July 26, 2011

LG Electronics Joins Carbonfund.org to Introduce Carbon-Neutral Products

WASHINGTON, July 26, 2011 /PRNewswire/ -- Helping to educate consumers and retailers about environmental sustainability, LG Electronics and the Carbonfund.org Foundation announced today that LG products have earned the new CarbonFree®( )Certification label. The new CarbonFree( ) LG products, including consumer electronics, home appliances and solar panels, will be available in the United States in early 2012.

Working with the Carbonfund.org Foundation, the leading nonprofit carbon reduction and climate solutions organization, LG completed a life cycle analysis (LCA) on six core products to determine their carbon footprints from raw material extraction and production to use and disposal. CarbonFree( )Certification is a transparent, meaningful label that distinguishes products that have undergone this rigorous third-party certification process.

This marks the first time that CarbonFree-certified LCD TV, LCD monitor, refrigerator, clothes washer, LED lamp or solar panel products will be available to the public, according to Carbonfund.org Foundation President Eric Carlson. In addition to the LG CarbonFree certification, the LG TV, monitor, washing machine and refrigerator also will be ENERGY STAR® qualified.

"As part of our goal to become the most sustainable consumer products company in the world, LG is thrilled to partner with Carbonfund.org in this groundbreaking effort," said Wayne Park, President and CEO of LG Electronics USA. "Achieving the CarbonFree label for these products both validates the efforts we have made to reduce our carbon footprint and provides consumers important information they can trust."

The LCAs were completed under the internationally recognized PAS 2050 methodology with assistance from Konkuk University, which means the cradle-to-grave analysis of the products' carbon footprints adheres to global standards for reducing environmental impact.

"Carbonfund.org Foundation applauds LG Electronics' commitment to making and promoting carbon neutral products and following rigorous third-party standards," said Carlson. "LG's environmental leadership is further proof that what's good for the environment is also good business."

Representatives from LG visited Carbonfund.org in Washington to sign the partnership agreement and celebrate the collaboration. CarbonFree®( )products represent the next step in LG's already robust environmental commitment both as a company and provider of energy-efficient products and services, including a wide range of ENERGY STAR® appliances and electronics products.

About LG Electronics USA

LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances, commercial displays, air conditioning systems and solar energy solutions, all under LG's "Life's Good" marketing theme. For more information, please visit www.lg.com.

About the Carbonfund.org Foundation

Carbonfund.org is the leading nonprofit carbon reduction and climate solutions organization, making it easy and affordable for individuals, businesses and organizations to reduce their climate impact by supporting third-party validated renewable energy, energy efficiency and forestry projects. Carbonfund.org has more than 600,000 individual supporters and has worked with over 1,800 business and nonprofit partners. For more information, visit www.carbonfund.org.

SOURCE LG Electronics USA, Inc.