Naver Financial Corporation Sustainability Profile
Naver Financial Corporation, a subsidiary of the renowned Naver Corporation, is headquartered in South Korea (KR) and operates primarily within the fintech industry. Founded in 2020, the company has quickly established itself as a leader in digital payment solutions and financial services, catering to a diverse clientele across Asia. Naver Financial is best known for its innovative offerings, including the popular Naver Pay, which streamlines online transactions and enhances user experience. The company’s commitment to leveraging cutting-edge technology sets it apart in a competitive market, allowing for seamless integration with various e-commerce platforms. With a strong market position, Naver Financial has achieved significant milestones, including rapid user adoption and strategic partnerships that bolster its service portfolio. As it continues to expand its reach, Naver Financial remains at the forefront of the digital finance revolution in the region.
DitchCarbon Score
How does Naver Financial Corporation'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 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 Financial Corporation's score of 24 is lower than 100% 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 Financial Corporation, headquartered in South Korea (KR), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of NAVER Corporation, which may influence its climate commitments and initiatives. While Naver Financial Corporation has not established its own reduction targets or climate pledges, it benefits from the sustainability initiatives of its parent company, NAVER Corporation. This includes participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, both of which are aimed at enhancing corporate transparency and commitment to renewable energy. As a subsidiary, Naver Financial Corporation's climate strategy may align with NAVER Corporation's broader sustainability goals, although specific details on emissions reduction targets or achievements have not been disclosed. The absence of direct emissions data suggests that the company is in the early stages of developing its climate commitments or may rely on the overarching strategies set by its parent organisation.
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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 |
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Naver Financial Corporation's Scope 3 Categories Breakdown
Naver Financial Corporation'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.
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Naver Financial Corporation'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 Financial Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
