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 109,843,236,000 kg CO2e globally, with significant contributions from Scope 3 emissions, which accounted for the majority of their carbon footprint. Specifically, Scope 1 emissions were about 70,000 kg CO2e, and Scope 2 emissions totalled approximately 220,000 kg CO2e. In South Korea, the company reported Scope 1 emissions of about 710,450 kg CO2e and Scope 2 emissions of approximately 7,184,310 kg CO2e, with total Scope 3 emissions reaching about 2,249,000 kg CO2e. GS Caltex's emissions data is cascaded from its parent company, GS Caltex Corporation, reflecting a corporate family relationship. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future commitment. The company has demonstrated a commitment to transparency by disclosing emissions across all three scopes, which is essential for understanding their overall climate impact. However, without specific reduction targets or initiatives outlined, it remains unclear how GS Caltex plans to address its substantial carbon emissions moving forward.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 95,000 | 00,000 | 00,000 |
| Scope 2 | 154,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000,000 | 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. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all 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
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.
