Naver Sustainability Profile
Naver Corporation, commonly known as Naver, is a leading South Korean internet company headquartered in Seongnam, South Korea. Founded in 1999, Naver has established itself as a dominant player in the online search engine and digital content industry, primarily serving the South Korean market while expanding its influence across Asia. Naver's core offerings include its flagship search engine, Naver Search, and a suite of services such as Naver Blog, Naver Cafe, and Naver Pay. These platforms are distinguished by their user-friendly interfaces and integration of diverse content, catering to a wide range of user needs. The company has achieved significant milestones, including the launch of its own AI-powered assistant and the development of innovative advertising solutions. With a strong market position, Naver continues to be recognised for its contributions to the digital landscape, making it a pivotal player in the evolution of online services in South Korea and beyond.
DitchCarbon Score
How does Naver'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 Business 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
Naver's score of 52 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Naver's reported carbon emissions
In 2023, Naver Corporation reported total carbon emissions of approximately 89,505,000 kg CO2e, comprising 2,048,000 kg CO2e from Scope 1, 87,459,000 kg CO2e from Scope 2, and 10,320,000 kg CO2e from various Scope 3 categories, including business travel and employee commuting. This represents a significant increase in emissions compared to 2022, where total emissions were about 86,991,000 kg CO2e, with Scope 1 emissions at 893,000 kg CO2e and Scope 2 at 86,100,000 kg CO2e. Naver has set ambitious climate commitments, aiming for a 60% reduction in Scope 1 and Scope 2 emissions by 2030, compared to expected emissions based on a business-as-usual (BAU) scenario. This target reflects Naver's commitment to addressing its carbon footprint and aligns with industry standards for climate action. The company has consistently disclosed its emissions data across all relevant scopes, demonstrating transparency in its sustainability efforts. Naver's emissions data is not cascaded from any parent organisation, indicating that the figures are independently reported. Overall, Naver's climate strategy focuses on significant reductions in greenhouse gas emissions, particularly in the near term, as it works towards a more sustainable operational model.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 00,000,000 |
How Carbon Intensive is Naver's Industry?
How Carbon Intensive is Naver's Location?
Naver's Scope 3 Categories Breakdown
Naver's Scope 3 emissions, which decreased by 62% last year and decreased by approximately 63% since 2021, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 47% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 78% of Scope 3 emissions.
Top Scope 3 Categories
Naver'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.
Naver 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.
