JYP Entertainment Corporation, commonly referred to as JYP, is a leading South Korean entertainment company headquartered in Seoul, KR. Founded in 1997 by Park Jin-young, JYP has established itself as a powerhouse in the music industry, particularly in K-pop, with a diverse portfolio that includes artist management, music production, and concert promotion. The company is renowned for its innovative approach to talent development, producing globally successful acts such as TWICE, GOT7, and Stray Kids. JYP's unique blend of musical styles and engaging performances has garnered a significant international fanbase, solidifying its position as one of the top entertainment firms in Asia. With a commitment to creativity and excellence, JYP continues to shape the future of the entertainment landscape.
How does JYP Entertainment'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.
Mean score of companies in the Business 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.
JYP Entertainment's score of 33 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, JYP Entertainment reported total carbon emissions of approximately 1,363,930 kg CO2e, comprising 319,090 kg CO2e from Scope 1, 861,650 kg CO2e from Scope 2, and 182,970 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to previous years, with 2022 emissions recorded at about 1,073,640 kg CO2e (298,240 kg CO2e from Scope 1 and 775,400 kg CO2e from Scope 2). In 2021, the company emitted approximately 720,400 kg CO2e, with 30,430 kg CO2e from Scope 1 and 689,970 kg CO2e from Scope 2. The 2020 emissions were significantly lower, at around 36,000 kg CO2e, primarily from Scope 2 emissions. Despite the increase in emissions, JYP Entertainment has not set specific reduction targets or climate pledges, nor have they disclosed any initiatives under the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organisation, indicating that all reported figures are directly from JYP Entertainment Corporation. Overall, JYP Entertainment's commitment to addressing climate change remains unclear, as they have not outlined any formal reduction strategies or climate commitments in their sustainability reports.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 880 | 00,000 | 000,000 | 000,000 |
Scope 2 | 34,930 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | 000,000 |
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.
JYP Entertainment 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.