Best Technology, Better Future

Environmental

Action on Climate Change

Climate Change Management Governance

LX Semicon recognizes that addressing climate change is not only essential for our common future but also has a significant impact on business sustainability. Therefore, we have established company-wide climate change response governance through the board of directors and ESG committees to review climate change response strategies and action plans so that management, including the CEO, can make decisions on specific strategies and action plans for climate change response.

Climate Change Management Governance Climate Change Management Governance

Goal

2050 Carbon Neutrality

Key Task 1 Key Task 2 Key Task 3
Establish net zero implementation/management system Build the foundation for a renewable energy transition Participate in Environmental initiatives
Implement Carbon Neutrality Task Conduct CDP mock assessment (competency enhancement) Introduce photovoltaic power generation facility Consider introducing PPA and REC Join K-RE100
  • Key Task 1

    • Establish net zero implementation/management system
    • Implement Carbon Neutrality Task Conduct CDP mock assessment (competency enhancement)
  • Key Task 2

    • Build the foundation for a renewable energy transition
    • Introduce photovoltaic power generation facility Consider introducing PPA and REC
  • Key Task 3

    • Participate in Environmental initiatives
    • Join K-RE100

    Building a Green Workplace Foundation

  • Expand EV Charging Station Operations Electric vehicle chargers have been installed at Daejeon Campus following Yangjae and Gangnam Campus in order to respond to the government's policy to supply eco-friendly vehicles and to improve the convenience of eco-friendly vehicles for executives and employees. (A total of three units)
  • Introduce Electric Vehicles as Corporate Fleet One out of two business vehicles at Daejeon Campus has been converted to electric vehicles, and efforts will be made gradually to convert business vehicles that are owned/rented to EVs
  • Replacing LED Lights Old fluorescent lights at Daejeon Campus were replaced with LED lights in 2023, to improve energy efficiency and the working environment of executives and employees
  • Build a Centralized Heating and Cooling System Established a centralized air conditioning and heating control system for the Daejeon Campus in the second half of 2023 to improve energy consumption Adjust peak demand for electricity by controlling heating and cooling operations in corridors, passageways, during off-hours Completed construction of a centralized control system for air conditioners at the Siheung Campus, in addition to existing campuses
  • Participate in Demand Response (DR)* Projects Daejeon Campus participated in the 'Demand Resource Market System' in the second half of 2023 to respond to the nation's electricity supply and demand crisis, and will make efforts to apply it to other workplaces in the future DR : A system in which electricity users are compensated for the electricity they save through DR behaviors by selling it to the electricity market when market prices are high or during a grid crisis

Risk Management Process

LX Semicon intends to determine the direction of response with various stakeholders so that climate change issues can be considered when making management-related decisions. We plan to respond to climate change by implementing investments and linking business strategies, and to advance the response system based on monitoring and performance measurement.

  • 1
    Identify potential risk and opportunity

    Analyze climate change trends and business environment changes Conduct product and service, and new business analytics

  • 2
    Analyze and select risk

    Review the likelihood and impact of each risk factor

  • 3
    Analyze financial impact

    Review the impact of climate-related risks and opportunities on our finance (executive, related departments, etc.)

  • 4
    Risk assessment

    Assess and prioritize risk and opportunity factors by importance

  • 5
    Monitoring and performance analysis

    Collaborate with related departments - the ESG Committee- and the Board of Directors to determine climate change response direction and deliberate/resolve ESG-related issues

  • 6
    Climate action and strengthening ESG practices

    Link ESG management strategies and strengthen mid- to long-term climate change responses across the company (including information disclosure)

GHG Emission Management

LX Semicon established a 2050 carbon neutrality roadmap based on the need to respond to government net-zero goals and stakeholder demands, considering the company's business status, campus expansion, etc., and report it to the ESG Committee, even though there is not much carbon emission and no reduction obligations.
- Establishment of greenhouse gas inventory and verification of carbon emissions by external specialized agencies from 2022

GHG Emission Management GHG Emission Management
1) Business as Usual : Estimated emissions if no GHG reduction activities are undertaken
Transition to Renewable Energy
  • 1Solar Energy Generation Facility at the Daejeon Campus

    Facility capacity is 100 kW, which is expected to reduce about 10% of electricity usage at Daejeon Campus. Renewable Energy Purchases (PPA) and Renewable Energy Certificate (REC) will be considered in the future

    Solar Energy Generation Facility
    1) Solar Energy Generation Facility
  • 2Participate in Environmental Initiatives : K-RE100

    Participate in K-RE100 to achieve carbon neutrality and manage renewable energy transition performance

    * K-RE100: Korean private initiative to support raising 100% of corporate electricity use from renewable energy
    K-RE100 가입 증명서
    2) K-RE100 participation certificate
Solar Energy Generation Facility
1) Solar Energy Generation Facility
K-RE100 가입 증명서
2) K-RE100 participation certificate