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's GHG Emissions Data Preview

In 2023, Naver 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).

Naver has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Naver's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Naver amounted to 265,197.7 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Naver increased by 204.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Naver's Scope 1 Emissions Over Time

202020212022202306501.3 k1.95 k2.6 ktCO2e+128%+70%+169%
  • Total Scope 1
  • Year-over-Year Change

What are Naver's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Naver were 2,402.014 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Naver reduced its Scope 1 emissions over time?

Since 2020, Naver's Scope 1 emissions have increased by 944.35%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Naver's Scope 1 emissions increased by 168.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Naver's Scope 2 emissions?

In 2023, Naver reported Scope 2 greenhouse gas (GHG) emissions of 261,688.384 tCOâ‚‚e using the market-based method, and 262,795.686 tCOâ‚‚e using the location-based method.

Has Naver reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Naver's Scope 2 emissions (Location-Based) rose by 204.86% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Naver use for Scope 2 reporting?

In 2023, Naver reported its Scope 2 emissions using the market-based method and using the location-based method.

Naver's Scope 2 Emissions Over Time

2020202120222023070 k140 k210 k280 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Naver's Value Chain Emissions

In 2023, Naver reported 78,706.36 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Naver includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, down from 12 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Naver's Scope 3 Emissions Over Time

202120222023055 k110 k165 k220 ktCO2e-3%-62%
  • Total Scope 3
  • Year-over-Year Change

What are Naver's Scope 3 emissions?

In 2023, Naver reported total Scope 3 emissions of 78,706.36 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 61.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 38.99% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Naver's Scope 3 emissions decreased by 62.47%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Naver disclose?

In 2023, Naver reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Naver's Scope 3 emissions?

In 2023, the largest contributors to Naver's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 6,932.099 tCOâ‚‚e (39.94%)
  • Use of Sold Products (Cat. 11): 6,223.792 tCOâ‚‚e (35.86%)
  • Employee Commuting (Cat. 7): 2,288.193 tCOâ‚‚e (13.18%)

Naver's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(35.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(39.9%)Employee Commuting(Cat. 7)(13.2%)

Insights into Naver's Total Carbon Footprint

In 2023, Naver reported a total carbon footprint of 343,904.06 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.87% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Naver's total carbon footprint was Scope 2 emissions, accounting for 76.42% of the company's total carbon footprint, followed by Scope 3 emissions at 22.89%.

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