LG Electronics USA was recognized by the Environmental Protection Agency (EPA) with its 2016 Gold Tier Award for recycling of keeping 67,714 tons of carbon dioxide into the earth’s atmosphere. The award was granted as part of the EPA’s Sustainable Materials Management (SMM) challenge for electronics.
"The positive environmental impact of LG's responsible recycling is equal to taking 12,209 passenger cars off the road for a year or saving enough electricity to power 8,535 U.S. homes for a year. I am proud to recognize LG, a true leader in the industry, for creating innovative ways to meld environmental responsibilities with sound business practices," said senior Obama Administration official Mathy Stanislaus, assistant administrator for EPA's Office of Land and Emergency Management.
The EPA’s SMM Electronics Challenge awards are given to companies for contributions to increasing their amount of electronics they have recycled. Under the challenge, participating companies aim to send 100 percent of their used electronics to certified third-party recyclers. Preventing the export and or dumping of megatons of electronic waste and ensuring recycling workers are not exposed to toxic materials. Participating companies also share detailed information about their electronic product management practices with the public.
"The successful practices spearheaded by LG and other Challenge Participants are inspiring examples of how other manufacturers, retailers, and brand owners throughout various industries can make their products more sustainable throughout their life cycles," said Stanislaus.
This could be big business. A report by the International Renewable Energy Agency and the International Energy Agency’s Photovoltaic Power Systems Programme showed that recycling photovoltaic panels and other equipment could be market for renewable energy. The report, End-of-Life Management: Solar Photovoltaic Panels, estimates that waste from decommissioned solar panels could total 78 million tons by 2050. That represents a projected value of $15 billion.
LG, which offers a variety of lifestyle products and more, incorporates sustainability into its mission. It offers Energy Star-certified products, as well as solar panels, for instance. It’s also a key player in the energy storage market. It’s also partnered with Sunrun to offer rooftop solar customers with BrightBox energy systems its lithium-ion RESU batteries.Tweet