LG Electronics (066570.KS)

Overall impact
D (33)

Commentary

LG Electronics is a below-average overall performer. With a 'D' rating of 33.4 for overall impact (bottom 25% of all companies), LG Electronics ranks 28th out of 34 industry peers, behind Koss, Boxlight, Vitec and 24 others, and ahead of Vuzix, Haier Smart Home, Eastman Kodak and 3 others. On top material causes for LG Electronics's industry (Consumer Discretionary Products), LG Electronics performs well in Quality Primary Education (87.3 score) and performs poorly in Racial Justice and Civil Rights (36.9 score), Sustainable Use of Water (20.3), No Poverty (0.0) and 13 other causes where it received a 'D' or 'F' score.
Impact
Cause 066570.KS
Peer rank
Overall impact

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Impact trend

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Company
Employees
34,626
Sector
Consumer Discretionary
Industry
Household Durables
Sub-industry
Consumer Electronics
SASB industry
Hardware
Headquarters
South Korea
Share classes
066570.KS
Description
LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communications, and home appliances worldwide. It operates through Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Components Solutions, and Business Solutions segments. The company offers refrigerators, washing machines, vacuum cleaners, air conditioners, air purifiers, and mobile communication products. It also provides digital, OLED, and LED signages, and commercial TVs for corporate, retail, QSR, transportation, hospitality, healthcare, and education sectors. Additionally, it offers commercial, residential, and utility ESS for PV self-consumption and frequency regulation applications, solar panels, and commercial laundry products, including washers and dryers. LG Electronics also manufactures compressors and motors, and provides LG Smart Solution, a cloud service that connects businesses and machines to business owners, as well as content management systems. In addition, the company offers monitors and PCs, laptops, medical displays, cloud devices, and projectors. It provides VRF, single and multi-splits, single packaged, heating solutions, chillers, and control solutions for residences, retail, offices, hotels, shopping malls, and hospitals, along with maintenance and related services. It sells its products under the LG brand name. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea.
Material causes
Ethos considers the following causes material for LG Electronics, based on its industry sub-industry Consumer Electronics. Learn more about material causes in our methodology overview.

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