LG Display, National Institute of Ecology to Restore 'Crane Habitat' in Paju DMZ

MOU to Conserve Biodiversity
Responding to Nature-Related Disclosure Requirements

LG Display is joining forces with the National Institute of Ecology to conserve ecosystems and restore habitats for endangered birds in the Civilian Control Line (CCL) area of the Demilitarized Zone (DMZ), near its Paju site.

LG Display Technology Committee member Choi Hyogil (left) and Lee Janghun, head of the Management and Safety Division at the National Institute of Ecology, pose for a commemorative photo after signing an MOU to conserve and restore ecosystems near LG Display facilities and respond to Taskforce on Nature-related Financial Disclosures (TNFD) requirements. LG Display

LG Display said on November 3 that it had signed a memorandum of understanding (MOU) with the National Institute of Ecology, which is affiliated with the Ministry of Climate, Energy and Environment, to conserve and restore ecosystems near its site and respond to Taskforce on Nature-related Financial Disclosures (TNFD) requirements.

Under the agreement, the two organizations will work together to share ecological information and provide education and advice for TNFD assessments, as well as to identify and carry out projects to conserve and restore ecosystems near the site. Key tasks identified through the assessments will be incorporated into ecosystem protection activities, while data and results accumulated through this process will be transparently disclosed in sustainability reports.

The TNFD is a framework for systematically identifying and communicating to the market not only the effects of corporate activities on the natural environment and biodiversity, but also the risks and opportunities that changes in natural ecosystems may pose to companies' financial positions. It has gained international traction through the Taskforce on Nature-related Financial Disclosures, launched in 2021.

LG Display plans to help restore populations of endangered species by creating and managing habitats for red-crowned cranes and white-naped cranes, both of which are endangered, within the CCL area of the DMZ adjacent to its Paju site. In addition, drawing on the National Institute of Ecology's expertise, the company will systematically manage environmental information that forms the basis for disclosures and develop specific biodiversity conservation activities around its site.

LG Display is also actively using artificial intelligence transformation (AX) to improve the environmental sustainability of its internal manufacturing processes. The company has integrated AX into life cycle assessment (LCA), which measures the environmental sustainability of a product throughout its life cycle, from raw materials and manufacturing to transportation, use, and disposal. It has systematized the management of data used to calculate product carbon emissions and enabled carbon emissions to be automatically calculated and summarized for each stage of a product's life cycle.

Kim Seonghee, LG Display's Chief Safety and Environment Officer (CSEO), said, "Biodiversity conservation is an important task for companies seeking sustainable growth. Through our cooperation with the National Institute of Ecology, we will systematically assess the impact of corporate activities on nature and pursue environmental management that contributes to conserving local ecosystems."

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