LG Uplus Corporation, commonly referred to as LG U Plus, is a leading telecommunications provider headquartered in Seoul, South Korea. Founded in 1996, the company has established itself as a key player in the South Korean telecom industry, offering a wide range of services including mobile, broadband, and IPTV solutions. With a strong focus on innovation, LG U Plus has been at the forefront of 5G technology deployment, enhancing connectivity for both consumers and businesses. The company’s unique offerings, such as its advanced IoT solutions and high-speed internet services, set it apart in a competitive market. Recognised for its commitment to quality and customer satisfaction, LG U Plus continues to achieve significant milestones, solidifying its position as a trusted name in telecommunications across South Korea and beyond.
How does Lg U Plus's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Telecommunications Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Lg U Plus's score of 45 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LG U Plus reported total carbon emissions of approximately 1,474,000 kg CO2e from Scope 1 and Scope 2 sources combined, with Scope 1 emissions at about 7,787,000 kg CO2e and Scope 2 emissions at approximately 1,467,445,000 kg CO2e. The company also disclosed significant Scope 3 emissions, totalling around 560,417,000 kg CO2e, which includes emissions from various categories such as franchises, capital goods, and the use of sold products. Over the past few years, LG U Plus has shown a trend of decreasing emissions in Scope 1 and Scope 2. For instance, in 2022, the total emissions from these scopes were about 1,453,517,000 kg CO2e, down from approximately 1,398,814,000 kg CO2e in 2021. This indicates a commitment to reducing their carbon footprint. While LG U Plus has not set a net-zero target, they are committed to near-term emissions reduction initiatives. The company is actively engaged in climate commitments, as evidenced by their participation in the Science Based Targets initiative (SBTi), where they have made near-term reduction commitments. However, specific reduction targets have not been disclosed. Overall, LG U Plus is making strides in managing its carbon emissions, aligning with industry standards for climate action within the telecommunications sector in South Korea.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 8,259,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 1,284,506,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 81,010,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lg U Plus is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.