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OrganisationsNaver
Naver logo

Naver

Business ServicesSouth KoreaCRYPTO: SOONUSD
Last verified 9 months agonaver.com

Naver Corporation, commonly known as Naver, is a leading player in the Other Business Services sector, headquartered in Seongnam, South Korea. Founded in 1999, Naver has evolved into a comprehensive digital platform, primarily known for its search engine, online advertising, and content services.

With a strong presence in South Korea and expanding operations in various international markets, Naver distinguishes itself through innovative offerings such as Naver Pay and Naver Webtoon, which cater to diverse consumer needs. The company has achieved significant milestones, including the launch of its own cloud services and advancements in artificial intelligence.

Naver's commitment to enhancing user experience and its robust market position make it a notable entity in the digital landscape, continually shaping the future of online services.

44
DitchCarbon score

+11 vs industry average

Naver’s score of 44 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Business Services has below-average carbon intensity

Industry performance

0.146
20182025

The Business Services industry has reduced its overall emissions by 25% since 2018

Emissions trajectory 2020 – 2027

000.0M000M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Naver's reported carbon emissions

Naver Carbon Emissions and Climate Commitments (2017-2024)

In its latest disclosed data for 2024, Naver, an "Other business services (74)" company headquartered in "KR", reported total global emissions of approximately 440,595,000 kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

Delving deeper into the emissions breakdown for 2024:

  • Scope 1 emissions accounted for approximately 1,943,000 kg CO2e.
  • Scope 2 emissions totalled approximately 124,131,000 kg CO2e.
  • Scope 3 emissions were the largest contributor, amounting to approximately 314,544,000 kg CO2e. Within Scope 3, the most significant categories were upstream leased assets (approximately 189,943,000 kg CO2e) and purchased goods and services (approximately 93,271,000 kg CO2e).

Examining previous years, Naver's total emissions have shown fluctuations:

  • In 2023, total emissions were approximately 342,782,000 kg CO2e.
  • In 2022, total emissions were approximately 296,699,000 kg CO2e.
  • In 2021, total emissions were approximately 271,051,000 kg CO2e (sum of Scope 1, 2, and 3 disclosed categories).
  • For 2020, Scope 1 and 2 emissions were approximately 79,907,000 kg CO2e, with Scope 3 data not disclosed.
  • For 2019, Scope 1 and 2 emissions were approximately 78,712,000 kg CO2e, with Scope 3 data not disclosed.
  • For 2018, Scope 1 and 2 emissions were approximately 72,416,000 kg CO2e, with Scope 3 data not disclosed.
  • For 2017, Scope 1 and 2 emissions were approximately 57,080,000 kg CO2e, with Scope 3 data not disclosed.

Climate Commitments and Reduction Targets:

Naver has set ambitious climate targets. Specifically, the company aims for a 60% reduction in its Scope 1 and 2 emissions by 2030, compared to business-as-usual (BAU) scenarios, based on 2021 levels. This commitment underscores Naver's dedication to mitigating its climate impact.

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Naver’s Climate Goals (2030 & 2050)

2 goals

2030

60% reduction in Scope 1

Compared to expected GHG emissions (Scope 1 & 2) based on the BAU, NAVER aims for a 60% reduction.

Behind target60%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

11 of 15 categories disclosed
Upstream Leased Assets60%
Purchased Goods & Services30%
Fuel & Energy Activities6%
Use of Sold Products3%
Employee Commuting1%
Business Travel0%
Downstream Leased Assets0%
Waste Generated in Operations0%
Upstream Leased Assets60%
Purchased Goods & Services30%
Fuel & Energy Activities6%
Use of Sold Products3%
Employee Commuting1%
Business Travel0%
Downstream Leased Assets0%
Waste Generated in Operations0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

2040 targetSee details
Active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Naver logoNaver
KRBusiness Services
9 months ago
44
Microsoft logoMicrosoft
USComputer Services
2 days ago
94
View
Rakuten logoRakuten
JPInternet Publishing and Broadcasting and Web Search Portals
2 days ago
93
View
Alphabet logoAlphabet
USComputer Services
2 days ago
91
View
Tencent logoTencent
CNCommunication Equipment Manufacturing
6 days ago
86
View
Meta Platforms, Inc. logoMeta Platforms, Inc.
USComputer Services
7 days ago
84
View
Softbank logoSoftbank
JPFinancial Intermediation
3 days ago
71
View

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Ditchcarbonv260716.3
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