Lg U Plus
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Lg U Plus's score of 48 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lg U Plus's reported carbon emissions
In 2023, LG U Plus reported total carbon emissions of approximately 1,475,232,000 kg CO2e, comprising 7,787,000 kg CO2e from Scope 1, 1,467,445,000 kg CO2e from Scope 2, and 560,417,000 kg CO2e from Scope 3 emissions. This represents a slight increase in emissions from 2022, where total emissions were about 1,453,517,000 kg CO2e, with Scope 1 at 7,472,000 kg CO2e, Scope 2 at 1,446,045,000 kg CO2e, and Scope 3 at 621,579,000 kg CO2e. LG U Plus has set ambitious reduction targets, aiming for a 54.6% reduction in absolute Scope 1 and 2 GHG emissions by 2033 from a 2022 base year. Additionally, the company commits to a 32.5% reduction in absolute Scope 3 emissions by 2033 from a 2023 base year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. The company previously aimed to reduce carbon emissions by 150,000 tonnes by 2020 compared to a 2008 baseline, achieving a cumulative reduction of 1 million tonnes. Furthermore, LG U Plus plans to cut its carbon emissions from 1,930,000 tonnes in 2017 to 960,000 tonnes by 2030, representing a 50% reduction. Overall, LG U Plus is actively working towards significant emissions reductions while adhering to industry standards for climate commitments.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
