivalent to Suwon’s one-month water supply.

Samsung Electro-Mechanics CEO Deok-hyeon Jang (장덕현) said, "We are doing our best for sustainable management, including responding to climate change and minimising environmental impact." He added, "We will become a trusted company by embedding sustainable management."

LG Innotek also said on Monday it received a leadership A grade for a third consecutive year in the 2025 CDP assessment of climate change response. This year’s climate change response assessment covered 22,100 companies worldwide. Of those, 766 companies, or 3 percent of the total, received a leadership A grade. LG Innotek was recognised for swiftly carrying out tasks for "2040 carbon neutrality" centred on a dedicated carbon neutrality organisation.

LG Innotek was selected as an excellent company in CDP’s climate change response category for 7 consecutive years from 2019 to 2025. LG Innotek declared "2040 carbon neutrality" in 2022 and has pursued environmentally friendly management activities. The company secured a large-scale renewable energy power supply chain through PPA and VPPA arrangements.

It also installed rooftop solar power generation facilities at major domestic and overseas sites and joined a green premium scheme. Over the past year, it switched more than 650 GWh, more than 60 percent of the power used at its domestic and overseas sites, to renewable energy. That is enough for 135,000 four-person households to use throughout a year.

LG Innotek CEO Hyuk-soo Moon (문혁수) said, "LG Innotek is focusing on sincere ESG management activities centred on shifting to renewable energy so that rising power demand along with the development of physical AI does not accelerate climate change." He added, "We will continue to create differentiated customer value through global ESG leadership."

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#Samsung Electro-Mechanics #LG Innotek #CDP #CDP Korea Awards #ESG
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