Kakao
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Recreation and Sports 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
Kakao's score of 52 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kakao's reported carbon emissions
As of 2023, Kakao's total carbon emissions amounted to approximately 60,238,000 kg CO2e. This figure includes emissions from Scope 1, which totalled about 358,000 kg CO2e, and Scope 2 emissions of approximately 53,426,000 kg CO2e. The company also reported Scope 3 emissions, which reached about 60,238,000 kg CO2e, encompassing various categories such as investments and employee commuting. In recent years, Kakao has demonstrated a significant increase in emissions, with total emissions rising from about 3,714,000 kg CO2e in 2017 to the current figure. Notably, the company has not established any long-term net-zero commitments, and previous near-term targets have been removed or expired. Kakao's emissions reduction initiatives appear to be in a state of flux, with no active reduction targets currently in place. The company has committed to addressing its carbon footprint but lacks specific, actionable goals at this time. As a major player in the software and services sector, Kakao's climate commitments will be crucial in aligning with global sustainability efforts.
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| 2017 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some 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.
