In 2024, LG Uplus completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
LG Uplus has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 6,947a | 7,787a | 7,472.26b | |
Total Scope 2 | ||||
Market-Based | 1,299,385a | 1,364,996a | 1,446,045a | |
Location-Based | 1,411,481a | 1,467,445a | 1,446,045a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 504,370a | 560,417a | 621,579c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.697a | 0.6923a | 0.6772b |
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In 2024, the total operational greenhouse gas (GHG) emissions of LG Uplus amounted to 1,418,428 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of LG Uplus decreased by 3.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of LG Uplus were 6,947 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, LG Uplus's Scope 1 emissions have decreased by 15.89%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), LG Uplus's Scope 1 emissions decreased by 10.79%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, LG Uplus reported Scope 2 greenhouse gas (GHG) emissions of 1,299,385 tCO₂e using the market-based method and 1,411,481 tCO₂e using the location-based method.a
Compared to the previous year (2023), LG Uplus's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that LG Uplus's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, LG Uplus reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, LG Uplus reported 504,370 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of LG Uplus includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, LG Uplus reported total Scope 3 emissions of 504,370 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 86.92% of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.08% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, LG Uplus's Scope 3 emissions have increased by 522.6%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), LG Uplus's Scope 3 emissions decreased by 10%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, LG Uplus reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to LG Uplus's Scope 3 emissions were:a
In 2024, LG Uplus reported Scope 1 greenhouse gas (GHG) emissions of 6,947 tCO₂e and total revenues of USD 9,967 millions. This translates into an emissions intensity of 0.7 tCO₂e per millions USD.a
In 2024, LG Uplus reported a Scope 1 emissions intensity of 0.7 tCO₂e per millions USD. Compared to the peer group median of 3.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, LG Uplus ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places LG Uplus among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, LG Uplus reported a total carbon footprint of 1,922,798 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.54% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to LG Uplus's total carbon footprint was Scope 2 emissions, accounting for 73.41% of the company's total carbon footprint, followed by Scope 3 emissions at 26.23%.a