Bgf Retail
Bgf Retail, officially known as BGF Retail Co., Ltd., is a prominent player in the South Korean retail industry, headquartered in Seoul, KR. Founded in 1990, the company has established itself as a leader in convenience store operations, primarily through its well-known CU brand, which has become synonymous with quality and accessibility across the nation. With a strong presence in urban and suburban areas, Bgf Retail focuses on providing a diverse range of products, including groceries, snacks, and everyday essentials, all tailored to meet the needs of modern consumers. The company's commitment to innovation and customer service has earned it a significant market position, making it one of the largest convenience store chains in South Korea. Bgf Retail continues to expand its footprint, adapting to changing consumer preferences while maintaining its reputation for excellence in the retail sector.
DitchCarbon Score
How does Bgf Retail'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 Retail Trade 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
Bgf Retail's score of 28 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bgf Retail's reported carbon emissions
In 2023, BGF Retail reported total carbon emissions of approximately 3,484,200,000 kg CO2e, with 2,118,000 kg CO2e attributed to Scope 1 emissions and a significant 3,262,442,000 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to 2022, where the company recorded approximately 546,659,000 kg CO2e in Scope 3 emissions and 1,599,000 kg CO2e in Scope 1 emissions. BGF Retail has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within a challenging industry context, where retail businesses are increasingly pressured to address their carbon footprints and implement effective climate action plans. Overall, while BGF Retail has made strides in emissions reporting, the lack of clear reduction commitments highlights an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 31,509,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,367,000 | - | - | - |
| Scope 3 | 15,107,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
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.
Bgf Retail is not participating in any of the initiatives that 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.
