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Kakao Corporation, commonly known as Kakao, is a leading player in the recreational, cultural, and sporting services industry, headquartered in South Korea (KR). Founded in 2010, Kakao has rapidly evolved, establishing itself as a multifaceted platform that encompasses messaging, gaming, and digital content services.
With a strong presence in South Korea and expanding operations in various international markets, Kakao offers unique products such as KakaoTalk, a popular messaging app, and Kakao Games, which has garnered significant attention in the gaming sector. The company is renowned for its innovative approach to integrating social networking with entertainment, setting it apart from competitors.
Kakao's commitment to enhancing user experience has positioned it as a market leader, achieving notable milestones in user engagement and service diversification.
+12 vs industry average
Kakao’s score of 43 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Recreation and Sports Services has below-average carbon intensity
The Recreation and Sports Services industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Kakao's 2024 carbon emissions totalled approximately 113.2 billion kg CO2e across Scope 1, 2, and 3. This includes Scope 1 emissions of about 0.5 million kg CO2e, Scope 2 emissions of approximately 96.1 million kg CO2e (market-based), and Scope 3 emissions amounting to about 57.2 million kg CO2e.
In 2023, Kakao reported total emissions of approximately 130.2 billion kg CO2e. This comprised around 0.4 million kg CO2e for Scope 1, approximately 53.4 million kg CO2e for Scope 2 (market-based), and a significant 76 million kg CO2e for Scope 3.
The company's Scope 3 emissions in 2022 were approximately 84.8 million kg CO2e, with Scope 1 at about 0.2 million kg CO2e and Scope 2 (market-based) at approximately 67.1 million kg CO2e.
For 2021, Kakao's total emissions were about 95.1 billion kg CO2e, with Scope 1 emissions of approximately 0.2 million kg CO2e and Scope 2 emissions at around 85.1 million kg CO2e. Scope 3 emissions for 2021 were approximately 69.4 million kg CO2e.
In 2020, Kakao reported total emissions of approximately 97.2 billion kg CO2e, with Scope 1 at about 0.3 million kg CO2e and Scope 2 at approximately 76.7 million kg CO2e. Scope 3 emissions for that year were around 0.2 million kg CO2e.
Kakao's emissions data is not cascaded from a parent organisation. The company has previously had commitments related to the Science Based Targets initiative (SBTi), with near-term target status noted as "Committed" in May 2022, although this commitment was later removed or expired. There is no clear indication of specific near-term or long-term reduction targets currently in place.
Access structured emission data, company specific factors and auditable source documents
No climate goals have been disclosed for Kakao yet.
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