Kakao
Kakao Corporation, commonly referred to as Kakao, is a leading South Korean technology company headquartered in Jeju, South Korea. Founded in 2010, Kakao has rapidly evolved within the digital landscape, primarily focusing on mobile messaging, social networking, and various online services. The company is renowned for its flagship product, KakaoTalk, a widely used messaging app that integrates diverse functionalities, including payment services and gaming. Kakao's unique ecosystem also encompasses Kakao Games, Kakao Pay, and Kakao Music, positioning it as a significant player in the South Korean tech industry. With a strong market presence and a commitment to innovation, Kakao has achieved notable milestones, including strategic partnerships and expansions into international markets, solidifying its reputation as a pioneer in the digital communication and entertainment sectors.
DitchCarbon Score
How does Kakao's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Recreation and Sports Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kakao's score of 41 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kakao's reported carbon emissions
As of 2023, Kakao's total carbon emissions amounted to approximately 60,238,000 kg CO2e. This figure includes emissions from Scope 1, which totalled 358,000 kg CO2e, and Scope 2 emissions of about 53,426,000 kg CO2e. Additionally, Scope 3 emissions reached approximately 60,238,000 kg CO2e, encompassing various categories such as investments and employee commuting. Kakao has demonstrated a commitment to reducing its carbon footprint, although it has not set a net-zero target. The company is currently classified as "Committed" to near-term reduction targets, indicating an intention to address its emissions, but specific reduction goals have not been publicly detailed. Over the years, Kakao's emissions have fluctuated, with a notable increase from about 37,140,000 kg CO2e in 2017 to 154,713,000 kg CO2e in 2021, before slightly decreasing to 137,908,000 kg CO2e in 2022. This trend highlights the company's ongoing challenges in managing its carbon emissions amidst growth in revenue and operations. Kakao's climate commitments reflect a broader industry context where technology and software companies are increasingly scrutinised for their environmental impact, necessitating transparent reporting and proactive measures to mitigate climate change.
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Get Started| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 220,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,413,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 82,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kakao is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
