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 20 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, BGF Retail reported total carbon emissions of approximately 40,876,000 kg CO2e, which includes 31,509,000 kg CO2e from Scope 1, 9,367,000 kg CO2e from Scope 2, and 32,030,000 kg CO2e from business travel and 20,674,000 kg CO2e from upstream transportation and distribution under Scope 3. The company has not disclosed emissions data for 2023, but it is noted that their revenue for that year was approximately USD 6.32 billion. BGF Retail has not set specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company’s emissions data is not cascaded from a parent organization, indicating that all reported figures are directly from BGF Retail CO., LTD. Overall, BGF Retail's emissions profile highlights the significant impact of Scope 3 emissions, particularly from upstream transportation and distribution, which underscores the importance of addressing these areas in future climate strategies.
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.