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[Home Entertainment] Press Release
LG DRIVES TV ENERGY EFFICIENCY
4/4/2023
ENGLEWOOD CLIFFS, N.J., April 3, 2023 – ENERGY STAR® Partner of the Year LG Electronics (LG) ushered in Earth Month as a signatory to the landmark voluntary agreement – spearheaded by the Consumer Technology Association (CTA®), the Natural Resources Defense Council (NRDC) and the American Council for an Energy-Efficient Economy (ACEEE) – that will significantly improve the energy efficiency of TVs sold in the United States and Canada.
This historic agreement will take TV energy efficiency to the next level, “helping American consumers save money while taking climate action,” according to Thomas Yoon, CEO of LG Electronics North America. “LG is proud to fight climate change through energy efficiency,” he said.
Applauding LG’s commitment to driving TV energy efficiency, CTA President and CEO Gary Shapiro said the agreement “shows how a voluntary, cooperative approach can drive energy savings and carbon emissions reduction while protecting innovation and competition.”
Under the agreement, LG and other signatories, including ACEEE and NRDC, agreed to:
- Ensure that at least 90 percent of TVs sold in the U.S. and Canada by 2026 will have a standby-mode power usage of no more than 2.0 watts,
- Develop additional on-mode power usage commitments within a year,
- Retain an independent auditor to oversee and confirm the accuracy of third-party lab testing and manufacturer-submitted confidential sales data, and
- Publicly disclose energy efficiency information.
According to CTA, the first phase of agreement will result in savings of an estimated 58 terawatt-hours once fully realized, with consumers saving more than $2.4 billion annually and avoiding more than 10 million metric tons of CO2 emissions per year. These savings should further increase under a second phase of the program that the parties committed to develop in the coming year.
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About LG Electronics USA
Ten-time ENERGY STAR® Partner of the Year LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $68 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow. www.LG.com.
Media Contacts:
LG Electronics USA
John I. Taylor Chris De Maria
+1 202 719 3490 +1 908 548 4515
john.taylor@lge.com christopher.demaria@lge.com