GS E&C Corp Sustainability Profile
GS E&C Corp, also known as GS Engineering & Construction Corporation, is a leading player in the construction and engineering industry, headquartered in South Korea (KR). Established in 1969, the company has made significant strides in various sectors, including civil engineering, architecture, and plant construction, with a strong presence in Asia, the Middle East, and beyond. Renowned for its innovative approach, GS E&C offers a diverse range of services, from infrastructure development to energy solutions. The company is particularly noted for its commitment to sustainability and advanced technology, setting it apart in a competitive market. With numerous accolades and a robust portfolio of completed projects, GS E&C Corp continues to solidify its position as a trusted name in the global construction landscape.
DitchCarbon Score
How does GS E&C Corp'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 Electricity from Other Sources 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 E&C Corp's score of 24 is lower than 57% 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 E&C Corp's reported carbon emissions
In 2023, GS E&C Corp reported total carbon emissions of approximately 291,000 kg CO2e, comprising 70,000 kg CO2e from Scope 1 and 220,000 kg CO2e from Scope 2 emissions. This data reflects a slight decrease in Scope 1 emissions from 78,000 kg CO2e in 2022, while Scope 2 emissions increased marginally from 213,000 kg CO2e in the previous year. The company has not disclosed any Scope 3 emissions data for 2023, but in 2021, it reported Scope 3 emissions of approximately 113,408,000 kg CO2e globally. This indicates a significant reliance on upstream and downstream activities contributing to its overall carbon footprint. GS E&C Corp has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The absence of documented reduction targets suggests that the company may need to enhance its climate strategy to align with industry standards and expectations. Overall, while GS E&C Corp has made progress in managing its direct emissions, the lack of comprehensive reduction targets and the absence of Scope 3 emissions data highlight opportunities for further improvement in its climate commitments.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 63,959,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000 |
| Scope 2 | 79,473,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 3 | 141,802,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | - | - |
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GS E&C Corp'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 E&C Corp 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.
