LG Uplus Corp.
Industry Group: Telecommunication Services
Country/Region: South Korea
Identifier: KRX:032640
LG Uplus is a Korean telecommunications operator selling mobile and fixed-line products. It entered the Korean mobile market in 1996 as LG Telecom by acquiring a mobile license, then building out a mobile network. Parent company LG Corp. merged LG Telecom with LG Dacom and LG Powercom in 2010 to add fixed-line and internet capabilities to the existing mobile business and changed its name to LG Uplus that same year. The firm competes against KT and SK Telecom, which were formed from the previously state-owned monopoly, Korea Telecom. Given that KT and SKT had incumbent telecom businesses before LG Uplus started its business, LG Uplus has lower market shares than the other two in the key telecom services.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Telecommunication Services 115 out of 211
Universe
Global Universe 8161 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| freenet AG |
24.3
Medium
|
94 out of 211 |
| Iridium Communications, Inc. |
24.9
Medium
|
101 out of 211 |
| LG Uplus Corp. |
26.1
Medium
|
115 out of 211 |
| China Communications Services Corp. Ltd. |
26.2
Medium
|
118 out of 211 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
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Top Material ESG Issues for LG Uplus Corp.
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What are Material ESG Issues?
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Controversy Rating
Highest Controversy level that has impacted LG Uplus Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
