GS CALTEX
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 68% 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, with significant contributions from Scope 3 emissions, which accounted for about 109,843,236,000 kg CO2e. Scope 1 emissions were approximately 2,534,649,000 kg CO2e, while Scope 2 emissions totalled about 21,536,000 kg CO2e. The combined Scope 1 and 2 emissions reached approximately 2,556,180,000 kg CO2e. In 2022, the company reported similar trends, with total emissions of about 110,195,554,000 kg CO2e, including approximately 2,967,293,000 kg CO2e from Scope 1 and about 20,662,000 kg CO2e from Scope 2. The total for Scope 1 and 2 combined was around 2,987,955,000 kg CO2e. GS CALTEX's emissions data is cascaded from its parent company, GS Caltex Corporation, which is responsible for the overall climate strategy and performance metrics. However, there are currently no specific reduction targets or initiatives disclosed, such as those from the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while emissions data is available, the company may still be developing its long-term climate commitments. Overall, GS CALTEX's emissions profile highlights the significant impact of Scope 3 emissions, indicating a need for comprehensive strategies to address indirect emissions across its value chain.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 2,174,033,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 24,403,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
GS CALTEX 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.
