Kakao Corporation, commonly referred to as Kakao, is a leading South Korean technology company headquartered in Jeju, South Korea. Founded in 2010, Kakao has rapidly evolved within the digital landscape, primarily focusing on mobile messaging, social networking, and various online services. The company is renowned for its flagship product, KakaoTalk, a widely used messaging app that integrates diverse functionalities, including payment services and gaming. Kakao's unique ecosystem also encompasses Kakao Games, Kakao Pay, and Kakao Music, positioning it as a significant player in the South Korean tech industry. With a strong market presence and a commitment to innovation, Kakao has achieved notable milestones, including strategic partnerships and expansions into international markets, solidifying its reputation as a pioneer in the digital communication and entertainment sectors.
How does Kakao'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 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.
Kakao's score of 46 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kakao reported total carbon emissions of approximately 60,238,000 kg CO2e. This figure includes 358,000 kg CO2e from Scope 1 emissions, 53,426,000 kg CO2e from Scope 2 emissions, and 60,238,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as investments and employee commute. Over the years, Kakao's emissions have shown a significant increase, with total emissions rising from about 3,714,000 kg CO2e in 2017 to 154,713,000 kg CO2e in 2021. Notably, the company achieved a reduction in emissions from 2021 to 2022, where total emissions decreased to approximately 137,908,000 kg CO2e. Kakao has not committed to net-zero emissions nor established specific long-term reduction targets. However, they have indicated a near-term commitment to reducing emissions, although details on specific targets remain unspecified. The company operates within the software and services sector and is headquartered in South Korea. Kakao's emissions intensity has varied, with the most recent data indicating an intensity of approximately 0.019 kg CO2e per unit of revenue. As the company continues to navigate its climate commitments, it remains essential for Kakao to establish clearer reduction targets to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 220,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 3,413,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 82,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Kakao is committed to some reduction initiatives 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.