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 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.
Kakao's score of 41 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, Kakao's total carbon emissions amounted to 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 commuting. In recent years, Kakao has demonstrated a significant increase in emissions, with total emissions rising from about 37,140,000 kg CO2e in 2017 to 154,713,000 kg CO2e in 2021. However, the company has not set specific near-term or long-term reduction targets and is not currently committed to achieving net-zero emissions. Kakao's emissions profile reflects its operations in the software and services sector, and while it has made strides in reporting its emissions across all scopes, it has yet to establish formal reduction initiatives or commitments to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.