LG Chem is among Korea's largest and the world's top 10 chemical companies, with annual revenue of $27 billion (2019). LG Chem is one of the world's largest manufacturers of batteries for electric vehicles. With strong momentum in the electric vehicle market, the company's top priority is sustainability. In July 2020, LG Chem made a public commitment to carbon-neutral growth until 2040. Its objective is to cement its global leadership in the battery industry in all aspects of technology, business performance and sustainability.