Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]LG Display reviews and evaluates risks on all environment management strategy and GHG/energy-related agendas including climate change engagement activities and climate change counter strategy through ESG Environment Team. Through participating in various engagement activities including public hearings and policy meetings, the ESG Environment Team reports the results to CEO on a monthly or quarterly basis and shares with the employees through company website/ email. Goals for engagement activities are established to minimize financial loss and damage in corporate image, and to find new business opportunities; necessary company-wide countermeasures are established and performed when needed.
The climate change response department establishes and implements an action plan for greenhouse gas performance and reduction, and applies KPIs related to the achievement of company-wide energy reduction targets as performance indicators to encourage voluntary participation of employees and to lead engagement activities consistent with the company strategy.
As indirect performance, LGD provides consulting every year to the partners (greenhouse gas overview, emission calculation, and reduction ideas) through Green SCM.
LGD manages the climate change-related issues integrated into multi-disciplinary company-wide risk identification, assessment, and management process, and reviews and establishes mid- to long-term climate change strategies based on this.