Sun. Jan 29th, 2023

Award’s Remaining 4 Groups Joined by Famend ESG Students and Firm’s Executives at LIFE’S GOOD AWARD Convention in South Korea

SEOUL, South Korea, Jan. 16, 2023 /PRNewswire/ — LG Electronics (LG) has introduced the ultimate winner of its LIFE’S GOOD AWARD, supporting world innovators taking over challenges to assist create a Higher Life for All. The Grand Prix was awarded to Dot Inc. from South Korea.

LIFE’S GOOD AWARD WInners

The jury ranked the ultimate 4 groups after every of the groups pitched their progressive options within the award’s ultimate spherical, held in the course of the LIFE’S GOOD AWARD Convention at LG Sciencepark in Seoul, Korea, on January 16. LG’s personal executives main the corporate’s ESG administration, CSO Lee Sam-soo and CTO Dr. Kim Byoung-hoon, have been current as effectively.

The award embodies LG’s ESG imaginative and prescient of a Higher Life for All, aiming to foster a brighter future for the planet and folks. The corporate aimed to solicit concepts for environmental sustainability and accessibility, two key focuses of its long-term ESG initiative, the Higher Life Plan 2030. The ingenious options offered by the 4 winners illustrate the ability and potential of tech-for-good to unfold optimistic influence on the world.

The successful groups are: Dot Inc. of South Korea (Grand Prix/USD 700,000 in prize cash); SOLUTUM of Israel (Gold/USD 200,000); Day1Lab of South Korea (Silver/USD 100,000); and NONA Applied sciences of the USA (Bronze/USD 50,000).

LIFE’S GOOD AWARD Profitable Options

Dot Inc.: developed an assistive info show gadget for the visually impaired composed of two,400 braille pins – or ‘dots’ – which transfer up and down. ­­The novel gadget converts photographs, maps and different numerous digital info from linked units reminiscent of computer systems and cell phones right into a show for visually impaired customers to understand.
SOLUTUM: developed a novel plastic materials that dissolves in water at ambient temperature after which biodegrades leaving no microplastic or toxin residue.
Day1Lab: created an natural polymer plastic which utterly biodegrades in freshwater after about two weeks, and within the earth after about two months.
NONA Applied sciences: developed a desalination resolution leveraging Ion Focus Polarization (ICP) to take away viruses, micro organism, salt and particles from water.

Together with the ultimate 4 groups, the LIFE’S GOOD AWARD Convention was graced by the esteemed members of the award’s jury, the LG’s Life’s Good Committee, consisting of the corporate’s executives and revered students within the space of accountable enterprise administration; Alex Edmans, a professor at London Enterprise College, Christopher Marquis, a professor at Cambridge Choose Enterprise College and Hyun S. Shin, a professor at Hanyang Enterprise College and a director of the Collective Influence Heart at Hanyang College.

The convention noticed varied attendees – together with members of the general public and native college college students in addition to LG workers and companions – and was livestreamed in order that audiences from throughout the globe might tune into the proceedings. Through the morning, all 4 groups gave a ultimate presentation and took part in a Q&A session, whereas the jury supplied suggestions based mostly on the influence, innovation and sustainability of every resolution. The afternoon featured an awards ceremony honoring the 4 groups and asserting their ultimate placings, in addition to particular lectures delivered by Professor Edmans, Professor Marquis and Professor Shin.

“We’ll proceed to pursue options aiding the visually impaired, and due to LG’s assist, we can obtain this at a better scale and in much less time than we in any other case would have,” mentioned Ahrum Choi of Dot Inc., Grand Prix winner of the LIFE’S GOOD AWARD. “We’re so grateful for this expertise and are wanting ahead to collaborating with LG sooner or later, an organization that actually shares our need to make the world a greater place.”

“We’ll proceed to collaborate with like-minded innovators as we forge forward on a shared journey to create a sustainable future for all, embracing the corporate’s Life’s Good imaginative and prescient.” mentioned Lee Sam-soo, Chief Technique Officer at LG Electronics.

In the meantime, LG will perform ESG efforts spearheaded by the Higher Life Plan 2030 and proceed to share the initiative with inner workers and exterior stakeholders, in an effort to bolster the corporate’s sustainable enterprise practices.

For all the newest on LG’s ongoing efforts to appreciate a Higher Life for All, keep tuned to LG Newsroom.

About LG Electronics, Inc.

LG Electronics is a worldwide innovator in expertise and client electronics with a presence in virtually each nation and a global workforce of greater than 75,000. LG’s 4 corporations – Residence Equipment & Air Resolution, Residence Leisure, Automobile element Options and Enterprise Options – mixed for world gross sales of over USD 63 billion in 2021. LG is a number one producer of client and industrial merchandise starting from TVs, house home equipment, air options, screens, service robots, automotive elements and its premium LG SIGNATURE and clever LG ThinQ manufacturers are acquainted names world over. Go to www.LGnewsroom.com for the newest information.

SOURCE LG Electronics

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