Lg U Plus Sustainability Profile
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 72 is higher than 81% 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 2024, LG U Plus reported total carbon emissions of approximately 1,507,000,000 kg CO2e, comprising 6,947,000 kg CO2e from Scope 1, 1,299,354,000 kg CO2e from Scope 2, and 504,370,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in emissions from 2023, where total emissions were approximately 1,516,000,000 kg CO2e, with Scope 1 at 7,787,000 kg CO2e, Scope 2 at 1,364,996,000 kg CO2e, and Scope 3 at 560,417,000 kg CO2e. LG U Plus has set ambitious climate commitments, aiming for a 54.6% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2033 from a 2022 baseline. Additionally, the company targets a 32.5% reduction in absolute Scope 3 emissions by 2033 from a 2023 baseline. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. The company also has a near-term goal to reduce its greenhouse gas emissions by 38% by 2030, with a long-term vision of achieving net-zero emissions by 2050. These commitments reflect LG U Plus's proactive approach to addressing climate change and reducing its carbon footprint in the telecommunications sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 8,259,000 | 0,000,000 | 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 | 0,000,000,000 |
| Scope 3 | 81,010,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Lg U Plus's Scope 3 Categories Breakdown
Lg U Plus's Scope 3 emissions, which decreased by 10% last year and increased by approximately 523% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 28% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 36% of Scope 3 emissions.
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Lg U Plus's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lg U Plus has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Lg U Plus's sustainability data and climate commitments