LG Energy Solution’s reported scale spans consolidated financial performance, a global workforce, research and development, and environmental inventories. The figures below identify the population, geography, period and measurement type so that accounting measures, ESG data, survey results and forecasts are not confused.
Key LG Energy Solution Statistics
The most broadly useful figures in the available record are:
- In fiscal 2024, LG Energy Solution consolidated sales were KRW 25,619,585 million for the consolidated group.
- In fiscal 2023, consolidated sales were KRW 33,745,470 million for LG Energy Solution’s consolidated group.
- In fiscal 2022, consolidated sales were KRW 25,598,609 million for the consolidated group.
- In fiscal 2024, operating profit was KRW 575,387 million for the consolidated group.
- In fiscal 2024 versus 2023, revenue declined 24.1% on the company-reported comparison.
- In fiscal 2024 versus 2023, operating profit declined 73.4% on the company-reported comparison.
- At 2024 year-end, the global workforce numbered 32,071 permanent plus fixed-term employees under the company’s ESG boundary.
- At 2024 year-end, Korea employed 11,760 people in the permanent-plus-fixed-term workforce.
- At 2024 year-end, operations outside Korea employed 20,311 people in the same workforce category.
- In 2024, R&D employees numbered 4,527 under the company’s R&D webpage definition.
- In 2024, the voluntary turnover rate was 5.3% for the global workforce under the company definition.
- In 2024, global water consumption was 8,297,000 tonnes within the ESG water-consumption boundary.
- In 2024, global water intake was 10,922,896 tonnes within the ESG water-intake boundary.
- In 2024, wastewater discharge was 1,234,049 tonnes across global operations.
- In 2024, volatile organic compound emissions were 224,253 kg in the global ESG air-emissions inventory.
- In 2024, employee satisfaction was 77% among employees covered by the company’s internal survey.
- In the outlook issued in January 2025, management guided for 5–10% consolidated revenue growth in 2025, a forecast rather than an observed result.
Contents
- LG Energy Solution revenue and operating-profit statistics
- LG Energy Solution workforce and geographic employment data
- LG Energy Solution R&D and employee composition statistics
- LG Energy Solution water-use and wastewater data
- LG Energy Solution air-emissions trends
- LG Energy Solution workforce experience and outlook metrics
LG Energy Solution Revenue and Operating-Profit Statistics
The annual figures are consolidated accounting measures, not battery-unit sales or shipment counts. The comparison covers fiscal years 2022 through 2024 for the LG Energy Solution consolidated group.
| Fiscal period | Consolidated sales | Operating profit |
|---|---|---|
| 2022 | KRW 25,598,609 million | KRW 1,213,719 million |
| 2023 | KRW 33,745,470 million | KRW 2,163,234 million |
| 2024 | KRW 25,619,585 million | KRW 575,387 million |
Source: LG Energy Solution ESG Report 2024. These are annual-report accounting measures.
The company reported that 2024 revenue declined 24.1% year over year, while operating profit declined 73.4% year over year, both comparing 2024 with 2023. These percentages are company-reported comparisons rather than calculations made from rounded values in this article.
The quarterly record shows a different period and granularity:
- Fourth-quarter 2024 sales were KRW 6,451.2 billion for the consolidated group.
- Fourth-quarter 2024 operating loss was KRW 225.5 billion for the consolidated group.
- The Q4 2024 operating-profit figure included KRW 377.3 billion of IRA tax credit; this is a reported tax-credit contribution, not underlying operating profit.
- Q2 2025 revenue was KRW 5,565.4 billion, which the company reported as 9.7% below Q2 2024.
- Q2 2025 operating profit was KRW 492.2 billion, which the company reported as 152.0% above Q2 2024.
Sources: LG Energy Solution 2024 annual earnings release and LG Energy Solution 2025 second-quarter earnings release. Quarterly and annual accounting measures should not be treated as the same reporting period.
LG Energy Solution Workforce and Geographic Employment Data
The company’s ESG workforce series uses stated categories and boundaries. Total employees fell from 35,418 in 2023 to 32,071 permanent plus fixed-term employees at 2024 year-end; the 2022 total was 34,566 employees.
| 2024 workforce measure | People | Definition or geography |
|---|---|---|
| Total | 32,071 | Permanent plus fixed-term, global ESG boundary |
| Permanent | 28,589 | Global workforce |
| Fixed-term | 3,482 | Global workforce |
| Korea | 11,760 | Permanent plus fixed-term |
| Outside Korea | 20,311 | Global excluding Korea |
Source: LG Energy Solution ESG Report 2024. The 2024 permanent-employee ratio was 89.1%, and the fixed-term employee ratio was 10.9%, using company-defined employee categories.
The country figures below are permanent employees only, so they should not be added directly to the Korea and outside-Korea totals, which include both employee types.
- China had 9,022 permanent employees at 2024 year-end.
- Poland had 4,093 permanent employees at 2024 year-end.
- The United States had 3,126 permanent employees at 2024 year-end.
This distinction matters because the workforce table contains both a broad global headcount and narrower country observations. The geography is explicit in each measure, while the report-specific ESG boundary determines who is counted.
LG Energy Solution R&D and Employee Composition Statistics
R&D counts rose across the company’s 2022–2024 series. The official R&D webpage reports 3,923 R&D employees in 2022, 4,067 in 2023 and 4,527 in 2024.
Source: R&D Status | LG Energy Solution. This is the company R&D webpage definition.
The ESG report presents a separate R&D category for 2024. It records 4,218 permanent employees in R&D departments, including 3,157 male R&D employees and 1,061 female R&D employees.
Source: LG Energy Solution ESG Report 2024. The ESG table’s category differs from the R&D webpage definition, so the two 2024 counts are retained as separate measures rather than treated as duplicates.
The same ESG employee-composition table reports 1,299 employees in sales-related departments with titled positions and 12,502 employees in sales-related departments without titled positions. The latter is described in the table as non-employees with titled position, so the company’s category wording should be preserved when using the figure.
The company-reported voluntary turnover rate was 5.3% globally in 2024. The Korea rate was 2.1%, while the global-excluding-Korea rate was 7.2%; all three are company-defined voluntary turnover rates for their stated workforce populations.
LG Energy Solution Water-Use and Wastewater Data
The 2024 water figures describe global operations under report-specific ESG boundaries. Water consumption and water intake are different measures, and wastewater, treatment volume and sewage discharge are separately reported.
| 2024 water measure | Tonnes | Geography or boundary |
|---|---|---|
| Water consumption | 8,297,000 | Global operations |
| Water intake | 10,922,896 | Global operations |
| Wastewater discharge | 1,234,049 | Global operations |
| Wastewater treatment volume | 1,234,049 | Global operations |
| Sewage discharge | 1,391,848 | Global operations |
Source: LG Energy Solution ESG Report 2024. These are company-reported ESG measures with report-specific boundaries and units.
The geographic water-consumption record separates Korea from operations outside Korea:
- Korea accounted for 1,406,267 tonnes of water consumption in 2024.
- Operations outside Korea consumed 6,890,733 tonnes in 2024.
Water intake was reported as 1,880,668 tonnes at Korean sites and 9,042,228 tonnes at non-Korean sites. Both were reported as third-party tap-water sources, and intake should not be substituted for consumption when describing the environmental measure.
LG Energy Solution Air-Emissions Trends and 2024 Inventory
The available emissions data is a 2024 global-operations inventory, not a multi-year trend series. Each pollutant uses kilograms and should be read as a separate reported category.
| Pollutant | 2024 emissions | Unit and geography |
|---|---|---|
| Volatile organic compounds | 224,253 | kg, global operations |
| Nitrogen oxides | 99,206 | kg, global operations |
| Particulate matter | 11,000 | kg, global operations |
| Sulfur oxides | 7,289 | kg, global operations |
| Hazardous air pollutants | 99 | kg, global operations |
Source: LG Energy Solution ESG Report 2024. This is an ESG air-emissions inventory with the report’s stated boundary.
The inventory places volatile organic compounds at 224,253 kg, nitrogen oxides at 99,206 kg and particulate matter at 11,000 kg. Sulfur oxides were 7,289 kg, while hazardous air pollutants were 99 kg; the categories are not interchangeable and no combined total is supplied here.
LG Energy Solution Workforce Experience and Outlook Metrics
Some of the most decision-relevant measures are not accounting outcomes. They are a company survey, workforce composition observations, parental-leave counts and management guidance, so their measurement types must remain visible.
- Employee satisfaction was 77% in 2024 among employees covered by the company’s internal survey; it is not a population-wide measure.
- Female representation in executive management was 3.1% in 2024 under the company’s defined position category.
- Female representation in junior management positions was 18.9% in 2024 under the company’s defined position category.
- Employees on parental leave numbered 930 in 2024 within the company’s ESG reporting population.
- Employees returning to work after parental leave numbered 666 in 2024; this is a reported return count, not a return rate.
Source: LG Energy Solution ESG Report 2024.
The company’s January 2025 outlook guided for 5–10% year-over-year consolidated revenue growth in 2025. This is management guidance, not an observed outcome, and it applies to the consolidated group.
The same outlook said 2025 investment would be 20–30% below 2024 investment. That figure is a management plan rather than realized investment, so it should be treated as a forecast change and not as a completed reduction.
Source: LG Energy Solution 2024 annual earnings release.