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 62% 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 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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| 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.
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.
