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One of Asia’s largest corporations has set aside $18billion to spend on environmentally-friendly business practice over the next ten years.
The LG group, which incorporates LG Electronics along with chemicals and telecommunications firms, will split the sum between green research, new facilities, and energy-efficient product development.
The South Korea-based company hopes to cut its greenhouse gas emissions by 40 per cent by 2020, a reduction of 50 million tonnes per year, and bring its revenue from green products up to ten per cent of its total business.
The LG group, which incorporates LG Electronics along with chemicals and telecommunications firms, will split the sum between green research, new facilities, and energy-efficient product development.
The South Korea-based company hopes to cut its greenhouse gas emissions by 40 per cent by 2020, a reduction of 50 million tonnes per year, and bring its revenue from green products up to ten per cent of its total business.
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