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 19 is lower than 64% 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 2021, GS E&C Corp reported total carbon emissions of approximately 155,615,000 kg CO2e, with emissions distributed across various scopes: 31,570,000 kg CO2e (Scope 1), 63,524,000 kg CO2e (Scope 2), and 60,521,000 kg CO2e (Scope 3). This data reflects the company's operational footprint in South Korea. The company's global emissions for the same year were higher, totalling about 225,570,000 kg CO2e, with Scope 1 emissions at 46,324,000 kg CO2e, Scope 2 at 65,838,000 kg CO2e, and Scope 3 at 113,408,000 kg CO2e. This indicates a significant reliance on indirect emissions, particularly in Scope 3, which encompasses the entire value chain. Despite the substantial emissions figures, GS E&C Corp has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s climate strategy appears to be in its early stages, with no formal climate pledges reported. Overall, GS E&C Corp's emissions data highlights the need for enhanced climate commitments and reduction strategies to align with global sustainability goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 63,959,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 79,473,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 141,802,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is GS E&C Corp's Industry?
How Carbon Intensive is GS E&C Corp's Location?
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.
