MASHINIi

LG Display.

LPL.US | Manufacture of electronic components and boards

LG Display Co., Ltd. is a leading global innovator of display technologies, including OLED (Organic Light Emitting Diode) and LCD (Liquid Crystal Display) panels. The company designs, develops, manufactures, and sells display panels for a wide range of applications, including televisions, mobile dev...Show More

Ethical Profile

Mixed.

LG Display has faced significant ethical challenges, incurring $868 million in fines for alleged price-fixing and anti-competitive practices since 2000, including $400 million in 2008 and $380 million in 2012. Despite this, the company shows strong environmental commitment, achieving a 99.5% waste recycling rate at domestic sites in 2023, targeting 100% by 2030, and aiming for 600,000 tons of recycled plastic use. Their OLED technology also reportedly reduces blue light, with studies suggesting an 8.1% increase in melatonin for improved sleep. Additionally, 99% of smelters in its supply chain are certified conflict-free.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-10
-100100
Honest & Fair Business10
-100100
Kind to Animals0
-100100
No War, No Weapons10
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

10

LG Display's OLED technology demonstrates a substantial positive health impact, with OLED panels emitting 36% blue light compared to 70-80% from LCDs, representing a 50% reduction.

1
A clinical study with 40 adults showed melatonin levels increased by 8.1% after OLED viewing, while decreasing by 2.7% after LCD viewing, indicating improved sleep quality.
2
The company exhibits industry-leading risk transparency by publicly disclosing these findings and obtaining numerous third-party certifications for eye comfort, low blue light, flicker-free, reflection-free, and circadian rhythm friendliness from organizations like TÜV Rheinland, Eyesafe, UL Solutions, and Intertek.
3
LG Display began dedicated blue light research in 2019.
4
The company's operations are not applicable to pharmaceutical patent flexibility, nutrition and food safety, or addiction mitigation.

Fair Money & Economic Opportunity

0

LG Display is a display technology company that designs, develops, manufactures, and sells display panels.

1
The company does not offer lending, insurance, deposit, or other financial services to consumers. Therefore, the KPIs under the 'Fair Money & Economic Opportunity' value, which are designed to assess financial institutions on aspects like underserved client share, pricing fairness, exploitative fees, financial inclusion lending, data accessibility for financial data, fair lending compliance, wealth building outcomes, profit reinvestment in community finance, financial literacy initiatives, customer debt burden, geographic inclusion for banking services, and product simplicity for financial products, are not applicable to LG Display's core business model. While the company engages in various CSR activities such as building homes for underserved communities, providing scholarships, and offering skill development, these initiatives do not fall under the specific definitions of the financial services-focused KPIs.

Fair Pay & Worker Respect

0

No specific, concrete data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect for LG Display (LPL.US). Information regarding living wage coverage, CEO-to-median employee pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage for the company's workforce was not available.

Fair Trade & Ethical Sourcing

-10

No incidents of forced or child labor were found in the supply chain.

1
LG Display includes its ESG Supplier Code of Conduct, which covers labor, human rights, health, safety, environment, ethics, management systems, and conflict and responsible minerals, in the standard contracts of its suppliers.
2
The company checks compliance with ESG supply chain codes of conduct at least once a year for major suppliers.
3
Corrective actions for non-conformities identified during audits are verified within 90 days.
4

Honest & Fair Business

10

LG Display's board of directors includes 57% independent members.

1
The company has a whistleblower policy that strictly protects whistleblowers from retaliation, offers a reward program, and provides multiple reporting channels.
2
All reported cases are investigated, and feedback is provided to the reporter within 20 days in accordance with our policy.
3
In 2024, 100% of the 1,542 posts registered throughout the year were responded to.
4
The company has established pre- and post-control procedures for bribery and corruption, requires all employees to sign an anti-corruption pledge, and includes anti-corruption compliance clauses in contracts with suppliers.
5
The anti-corruption policy covers all employees, partners, and third-party agents, and complies with major international anti-corruption laws.
6
LG Display obtained ISO 37301 (Compliance Management System) certification in 2022, covering fair trade, anti-corruption, corporate governance, product quality, and human resources across all Korean sites, and has undergone two consecutive years of post-certification audits.
7

Kind to Animals

0

No specific, quantifiable evidence was found in the provided articles for LG Display (LPL.US) that directly addresses the defined Key Performance Indicators for the 'Kind to Animals' ethical value. The company's core business of display technology does not typically involve animal testing, animal-derived ingredients, or animal agriculture. While the company engages in general environmental and biodiversity initiatives, the available reports do not provide specific animal welfare metrics or initiatives that align with the rubric's quantitative thresholds for any KPI.

No War, No Weapons

10

LG Display reported that 99% of its 3TG (tantalum, tin, tungsten, gold) smelters were RMAP-conformant or RMAP-active in 2024, based on an investigation of 238 smelters.

1
The company conducted war-risk audits for these minerals, with 236 out of 238 smelters identified as conformant or active under the Responsible Minerals Assurance Process (RMAP).
2
This demonstrates 100% compliance with its ethical red line that 3TG minerals in its supply chain should not finance or benefit armed groups in conflict-affected regions.
3

Planet-Friendly Business

-50

LG Display's total Scope 1, 2, and 3 greenhouse gas emissions for 2024 were 6,459,738 tCO2eq, with full Scope 1-3 published annually.

1
The company has established greenhouse gas reduction targets of 53% by 2030, 67% by 2040, and 100% by 2050 compared to 2018 levels, but these targets are not explicitly stated as SBTi-validated.
2
Its renewable energy usage reached 39% of total site electricity in 2024.
3
The Paju site obtained Platinum-level certification for zero waste disposal in 2024.
4
In 2024, 61.9% of sold products were subject to Life Cycle Assessment.
5
The recycled material usage rate in 2024 was 19%.
6
The company's report has been prepared with reference to IFRS S2, which is based on the previous TCFD framework, indicating partial alignment with TCFD recommendations.
7
Its climate scenario analysis is rudimentary, assessing materiality of climate-related risks and opportunities by categorizing key factors by short- and mid-to-long-term impact, without specific pathways.
8

Respect for Cultures & Communities

0

The provided articles offer general statements about LG's commitment to inclusivity, diversity, and social responsibility, including some broad initiatives by LG Corp

1
and specific CSR activities by LG Display
2
. However, there is no specific, quantitative data for LPL.US (LG Display) that directly addresses any of the KPIs for 'Respect for Cultures & Communities' as defined by the rubric. Information on formal partnerships, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural training completion rates for LPL.US is not provided.

Safe & Smart Tech

0

No evidence available to assess LG Display on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

LG Display achieved a 99.5% waste recycling rate at its local business sites in 2023

1
, overachieving its 2023 waste generation target by 114%.
2
The company aims for a 100% recycling rate and zero landfill waste at its domestic production sites by 2030.
3
No waste disposal violations or citations were mentioned in the provided articles. LG Display adopted Life Cycle Assessment in 2021
4
to evaluate environmental impacts across the product lifecycle, enabling reductions in material usage, emissions, and power consumption.
5
Its 14-inch laptop panels are the first in the industry to receive Product Carbon Reduction and bio-based Environmental Claim Validation certifications
6
, utilizing biomass materials
7
and achieving an approximately 8% carbon emission reduction compared to previous models.
8

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.