[Edaily Reporter JAEMIN SONG ] LG Innotek has been named the “Top Company for Shared Growth” for the 10th consecutive year in recognition of its achievements in shared growth management, including financial support for business partners, production innovation, and artificial intelligence (AI) training.

LG Innotek announced on the 11th that it had earned the “Top” rating in the “2025 Shared Growth Index Evaluation” released by the Shared Growth Committee. The company has maintained the highest rating for 10 consecutive years, starting with the 2016 evaluation.

The Shared Growth Index is a metric developed by the Shared Growth Committee to evaluate and quantify a company’s efforts toward mutual prosperity with its business partners and its level of shared growth. Based on the evaluation results, companies are assigned one of five grades: “Excellent,” “Good,” “Average,” “Insufficient,” or “Very Insufficient.”

LG Innotek has expanded its support for business partners—which had previously focused on finance and production innovation—to include the establishment of smart factories, environmental, social, and governance (ESG) management, and on-site specialized training. Recently, the company has broadened its support to include AI, industrial safety, and technology protection, helping business partners achieve sustainable growth and secure future competitiveness.

A prime example of its financial support is the 143 billion won Shared Growth Fund. Established in 2010, this fund provides working capital to suppliers at interest rates lower than those offered by commercial banks. To date, a total of 130 suppliers have received 304 billion won in support.

The company is also concurrently working to improve production sites. It supports partner companies struggling with factory automation by helping them build smart factories and shares the production technology know-how accumulated by LG Innotek through the “Partner Company Capacity-Building Training Center.” Since last year, the company has added AI training to help employees of partner companies apply these technologies to their actual work and production sites.

This year, the company has strengthened its efforts in industrial safety and technology protection. To help partner companies establish occupational safety and health management systems, it has organized specialized training for risk assessment officers and has begun providing comprehensive health screenings for employees of partner companies and local small and medium-sized enterprises.

A new system to protect partners’ core technologies and trade secrets has also been established. In conjunction with the government’s technology protection support programs, LG Innotek assists partners in establishing systems to prevent technology leaks and participating in technology protection voucher programs, while also providing related consulting services and helping to establish management systems. The aim is to protect individual partners’ technologies while simultaneously reducing the risk of technology leaks across the entire supply chain.

In the ESG arena, the company provides certification and consulting services to help partners meet the demands of global customers and comply with supply chain regulations. This year, it introduced a program to support the acquisition of Occupational Health and Safety Management System (ISO 45001) certification, helping five partner companies obtain certification.

LG Innotek also operates the “Shared Growth Camp” annually to listen to feedback from partner companies on the ground, as well as the “Shared Growth Academy,” which provides information necessary for navigating changes in the business environment. The Academy covers topics such as global economic and market trends, carbon neutrality in the supply chain, and the transition to artificial intelligence (AX).

Moon Hyuk-soo, President of LG Innotek, stated, “Being selected as the top company for 10 consecutive years is the result of our efforts to enhance competitiveness and achieve shared growth through close collaboration with our suppliers.” He added, “We will take the lead in creating a healthy industrial ecosystem and a virtuous cycle by strengthening our win-win management practices that provide tangible benefits to our suppliers.”