GS Retail Co., Ltd., commonly referred to as GS Retail, is a prominent player in the 'Other services (93)' industry, with its headquarters based in South Korea. Since its establishment in 2000, the company has grown to become a key provider of diverse retail and service solutions across the country, with a focus on enhancing customer convenience and experience.
Specialising in retail operations, convenience store services, and logistics, GS Retail distinguishes itself through innovative business models and a strong market presence. Its flagship brand, GS25, is one of South Korea’s leading convenience store chains, recognised for its quality products and customer-centric approach. With a history of strategic expansion and operational excellence, GS Retail continues to hold a notable position within South Korea’s retail landscape.
+14 vs industry average
GS Retail’s score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
GS Retail's reported carbon emissions
GS Retail Carbon Emissions and Climate Commitments
GS Retail, a company within the "Other services (93)" industry headquartered in KR, has reported its carbon emissions for several years. In 2024, the company’s total reported emissions were approximately 3.09 billion kg CO2e, with Scope 1 emissions at about 2.21 million kg CO2e and Scope 2 emissions at approximately 50.24 million kg CO2e. Scope 3 emissions, which encompass a broad range of indirect emissions, accounted for the vast majority, reaching approximately 3.04 billion kg CO2e in the same year. Key contributors to Scope 3 emissions in 2024 included purchased goods and services (approximately 2.24 billion kg CO2e), franchises (about 675.20 million kg CO2e), and the use of sold products (approximately 65.94 million kg CO2e).
The company's emissions data is cascaded from its ultimate parent, GS Retail Co., Ltd., as it is a current subsidiary. GS Retail reported total emissions of about 53.72 million kg CO2e in 2023, with Scope 1 at roughly 2.04 million kg CO2e and Scope 2 at approximately 51.69 million kg CO2e. Scope 3 emissions in 2023 were around 621.29 million kg CO2e, primarily driven by franchises (about 607.81 million kg CO2e). In 2022, total emissions stood at approximately 58.85 million kg CO2e, comprising about 2.07 million kg CO2e for Scope 1 and 56.78 million kg CO2e for Scope 2. Scope 3 emissions in 2022 were approximately 566.61 million kg CO2e, with franchises being the largest component at about 551.77 million kg CO2e. For 2021, GS Retail reported total emissions of approximately 52.22 million kg CO2e, with Scope 1 at about 1.25 million kg CO2e and Scope 2 at approximately 50.98 million kg CO2e. Scope 3 emissions in 2021 were around 543.82 million kg CO2e, with franchises representing the majority at approximately 530.71 million kg CO2e.
GS Retail's disclosures indicate that they provide data for Scope 1, 2, and 3 emissions, and have disclosed both upstream and downstream Scope 3 categories. There is no public information available regarding specific reduction targets or participation in initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge at the subsidiary level, with targets and performance data being cascaded from GS Retail Co., Ltd.
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GS Retail’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for GS Retail yet.
Scope 3 top emissions categories
14 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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GS Retail
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