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 48 is higher than 63% 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. The company has set ambitious climate commitments, aiming for a 38% reduction in greenhouse gas emissions by 2030 compared to 2022 levels, with a long-term goal of achieving net-zero emissions by 2050. Additionally, LG U Plus has established science-based targets, committing to a 54.6% reduction in absolute Scope 1 and 2 emissions by 2033 from a 2022 baseline, and a 32.5% reduction in Scope 3 emissions by 2033 from a 2023 baseline. These targets align with the necessary reductions to limit global warming to 1.5°C, as recognised by the Science Based Targets initiative (SBTi). The company’s emissions data reflects a comprehensive approach to sustainability, with detailed disclosures across all relevant scopes, indicating a commitment to transparency and accountability in its climate strategy.
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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 |
How Carbon Intensive is Lg U Plus's Industry?
How Carbon Intensive is Lg U Plus's Location?
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 592% 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 "Capital Goods" being the largest emissions source at 40% 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