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Public Profile
Insurance Services
KR
updated 17 days ago

GS CALTEX Sustainability Profile

Company website

GS Caltex Corporation, headquartered in South Korea (KR), is a leading player in the petroleum and petrochemical industry. Founded in 1967, the company has established itself as a key provider of high-quality fuels, lubricants, and chemical products, serving both domestic and international markets. With major operational regions across Asia and beyond, GS Caltex is renowned for its innovative refining processes and commitment to sustainability. The company’s core offerings include gasoline, diesel, and a diverse range of lubricants, distinguished by their advanced formulations and performance. GS Caltex has achieved significant milestones, including the development of eco-friendly products that align with global environmental standards. As a prominent entity in the energy sector, GS Caltex continues to enhance its market position through strategic partnerships and technological advancements, solidifying its reputation as a trusted brand in the industry.

DitchCarbon Score

How does GS CALTEX'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.

43

Industry Average

Mean score of companies in the Insurance 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.

31

Industry Benchmark

GS CALTEX's score of 43 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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GS CALTEX's reported carbon emissions

In 2023, GS CALTEX reported total carbon emissions of approximately 119,843,236,000 kg CO2e, with emissions distributed across various scopes: 7,326,603,000 kg CO2e (Scope 1), 1,603,051,000 kg CO2e (Scope 2), and 109,843,236,000 kg CO2e (Scope 3). The combined Scope 1 and 2 emissions totalled about 8,929,641,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, and there are no SBTi (Science Based Targets initiative) reduction targets reported. However, emissions data is cascaded from its parent company, GS Caltex Corporation, indicating a corporate commitment to transparency in emissions reporting. In 2022, GS CALTEX's emissions were slightly lower, with total emissions of approximately 110,195,554,000 kg CO2e, comprising 7,203,043,000 kg CO2e (Scope 1), 1,950,759,000 kg CO2e (Scope 2), and a similar Scope 3 total. The company’s emissions data reflects its ongoing efforts to monitor and report on its carbon footprint, although specific climate commitments or reduction initiatives have not been detailed.

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Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
7,203,043,000
0,000,000,000
Scope 2
1,950,759,000
0,000,000,000
Scope 3
110,195,554,000
000,000,000,000

How Carbon Intensive is GS CALTEX's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. GS CALTEX's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is GS CALTEX's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for GS CALTEX is in KR, which we do not have grid emissions data for.

GS CALTEX's Scope 3 Categories Breakdown

GS CALTEX's Scope 3 emissions, which decreased by 0% last year and decreased by approximately 0% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 81% of Scope 3 emissions.

Top Scope 3 Categories

2023
Use of Sold Products
81%
Purchased Goods and Services
9%
End-of-Life Treatment of Sold Products
5%
Upstream Transportation & Distribution
4%
Downstream Transportation & Distribution
<1%
Fuel and Energy Related Activities
<1%
Capital Goods
<1%
Investments
<1%
Waste Generated in Operations
<1%
Employee Commuting
<1%

GS CALTEX'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.

GS CALTEX 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare GS CALTEX's Emissions with Industry Peers

Valero Energy

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 3 days ago

SK Innovation Co Ltd

KR
•
Other business services (74)
Updated 9 days ago

Marathon Petroleum

US
•
Petroleum Coke
Updated about 5 hours ago

TotalEnergies

FR
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 2 hours ago

Saturn Oil & Gas Inc

CA
•
Gas/Diesel Oil
Updated 1 day ago

S-Oil Corporation

KR
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 23 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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