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LG ELECTRONICS ANNUAL REPORT 2004
048
049
Establishment and Operation of an Eco-
Friendly Management System
LG Electronics unveiled "LG's
Declaration for a Cleaner Environment" in 1994.
This was a first for a Korean business entity.
The Company established an eco-friendly
management system, and applied eco-friendly
production technologies throughout its entire
work processes. This resulted in an advanced
eco-development system that ran from initial
production to final disposal of wastes. Through
this system the discharge of environmental
wastes was minimized, and the Company
efficiently handled the prevention of
environmental pollution. Our achievements in
eco-friendly management were demonstrated
by evaluations from external institutions. For
example, in 2004 LG Electronics placed first in
environmental management among 30
respected Korean business entities by IBM BCS
(formerly PwC), a worldwide business consulting
institution. We have chosen eco-friendly
management matters as core mid and long-term
tasks in order to secure a global leadership
position in environmental safeguards, and build
an advanced environmental safety management
system. We have also established and carried out
global environmental safeguard regulations that
will strengthen the environmental pollution
prevention activities of our overseas factories.
Eco-Friendly Technology and
Product Development
Our eco-friendly product develop-
ment strategy will completely abolish the use of
toxic substances, and stabilize the number of
harmful substances well below the regulation
levels. Specifically, we will employ lead-free
soldering technology to all products. As required
by EU, we will also establish a take-back and
disposal system for waste products. We are
committed to increasing our recycling,
developing eco-friendly products, and
expanding the management of eco-friendly
components. This will fully satisfy every country's
environmental regulations. We strengthened
our chemical substance management systems
from the component development, to the
component disposal stage, in order to meet or
exceed the level of advanced worldwide
business entities. In addition, LG Electronics has
stepped up its efforts to carry out technological
development and eco-friendly product design, in
order to promote recycling and resource saving.
As a result, we have developed an
environmentally friendly refrigerator that causes
zero destruction to the ozone layer. We
accomplished this by applying next generation
cooling technology, and a low energy
consumption linear compressor technology.
We are also leading in the development of
environmentally friendly products as evidenced
by our receiving an authentication for
Environmental Declaration of Products (EDP) for
mobile handsets, in April of 2004. This was a first
in Korea. Previously LG Electronics gained an
authentication of EDP for TVs, air-conditioners,
washing machines and refrigerators.
In March 2004, we showcased a
broad range of our eco-friendly technologies
and products in an environmentally friendly
technology and product exhibition which was a
supplementary event of a Ministerial Meeting on
the Global Environment, and the eighth
Extraordinary General Meeting for United
Nations Environment Program held in March
2004, in Jeju. LG Electronics bolstered its image
as an environmentally friendly company by
receiving many favorable comments from
visitors to the exhibition, from both home and
abroad.
The global community has channeled its energies toward preserving the environment through a broad
spectrum of international eco-development treaties and trade negotiations. As stricter environmental
regulations are being enforced, each country is using environmental matters as non-tariff trade barriers.
Other advanced countries have armed themselves with eco-friendly technologies that have given them
the advantage in the redistribution of global trade. Increasing global competitiveness through eco-
friendly management has emerged as one of the most crucial issues facing the global economy. It is
currently not a choice; it is a requirement. As an eco-friendly global entity that is leading in the
preservation of the earth's environment, LG Electronics will exert the utmost effort to research and
develop innovative technologies that protect and preserve our land. In so doing, we will improve the
quality of people's daily lives. We will also endeavor to fulfill our social responsibility to hand down a
more pleasant and secure environment to our descendents.