Naver Corp

Common Name
Naver
Country
South Korea
Sector
Communication Services
Industry
Internet Content & Information
Employees
4,390
Ticker
035420
Exchange
KOREA EXCHANGE
Description
Naver Corporation operates as a leading South Korean internet services company, primarily offering business platform solutions such as general search engines, online shopping portals, and cloud comput...

Naver Energy Data Preview

In 2023, Naver disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Naver also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Naver also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Naver also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Naver's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Insights into Naver's Energy Renewability

In 2023, Naver consumed a total of 766,778.4 Gigajoules of energy across its operations. Of this total, 3.14% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 96.86% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Naver's Energy Renewability Rate

3%

How much of Naver's energy consumed is renewable?

In 2023, Naver consumed a total of 766,778.4 Gigajoules of energy, of which 3.14% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Naver has considerable room to improve its energy sustainability strategy.

Are Naver's energy practices becoming more sustainable?

Since 2021, Naver's total energy consumption increased by 20.08%, including a 5.33% increase in 2023, reflecting a sustained rise in overall energy demand. a

Over the same period, the share of renewable energy in Naver's consumption increased by 191.02%, including a 15.49% increase in 2023, showing consistent progress in clean energy adoption. a

Overall, Naver has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

Naver's Renewable vs Non-renewable Energy Over Time

817.02 k367.02 k82.98 k817.02 kGigajoules (GJ)20212022202399%97%97%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Naver's Energy Consumption & Production Mix

In 2023, Naver disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Naver's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Naver's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(90.9%)

What are the main sources and generation technologies behind Naver's energy consumption?

In 2023, Naver's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (90.91%)
  • Steam (Unspecified Source) (2.61%)
  • Liquefied Natural Gas (LNG) (2.33%)

How diverse is Naver’s energy consumption mix?

In 2023, Naver consumed energy from 7 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 90.91% of total consumption. a

Verified Sources Behind Naver’s Energy Management Data

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