LG Uplus Receives 'A Grade' in Climate Change Response Evaluation Report

Evaluation of the International Nonprofit Organization CDP (Carbon Disclosure Project)

LG Uplus Yongsan Headquarters

[Asia Economy Reporter Cha Min-young] LG Uplus announced on the 26th that it received the highest grade, A, in the ‘2021 CDP Climate Change Response’ evaluation announced by the international non-profit organization CDP (Carbon Disclosure Project).

CDP is a global project that publishes reports analyzing environmental management information such as climate change response strategies, greenhouse gas emissions data, and reduction efforts of major companies worldwide, supporting global financial institutions in making investment and lending decisions. It is known as the most trusted indicator for evaluating climate change response levels.

In 2021, more than 13,000 companies worldwide disclosed environmental information to 669 institutional investors managing assets worth $131 trillion. Among them, 200 companies received an A grade in the climate change category, and only four companies in South Korea received an A grade.

LG Uplus is reducing energy consumption and expanding the use of renewable energy to respond to the climate change crisis. At the Pyeongchon Mega Center Internet Data Center (IDC), renewable energy is generated and utilized through solar panels and heat pump facilities. A solar power generation system was installed on the rooftop of the headquarters building in Yongsan. In the 2020 CDP evaluation, LG Uplus was selected for the ‘Carbon Management Honors Club,’ awarded to the top five companies across all domestic industries, for seven consecutive years from 2014 to 2020.

An LG Uplus official said, “Receiving an A grade in this evaluation is an external recognition of our active efforts to respond to the climate change crisis,” adding, “At a time when companies worldwide must become key players in preventing the climate crisis, LG Uplus will continue to demonstrate leadership in climate change response and lead ESG management.”

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