Led by Vice Chairman Shin Hak-cheol to lead ESG innovation in Europe
LG Chemical announced on May 27, 2022 that Vice Chairman Shin Hak-cheol of the company held a ‘BC (business & campus) tour’ held at the Steigenberger Hotel in Frankfurt, Germany, with Chief Technology Officer Vice-President Yoo Ji-young and Chief Human Resources Officer Kim Seong-min on that day.
The ‘BC (Business & Campus) Tour’ is a representative global talent-acquisition activity in which key management directly communicates with local talent and conducts on-site interviews, and is conducted in conjunction with the CEO’s overseas business trip. About 30 master's and doctoral students with technology in new ESG-related business fields were invited to the event from 20 major universities including Oxford University in England, Federal Institute of Technology Zurich in Switzerland, and Humboldt University in Germany.
After attending the World Economic Forum in Davos, Switzerland, Vice Chairman Shin, who directly hosted the recruitment event, shared with the talented people in attendance his company’s business vision, such as LG Chem's ESG leadership and new growth engines, and insights from global leaders on the climate crisis.
At this meeting, Vice Chairman Shin said, “There was a consensus among leaders around the world that they should focus all their competencies on solving problems directly related to the environment, such as carbon neutrality and a virtuous cycle of resources.”
Then he stated that LG Chem has also selected eco-friendly sustainable business, battery materials, and global innovative new drugs as three new growth engines for a better future for mankind and is working hard to solve human problems.
Then he went on and stated, “For this, innovative technology that was unprecedented in the world is needed, and that technology starts with talented people like you.” He said, “I ask all of you who are devoted to research to solve the challenges of humanity, join us in the challenge of LG Chem.”
On the other hand, LG Chem has declared a 2050 net zero and 100% renewable energy conversion, and is innovating its business portfolio based on ESG.
LG Chem plans to invest 10 trillion won by 2025 to increase the proportion of three eco-friendly new businesses to more than half, and to raise total sales to 60 trillion won, more than double the current level by 2030.