CSR Management

CSR(Corporate Social Responsibility) Management

For a more systematic approach to CSR, which is fast taking root as a global standard in business, LG Electronics has established Corporate Social Responsibility Committee (CSR Committee) as top decision-making body. The quarterly CSR Committee consists of CEO as chairman, each president of company/region, and C-Level executives. The CSR Committee is responsible for approving corporate CSR strategy and policy such as joining the UN Global Compact and operates sub committees including Jeong-do management and supply chain sustainability.

The Global CSR Council and HQ CSR Group are implementation body to carry out strategic tasks, which are decided by CSR Committee. The Global CSR Council consists of managers in headquarter and each company/region to discuss and perform corporate-wide tasks including corporate strategy, human resources, labor-management, environment & safety, social contribution, ethics, fair trade, corporate communication, and IR. The HQ CSR Group is responsible for promoting in-house understanding of the importance of CSR activities, coordinating and supporting of tasks, building up networking ties, and publishing sustainability report, among its responsibilities.

Based on these CSR governance, LG Electronics has been focusing on formulating CSR strategies and the implementation of roadmaps, strengthening stakeholder communication, integrating the management of CSR risks and performance evaluation, building up internal competencies, and linking CSR activities with brand management and marketing. LG Electronics will make every effort to carry out corporate-wide CSR activities as well as reflect multiple stakeholders’ opinion into business.

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