LG Electronics has recently announced that its 2023 OLED Evo series TVs have been recognized for reducing plastic use in their new sustainable TV design. This recognition is a result of LG’s ongoing environmental, social, and governance (ESG) efforts for plastic waste reduction.
The new composite fibre material used in the LG OLED evo series TVs requires only 40 per cent of the plastic used in LCD TVs of the same screen size. By using this material, LG has been able to effectively reduce its plastic use by 20,000 tons this year alone. Additionally, select models from the latest OLED evo series are around 20 per cent lighter than an LCD TV of the same screen size, contributing to the reduction of CO2 emissions in transit.
The back cover of LG OLED evo models, QNED TVs and NanoCell TVs released in 2023 are also completed with recycled plastic material which uses more than 30 per cent of used plastic. With such efforts, it is expected that LG will achieve a waste plastic recycling effect amounting to 3,200 tons yearly, regarding TV products alone.
LG OLED TVs are also made with fewer components than conventional LCD TVs, resulting in fewer resources used per unit and less plastic and e-waste at the end of the TVs’ operational life.
Baik Sun-pil, LG Electronics Home Entertainment Company’s Product Development Division lead, emphasized that the product boasts lighter weight and stronger durability, applying composite fibre material and metal. “As a company, we commit to continue to pursue a broad range of ESG initiatives and responsible practices, as the firm leader of the OLED TV market,” said Baik Sun-pil.
LG’s OLED TVs have continuously raised the industry bar since their initial launch in 2013, introducing pioneering display technologies such as OLED evo and groundbreaking form factors including the world’s first rollable TV, LG SIGNATURE OLED R, as well as the bendable LG OLED Flex.
LG has earned a place in the Dow Jones Sustainability World Index (DJSI World) for 11 consecutive years and has received the ‘Comprehensive A grade’ from the ESG Evaluation and Rating Announcement of Korea ESG Standards Institute (KCGS) for two consecutive years.