GS CALTEX Sustainability Profile
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.
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.
Industry Benchmark
GS CALTEX's score of 43 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GS CALTEX's reported carbon emissions
In 2023, GS CALTEX reported total carbon emissions of approximately 9,433,310 kg CO2e, comprising 710,450 kg CO2e from Scope 1, 7,184,310 kg CO2e from Scope 2, and 2,249,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from business travel (1,362,600 kg CO2e), employee commuting (363,900 kg CO2e), and waste generated in operations (631,300 kg CO2e). GS CALTEX's emissions data is cascaded from its parent company, GS Caltex Corporation, reflecting a corporate family relationship. However, the company has not set specific reduction targets or climate pledges as part of its sustainability initiatives. The absence of documented reduction targets indicates a need for further commitment to climate action within the industry context. Overall, GS CALTEX's emissions profile highlights the importance of addressing both direct and indirect emissions to align with global climate goals.
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| 2022 | 2023 | |
|---|---|---|
| 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?
How Carbon Intensive is GS CALTEX's Location?
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.
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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.
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