Thu Sep 24 2020
A robust approach to the Principle of Materiality guides LG Electronics’ actions toward emerging sustainability topics, and strongly contributes to the company’s long-term sustainable growth trajectory
By leveraging the AccountAbility Principles, LGE has learned:
Regarding the organization's use of the AA1000 Series of Standards, Professor Jungmin Song, Deputy General Manager of LG Electronics' Corporate Social Responsibility Team, expressed:
"Sustainability assurance based on the AccountAbility Principles gives us confidence that the material topics we focus on are the most significant to our stakeholders.”
LGE continues to make a place for diverse stakeholder views on sustainability, and has a robust process for using the AA1000 Principles to identify its most material stakeholder concerns and turn them into actionable, management-supported goals and initiatives.
With the transition to the latest AccountAbility Principles (AA1000AP, 2018), LGE is building upon its historic focus on the Principles of Inclusivity and Materiality to incorporate the Principle of Impact in its integrated approach to sustainability management.