About LG
"Creating value for customers" and "respect-based management" have been the fundamental management philosophies behind LG Electronics' management activities, promoting the basics of corporate sustainable management. The starting point for LG Electronics' various activities, designed to improve quality of life, lies in the company's commitment to society and to developing new ideas. Moving forward, these two philosophies will serve as the framework for LG Electronics' corporate sustainable management.
LG Electronics has established four basic methods to achieve corporate sustainable management. directions for sustainable management.
First, based on the internal system for corporate sustainable management, LG Electronics is looking to develop its organization and systems and to strengthen its internal competencies so that the three focal points — economic profitability, eco friendliness, and social responsibility — can be assured.
Secondly, LG Electronics systematically manages risks by identifying and monitoring non-financial risks, such as the environmental and social issues of domestic and international businesses, as well as financial risks.
Thirdly, LG Electronics monitors communication channels in a more analytical way, relating to the parties concerned, and reflects their opinions and requests with regard to corporate policies and management activities more effectively.
Finally, LG Electronics intends to build global leadership in and out of Korea by using its brand strategies in connection with corporate sustainable management activities.
/ PDF, 3.89MB