Supply Chain Management
We strengthen supply chain
risk management to
acquire
competitive partners and
reliable supply channel
ESG Inspection of Partner Companies
Our affiliates request that partner companies implement ESG self-assessment to identify issues and find solutions.
Key partners are offered additional support, such as site inspections and consulting.
Partner Companies’ ESG Assessment Process and
Result Management
The Assessment Framework
| Classification | Detailed items for review | |
|---|---|---|
| Labor |
Working hours Voluntary work Wages and benefits |
|
| Safety |
Industrial hygiene Occupational injury and illness Occupational safety Physically demanding work Hazardous substances |
|
| Ethics |
Protection of identity and Non-retaliation Supplier responsibilities |
|
| Management |
Audits and assessments Supplier responsibilities |
-
ESG Risk Management for Partners
LG Innotek implements an annual ESG evaluation for partners and recommends resolution for issues identified. Site inspections and consulting are offered if deemed necessary. -
Supporting Partner Companies to strengthen ESG Management
LG Electronics provides ESG empowerment training to its partner companies. The curriculum covers safety management training in terms of labor, health, environment, and ethics. -
Establishing Sustainable
LG Chem periodically conducts ESG evaluation to review partners’ ESG management and to identify potential risks. The goal is to enhance partners’ capabilities in climate change action and compliance.
Suppliers and Partners -
Assessment and Support for Partner Companies
LG Electronics enforces self-assessment of its primary and secondary partners based on global standards and supports 50 partners with third party assessment and improvement efforts. Partners are issued certification upon completing all evaluation process. -
Responsible Mineral Management
LG Energy Solution conducts site inspections and enforces improvements for human rights and environmental risk at raw material collection sites.
