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.
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.
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.
Bgf Retail's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bgf Retail reported total carbon emissions of approximately 2,811,500,000 kg CO2e. This figure includes 2,118,000 kg CO2e from Scope 1 emissions, 5,945,000 kg CO2e from Scope 2 emissions, and a significant 2,785,571,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions are primarily driven by purchased goods and services, which account for about 2,270,431,000 kg CO2e, alongside substantial contributions from franchises and employee commuting. Comparatively, in 2022, Bgf Retail's total emissions were approximately 546,659,000 kg CO2e, with Scope 1 emissions at 1,599,000 kg CO2e, Scope 2 at 825,000 kg CO2e, and Scope 3 emissions reaching 546,659,000 kg CO2e. This indicates a significant increase in emissions in 2023, particularly in Scope 3, which reflects the company's extensive supply chain and operational footprint. Despite the lack of specific reduction targets or initiatives disclosed, Bgf Retail is actively monitoring its emissions across all scopes. The company has not yet committed to any science-based targets or climate pledges, which may be an area for future development as the retail industry increasingly focuses on sustainability and carbon neutrality.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.