NCSOFT Corporation
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:161,446 tCO2e/year (consolidated)
Scope 1 Emissions:680.5 tCO2e/year
Scope 2 Emissions:29,792.4 tCO2e/year
Scope 3 Emissions:130,977 tCO2e/year
Water Consumption:271,769 m3/year
Waste Generated:528 tons/year
Carbon Intensity:188.7 tCO2eq/KRW 10 billion in 2023
ESG Focus Areas
- Human Capital Management
- Information Security & Data Privacy
- Business Ethics
- Business Competitiveness
- Corporate Governance
- Environmental Management
- Diversity & Inclusion in Content
- User (Customer) Communication
- Human Rights Management
Environmental Achievements
- Achieved LEED GOLD certification for R&D Center and NC Tower I.
- Replaced R&D Center lighting with LEDs, reducing energy consumption.
- Reduced filter waste by 99% through reusable filters.
- Implemented greywater recycling system, saving approximately 5,900㎥ of water in 2023.
- Expanded GHG emission information and environmental impact reduction activities to domestic subsidiaries.
Social Achievements
- Launched various employee well-being programs, including group counseling and mental health support.
- Increased the number of female employees and leaders.
- Implemented a variety of programs to support employees' challenges and growth through NC University.
- Expanded the use of recycled fabric in NC Dinos jerseys and FSC-certified packaging.
- Engaged in community initiatives such as tree planting and invasive species removal.
Governance Achievements
- Established and implemented a robust ESG management system.
- Maintained a steady dividend policy since 2014.
- Conducted annual evaluations of the Board of Directors.
- Improved the transparency and fairness of the procurement process through the NC E-Procurement Portal.
- Implemented a comprehensive de-identification system to protect personal data during AI development.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050 (implied)
Medium-term Goals:
- Expand the Human Rights Management System to subsidiaries and supply chain.
- Achieve 30% renewable energy by 2030 (implied)
Short-term Goals:
- Reduce LTIFR to 0.5 or less.
Environmental Challenges
- Climate change related risks (physical and transition risks)
- Data privacy risks associated with AI development
- AI ethics risks
- Potential for increased regulation of AI technologies
- Unforeseen internal control risks, such as employee misconduct
Mitigation Strategies
- Developed and implemented climate change response strategies.
- Established a comprehensive de-identification system to protect personal data.
- Developed and applied technology to address unethical or biased language in AI systems.
- Established a regulatory response process for AI technologies.
- Improved ethical management system, raised employee ethics awareness, and activated whistleblowing channels.
Supply Chain Management
Supplier Audits: 76 vendor and business partner checks completed in 2023
Responsible Procurement
- Integrity pledge from suppliers.
- Compliance with Integrity Contract clause in standard service contracts.
- Integrated purchasing system.
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons, floods, wildfires, heat waves
Transition Risks
- Strengthening climate-related policies and regulations
- Increasing energy transition costs
- Increased demand for GHG emissions information and reduction
Opportunities
- Increased asset value of energy-efficient buildings
- Reduced exposure to future fossil fuel price increases
- Enhanced competitiveness by launching environmentally friendly products
Reporting Standards
Frameworks Used: GRI Standards 2021, K-IFRS, SASB, TCFD, IFRS Sustainability Disclosure Standards
Certifications: ISO/IEC 27001, ISO 27701, ISMS-P, CBPR, LEED GOLD
Third-party Assurance: BSI Group Korea
Sustainable Products & Innovation
- Recycled fabric jerseys
- FSC-certified packaging
Awards & Recognition
- LEED GOLD certification