Potential offtaker

NAVER Corporation

www.navercorp.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

NAVER Corp is a South Korean company that operates in the search advertising sector. The company was founded in 1999 and has since become one of the leading search engines in South Korea. NAVER Corp has a market capitalization of $64.5 billion and employs over 3,000 people.

Decarbonisation is a key focus for NAVER Corp. The company has set a goal to achieve carbon neutrality by 2030. To achieve this goal, NAVER Corp is implementing a range of measures to reduce its carbon footprint. These measures include the use of renewable energy, the implementation of energy-efficient technologies, and the adoption of sustainable business practices.

Corporate energy is another area of focus for NAVER Corp. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. NAVER Corp has implemented a range of energy-saving measures, including the use of energy-efficient lighting and HVAC systems, and the installation of solar panels on its buildings.

Corporate power purchase agreements (PPAs) are also a key part of NAVER Corp's strategy to increase its use of renewable energy. The company has signed several PPAs with renewable energy providers, which allow it to purchase renewable energy at a fixed price over a set period of time. These agreements help to reduce the company's reliance on fossil fuels and support the growth of the renewable energy sector.

Renewable energy is a key focus for NAVER Corp. The company has set a goal to increase its use of renewable energy to 50% by 2030. To achieve this goal, NAVER Corp is investing in a range of renewable energy projects, including wind, solar, and hydroelectric power. The company is also working to develop new technologies that can help to increase the efficiency and effectiveness of renewable energy systems.

In addition to its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, NAVER Corp is also committed to sustainability and social responsibility. The company has implemented a range of initiatives to reduce its impact on the environment and support local communities. These initiatives include the use of sustainable materials in its products, the implementation of recycling programs, and the support of local charities and community organizations.

NAVER Corp's commitment to sustainability and social responsibility has earned it a reputation as a leader in the field. The company has received numerous awards and accolades for its efforts, including the Green IT Award from the Korean Ministry of Environment and the Corporate Social Responsibility Award from the Korea Economic Daily.

In conclusion, NAVER Corp is a South Korean company that operates in the search advertising sector. The company is committed to decarbonisation, corporate energy, corporate PPAs, and renewable energy, and has set ambitious goals in these areas. NAVER Corp's focus on sustainability and social responsibility has earned it a reputation as a leader in the field, and the company is well-positioned to continue its success in the years to come.

✓ Re100 member
✓ Declared Net Zero commitment