LG Innotek Has Published Sustainability Report

Unveiling of activities and achievements to enhance the value for key stakeholders.

Increased R&D investments as well as the reduction of energy costs and greenhouse gas emissions.

"We will become a beloved company by practicing social responsibility." a?? CEO, Cheol-Dong Jeong

SEOUL,South Korea, Aug. 5, 2020 /PRNewswire/ -- LG Innotek (CEO, Cheol-Dong Jeong) announced on July 29th that it has published a "2019-20 Sustainability Report" containing corporate social responsibility (CSR) performance.LG Innotek has published a sustainability report every year to share sustainable management performances and plans. LG Innotek also actively communicates with stakeholders to realize a better future. This Sustainability Report is the eleventh edition since its firstApublication in 2010.In particular, LG Innotek is strengthening its social responsibility on its 50th anniversary to continue to be a sustainable company. To this end, a CSR team was established at the end of last year and promoted CSR activities to increase the value of stakeholders.In the report, LG Innotek summarized and unveiled sustainable management activities and achievements for five key stakeholders, customers, employees, shareholders, suppliers, and local communities.First of all, the company invested about 447 million dollars in R&D last year to continuously provide value to customers through innovative technologies. LG Innotek's R&D investment continues to increase every year. According to the Korea Institute for Advancement of Technology (2019), LG Innotek ranked 12th inAR&D investments among the top 100 Korean companies.
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