Coupang Corp. Sustainability Profile
Coupang Corp., often referred to simply as Coupang, is a leading e-commerce platform headquartered in South Korea (KR). Founded in 2010, the company has rapidly evolved to become a dominant player in the online retail industry, primarily serving the South Korean market with significant operations in logistics and technology. Coupang is renowned for its innovative services, including the "Rocket Delivery" system, which promises same-day or next-day delivery on a vast array of products. This commitment to speed and customer satisfaction has positioned Coupang as a market leader, earning it recognition for its exceptional user experience and operational efficiency. With a focus on a diverse range of products, from electronics to groceries, Coupang continues to set itself apart through its advanced logistics network and customer-centric approach, solidifying its status as a key player in the global e-commerce landscape.
DitchCarbon Score
How does Coupang Corp.'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
Coupang Corp.'s score of 29 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coupang Corp.'s reported carbon emissions
In 2022, Coupang Corp. reported total carbon emissions of approximately 4.42 billion kg CO2e. This figure includes Scope 1 emissions of about 6.39 million kg CO2e, Scope 2 emissions of approximately 1.09 billion kg CO2e, and Scope 3 emissions amounting to around 3.32 billion kg CO2e. The breakdown of Scope 3 emissions reveals significant contributions from purchased goods and services (approximately 1.93 billion kg CO2e) and capital goods (about 922.97 million kg CO2e). Comparatively, in 2021, Coupang's total emissions were approximately 5.44 billion kg CO2e, with Scope 1 at about 6.29 million kg CO2e, Scope 2 at approximately 1.05 billion kg CO2e, and Scope 3 at around 4.38 billion kg CO2e. This indicates a reduction in total emissions of about 1.02 billion kg CO2e from 2021 to 2022. Coupang has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded any targets from parent organisations. The company is currently not participating in initiatives such as the Science Based Targets initiative (SBTi) or similar climate pledges. As such, their climate commitments remain unspecified, highlighting an area for potential development in their sustainability strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 6,133,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,033,846,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 6,918,286,000 | 0,000,000,000 | 0,000,000,000 |
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Coupang Corp.'s Scope 3 Categories Breakdown
Coupang Corp.'s Scope 3 emissions, which decreased by 24% last year and decreased by approximately 52% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 75% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 58% of Scope 3 emissions.
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Coupang Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Coupang Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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