Naver Corp - ESG Rating & Company Profile powered by AI

Industry Group:IT Services & Consulting

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Naver Corp in the IT Services & Consulting industry gained a UN SDG ESG Transparency Score of 8.6; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.

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SDG Transparency Score for Naver Corp 
Low
0 - 3
Medium
4 - 6

8.6

High Impact
7 - 10
Last Score Update: 2023-01-01
What drives the score for Naver Corp 
8.0

Environmental

8.0

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Arista Networks Inc
9.0
High
1Alphabet Inc
9.0
High
4NCR Corp
8.8
High
4Carsales.Com Ltd
8.8
High
6Naver Corp
8.6
High
6Leidos Holdings Inc
8.6
High
6NetApp Inc
8.6
High
.........
706root9B Holdings Inc
0.0
Low
706transtec AG
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Naver Corp reference operational or capital allocation in relation to climate change?Yes
company-nameESG Disclosurefiling2021-04-16
Future Green Product Increasing investments and cooperation for reduction of environmental impact of packing materials Expanding eco-friendly fulfillment services Developing and expanding sustainable product groups within the Smart Store Operational Excellence Maintaining and improving PUE of data centers Increasing the use of renewable energy Reducing the amount of energy used in offices Reducing the environmental impact of means of transportation within the business site Offset Partnership Increasing investment in carbon-free technology/
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company-nameESG Disclosurefiling2021-04-16
"Carbon Off" Implementation Strategy Operational Excellence Maintaining and improving PUE of data centers Increasing the use of renewable energy Reducing the amount of energy used in offices Reducing the environmental impact of means of transportation within the business site Increasing investments and cooperation for reduction of environmental impact of packing materials Expanding eco-friendly fulfil ment services Developing and expanding sustainable product groups within the Smart Store Future Green Product
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company-nameAnnualfiling2021-03-16
(*) 온실가스배출권의 정부제출 등을 포함하고 있습니다.. 회사의 무형자산상각비는 전액 영업비용으로 인식하고 있습니다. 다. 회사가 인건비 등 비용으로 인식한 연구와 개발 지출의 총액은 526,350백만원(전기:485,680백만원)이며, 모두 영업비용에 포함되어 있습니다. 라. 배출권 (1) 당기말 및 전기말 현재 제 2차 계획기간(2018년 ~ 2020년)의 이행연도별 무상할당받은배출권의 수량은 다음과 같습니다.
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Is Capital Expenditure linked to emissions reduction?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?Yes
company-nameESG Disclosurefiling2021-04-16
11 Metrics and Targets 04 05 NAVER TCFD Report 2020 Governance A. The Board's oversight of climate-related risks and opportunities NAVER established the ESG Committee, consisting of the CEO and three independent outside directors, based on a BOD decision in October 2020. In 2020, the ESG Committee reviewed and decided on setting the 2040 Carbon Negative goal and establishing NAVER's mid- to long-term direction to respond to climate change. Moving forward, the ESG Committee will review NAVER's mid- to long-term climate change strategy directions every quarter, and approve major tasks while also managing and supervising the execution of the tasks.
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company-nameESG Disclosurefiling2021-04-16
Integrating climate-related risk/opportunity management into decision-making process across the company Board ESG Committee Green Impact (ESG-dedicated team under CFO) Environment Impact (Environment-dedicated team under GI) Risks and opportunities related to local environmental regulations Risks and opportunities in operating office buildings and IDCs Risks and opportunities related to eco-friendly business Space & Utility Center Data Center Service Business units under the CEO Space Engineering Data Center Service Better Space TF for 1784, a second office building Space Branding Studio Organization in charge
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company-namecategory-descSTP2022-04-18
* Began to estimate GHG emissions of 1784, Connect One, NAVER Square, and leased business sites in 2021 Management organizations are in charge of managing environmental risks in operating NAVER's office buildings, IDCs, and other infrastructure of the company as its tangible assets. They are also in charge of green purchasing for green facility construction and operation. Company-wide ESG management team under the External/ESG Policy Representative reviews and identifies the company's overall climate change risks based on outside expert advice, and establishes short-term and mid- to long-term response directions. The Representative examines mid- to long-term investment expenditures or acquisition of financial resources that are needed to respond to the risks. Finally, the ESG Committee under the BOD makes decisions on the direction for managing major non-financial risks and on investments. In the event of a severe calamity/disaster caused by climate change, the Risk Management Commi...
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Has Naver Corp submitted or committed to submit to a shareholder vote (say-on-climate) its climate strategy?

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Does Naver Corp disclose current and historical air emissions?

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Does Naver Corp disclose current and / or historical scope 1 emissions?
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Does Naver Corp disclose Scope 3 emissions from use of sold products?

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Are Operating Expesnses linked to emissions reduction?
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Does Naver Corp disclose the number and percentage of companies screened by environmental and social criteria?

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Are emissions metrics verified by CDP?

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Does Naver Corp report according to TCFD requirements?

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Does Naver Corp disclose current and / or historical water consumption?

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Does Naver Corp have a policy relating to cyber security?

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Does Naver Corp have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Naver Corp engage in animal testing?

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Did Naver Corp have a product recall in the last two years?
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NAVER Corporation, together with its subsidiaries, provides internet and online search portal, and mobile messenger platform services in South Korea, Japan, and internationally. The company offers Naver, a search portal that offers various content topic boards; LINE, a messaging application; Naver Clova, an integrated AI platform; Papago, an automated interpretation application; WHALE, a web browser; Naver Map, a navigation application; Webtoon, a promotion system for mobile comics; SERIES, a paid content platform; SNOW, a camera; BAND, a mobile community platform; NOW, an audio shows to listen to on NAVER app; and NAVER WORKS, which provides features necessary for work, such as Message, Mail, Calendar, and Drive. It also provides IT platforms, BIZ platforms, advertising services, and NAVER SQUARE for business; NAVER Webtoon, NAVER Webnovel, NAVER AudioClip, Series, Premium Contents, NAVER Influencer Center, Creator Advisor, VIBE, NAVER TV, NAVER Post, and Grafolio for creators; and NAVER D2 Startup Factory, DEVIEW, NAVER D2, NAVER Open Source, CLOVA Platform API, NAVER Maps API, papago API, and NAVER login for developers. In addition, NAVER Corporation is involved in the manufacture of cosmetics; electronic financial business; film production and distribution; real estate rental; investment and information business; and character and doll wholesale and retail activities. The company was formerly known as NHN Corporation. NAVER Corporation was founded in 1999 and is headquartered in Seongnam-si, South Korea.