Manal Saleh 

 

LG Highlights How Sustainable Strategies Drive Financial and Operational Performance as It Accelerates Green Commitments Across the Kingdom

 

 

News Summary:

•        On the occasion of World Sustainability Day on October 28, LG Electronics KSA reaffirms its commitment to environmental stewardship in direct alignment with Saudi Vision 2030 and the Saudi Green Initiative (SGI)

•        Recent research highlighted by Harvard Business Review and NYU Stern demonstrates that sustainability strategies—spanning circularity, decarbonization, sustainable sourcing, and employee well-being—deliver measurable gains in profitability, resilience, and growth.

•        LG continues to lead best practices in the local market by embedding energy efficiency, sustainable supply chain operations, and community afforestation partnerships across the Kingdom.

 

Riyadh, Saudi Arabia, Oct. 29, 2026 — As the global community marks World Sustainability Day on October 28, LG Electronics Saudi Arabia reaffirmed its commitment to advancing environmental sustainability across its operations and product portfolio, directly supporting the strategic objectives of Saudi Vision 2030 and the Saudi Green Initiative (SGI). Sustainability sits at the very heart of Saudi Arabia’s national transformation journey, establishing world-class benchmarks for environmental governance, renewable energy integration, and circular economy practices. LG Electronics KSA continues to align its local market strategies with these national goals, ensuring that cutting-edge technology and environmental responsibility go hand in hand.

 

The Strong Business Case for Sustainability

The strategic importance of embedding sustainability into corporate strategy is underscored in a recent article published by Harvard Business Review, which demonstrates that sustainability initiatives deliver measurable, long-term financial performance. According to research highlighted by HBR, including findings from the Boston Consulting Group (BCG) and the ESG Data Convergence Initiative (EDCI), companies continue to unlock substantial value through sustainability strategies that lower costs, reduce risk, strengthen supply chains, improve productivity, and generate revenue, with private equity firms reporting EBITDA increases of 4% to 7% over the lifetime of an investment. Furthermore, research utilizing the Return on Sustainability Investment (ROSI™) methodology from NYU Stern’s Center for Sustainable Business (CSB) suggests that the clearest opportunities fall into four core drivers of financial value: circularity through resource reuse and lifecycle management, decarbonization through energy efficiency and low-carbon operations, sustainable sourcing through resilient supply chains, and employee well-being through frontline workforce engagement.

 

Leading Best Practices in the Saudi Market

In Saudi Arabia, LG Electronics leads by example by embedding these exact sustainability principles into its consumer products, commercial solutions, and supply chain operations. From ultra-efficient Inverter technology in home appliances and HVAC systems to eco-conscious packaging and localized green partnerships—such as recent community afforestation efforts aligned with Green Riyadh—LG continues to demonstrate how corporate leadership can drive meaningful local impact.

 

Executive Leadership Perspective

“As Saudi Arabia marches toward its ambitious Vision 2030 targets under the leadership of the Saudi Green Initiative, LG Electronics is proud to play an active role in shaping a greener, more resilient future,” said Mr. Jungho (Sunny) Kim, Managing Director at LG Electronics Saudi Arabia. “On World Sustainability Day, we reaffirm that sustainability is not merely a corporate responsibility, but a fundamental driver of innovation and value creation. By embedding energy efficiency, circularity, and environmental stewardship into everything we do, LG continues to deliver products that enrich lives while protecting the planet for generations to come.”

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About LG Electronics, Inc. 

LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG’s four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and Eco Solution – combined for global revenue of over KRW 89 trillion in 2025. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LG.com/global/newsroom/ for the latest news.