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 33 is higher than 83% 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 2,785,571,000 kg CO2e. This figure includes emissions across all three scopes: Scope 1 emissions were about 2,118,000 kg CO2e, Scope 2 emissions totalled approximately 5,945,000 kg CO2e, and Scope 3 emissions reached around 2,778,508,000 kg CO2e. Notably, the Scope 3 emissions were significantly driven by purchased goods and services, which accounted for about 2,270,431,000 kg CO2e. In previous years, BGF Retail's emissions were considerably lower, with 2022 emissions at approximately 546,659,000 kg CO2e for Scope 3, and 2021 emissions at around 485,419,000 kg CO2e for the same scope. This indicates a substantial increase in emissions in 2023, particularly in Scope 3 categories. Despite the increase in emissions, BGF Retail has not disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not yet have formalised commitments to reduce them in line with industry standards or climate pledges. Overall, BGF Retail's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint, and the need for clear climate commitments moving forward.
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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 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 486,624,000 | 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.
