Kakao Mobility Co., Ltd. Sustainability Profile
Kakao Mobility Co., Ltd., a prominent player in the South Korean transportation sector, is headquartered in Seoul, South Korea. Founded in 2017, the company has rapidly established itself as a leader in the mobility industry, offering innovative solutions that enhance urban transportation. Kakao Mobility operates primarily in ride-hailing, navigation, and mobility services, leveraging advanced technology to provide seamless user experiences. Its flagship products, including Kakao Taxi and Kakao Navi, stand out for their user-friendly interfaces and integration with Kakao's extensive ecosystem. With a strong market position, Kakao Mobility has achieved significant milestones, including partnerships with various local transport services, solidifying its reputation as a trusted mobility provider in South Korea and beyond.
DitchCarbon Score
How does Kakao Mobility Co., Ltd.'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 Computer 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 Mobility Co., Ltd.'s score of 55 is higher than 72% 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 Mobility Co., Ltd.'s reported carbon emissions
In 2024, Kakao Mobility Co., Ltd. reported total carbon emissions of approximately 96,633,000 kg CO2e, which includes 520,000 kg CO2e from Scope 1 and about 96,113,000 kg CO2e from Scope 2 (market-based). The company also disclosed Scope 3 emissions amounting to approximately 57,248,000 kg CO2e, with significant contributions from purchased goods and services (about 10,798,000 kg CO2e) and capital goods (approximately 24,821,000 kg CO2e). For the previous year, 2023, Kakao Mobility's emissions were approximately 53,784,000 kg CO2e for Scope 1 and 2 combined, with Scope 3 emissions reaching about 75,992,000 kg CO2e. This indicates a notable increase in emissions in 2024 compared to 2023, particularly in Scope 2 emissions. Kakao Mobility has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate commitments. Overall, while Kakao Mobility has made strides in transparency regarding its emissions, it currently lacks defined reduction targets to address its carbon footprint effectively.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 248,000 | 000,000 | 000,000 |
| Scope 2 | 67,143,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 84,847,000 | 00,000,000 | 00,000,000 |
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Kakao Mobility Co., Ltd.'s Scope 3 Categories Breakdown
Kakao Mobility Co., Ltd.'s Scope 3 emissions, which decreased by 25% last year and decreased by approximately 33% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 37% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 43% of Scope 3 emissions.
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Kakao Mobility Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kakao Mobility Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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