Lg Chem (051910.KS)

Overall impact
B (63)

Commentary

Lg Chem is a strong overall performer. With a 'B' rating of 62.8 for overall impact (69th percentile compared to all companies), Lg Chem ranks 10th out of 37 industry peers, behind GelTech Solutions, Trecora Resources, Happiness Biotech and 6 others, and ahead of Minerals Technologies, Solvay, Linde and 24 others. On top material causes for Lg Chem's industry (Chemicals), Lg Chem performs well in Accountable Institutions (85.4 score), Humane Treatment of Animals (96.1) and Healthy Oceans (86.2) and performs poorly in Sanitation Access (27.7 score) and Clean Water Access (22.8).
Impact
Cause 051910.KS
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Company
Founded
1947
Employees
14,317
Sector
Industrials
Industry
Electrical Equipment
Sub-industry
Electrical Components & Equipment
SASB industry
Chemicals
Headquarters
South Korea
Share classes
051910.KS
Description
LG Chem, Ltd., together with its subsidiaries, engages in the petrochemicals, energy solutions, advanced materials, life sciences, and common and others businesses in South Korea, China, Asia, the United States, Europe, and internationally. It provides olefin petrochemicals, including ethylene, propylene, butadiene from Naphtha; synthetic resin and synthetic components from olefin, and aromatic petrochemicals, such as benzene. The range of products includes propylene, polypropylene, bisphenol A, acrylonitrile butadiene styrenes, EP, polyvinyl chloride, plasticizers, acrylics, super absorbent polymers, synthetic rubber, and others. The company also manufactures and supplies IT and new application batteries for mobile phones and laptop computers; automotive batteries for electric vehicles; and energy storage system batteries. In addition, it manufactures and supplies various IT materials, such as polarizers, automotive materials, glass substrates, OLED films, OLED materials, battery materials and others, and RO membranes. The product range further extends to semiconductor materials, and display and battery materials for LCD photoresist. Further, the company offers human growth hormones, such as Eutropin; diabetes drugs, such as Zemiglo; bovine somatotropins, such as Boostin; vaccines; hyaluronic acid fillers, such as YVORIE, and others. It produces fine chemical products, such as herbicide PYANCHOR for rice farming, and provides crop protection products, seeds, fertilizers, and agricultural pesticides. Additionally, LG Chem offers pharmaceutical research services, facility management, and general cleaning services. The company also manufactures and sells adhesives and electronic parts, sells pharmaceutical products, and water processing membranes. It is involved in agricultural pesticides licensing and invests in venture companies. LG Chem, Ltd. was founded in 1947 and is headquartered in Seoul, South Korea.
Material causes
Ethos considers the following causes material for Lg Chem, based on its industry sub-industry Electrical Components & Equipment. Learn more about material causes in our methodology overview.
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