Environment Management
LS Industrial System (LSIS) released its second Sustainability Report on Aug. 17. Titled “Futuring Smart Energy,” the report identifies the company’s social and ethical visions such as shared growth with stakeholders, enhancement of the company’s eco-friendly profile, and integrated risk management that LSIS pursues under the banner of sustainable management, along with the company’s performances in these areas. The report also identifies six interested parties interested with whom the company aspires to meet expectations. The six stakeholders are customers, corporate partners, employees, shareholders, environmental interests and investors.
As a leader in the integrated energy management solution market, LSIS demonstrates its strong commitment to addressing climate change phenomena both by participating in government-led campaigns and constructing workplaces reflecting the efficient use of energy and conservation of the natural environment.
LSIS launched and has been operating an in-house task force team focusing on handling issues related to global warming and the destruction of the ozone layer since 2015. LSIS has voluntarily implemented regulations introduced at the Paris Agreement, a consensus by 196 countries on the global campaign to reduce climate change factors. LSIS also maintains transparency in regulating the company’s greenhouse gas (GHG) emissions. Since 2011, LSIS has followed the standardized guidelines of measuring GHG emissions and submitting GHG-related data to the Carbon Disclosure Project (CDP), an organization based in the UK, which aims to ensure that corporations incorporate effective carbon emissions reduction strategies into their business operations.
LSIS has also incorporated concepts of eco-friendly and smart energy consumption into designing the company’s work sites -- Anyang Research Institute and Cheongju Branch 2 Factory. The newly built Anyang Research Institute embodies the company’s commitment to these new concepts and values. The architecture features nine stories and three basements on 5,055.60 m2 of land, which makes 28,691.5 m2 of total floor area for the company’s future-oriented energy equipment and solutions. The R&D campus features IMW-class Electrical Energy Storage, photovoltaic generation systems, smart outlets, automatic control blinds, LED lightings, and smart meters. It also integrates the management system of all energy consumed by putting these facilities into a single network system. These technological innovations helps the Anyang Research institute reduce energy consumption by 10 percent per year, which is equivalent of 12 Ton of Equivalent (TOE) of greenhouse gases.
LSIS equips Cheongju Branch 2 factory with Gridsol, its own developed smart-grid-based total energy management solution. As a single network system, Gridsol integrates many other energy storage devices and enables monitoring of all energy consumption inside a factory in real time. It works with 1MW-class Electrical Energy Storage systems, 2MW-class solar power generation systems, a highly efficient inverter in energy consumption, LED lighting, smart meters and other eco-friendly energy solutions. An official at LSIS said, “With these technologies, the factory can reduce annual energy consumption by 21 percent and greenhouse gases by 1,024 TOEs.”
He also said that through the company’s policy of designing workplaces in an eco-friendly way, the company demonstrates that it is deeply committed to values of both substantial management and reducing climate change factors every day, apart from profit-making goals.