Kangwon Land, Inc. Sustainability Profile
Kangwon Land, Inc., a prominent player in the South Korean gaming and leisure industry, is headquartered in the picturesque province of Gangwon-do, South Korea. Established in 2000, the company operates the renowned Kangwon Land Casino, the only casino in South Korea permitted to accept local residents, setting it apart in a highly competitive market. Kangwon Land's core offerings include a diverse range of gaming options, luxurious accommodations, and comprehensive entertainment services, catering to both domestic and international visitors. The company has achieved significant milestones, including the expansion of its facilities and the introduction of innovative gaming technologies, solidifying its position as a leader in the industry. With a commitment to responsible gaming and community engagement, Kangwon Land continues to enhance its reputation as a premier destination for leisure and entertainment in the region.
DitchCarbon Score
How does Kangwon Land, Inc.'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
Kangwon Land, Inc.'s score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kangwon Land, Inc.'s reported carbon emissions
In 2021, Kangwon Land, Inc. reported total carbon emissions of approximately 65,276,000 kg CO2e, comprising 21,582,000 kg CO2e from Scope 1 and 43,694,000 kg CO2e from Scope 2 emissions. The company has set long-term climate commitments aiming for net zero emissions from operations under their control by 2050, which encompasses both Scope 1 and Scope 2 emissions. This commitment aligns with the initiatives of the Oil and Gas Climate Initiative (OGCI), of which Kangwon Land is a member. The emissions data indicates a significant increase from 2020, where total emissions were approximately 58,273,000 kg CO2e, with Scope 1 at 19,641,000 kg CO2e and Scope 2 at 38,632,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, which limits the overall understanding of its full carbon footprint. Kangwon Land's climate strategy reflects a growing awareness of the need for sustainable practices within the gaming and hospitality industry, as it seeks to reduce its operational impact on the environment. The company is currently focused on achieving its net zero targets by 2050, with a starting point of 2023 for its reduction initiatives.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 27,030,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 49,084,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Kangwon Land, Inc.'s Industry?
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Kangwon Land, Inc.'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.
Kangwon Land, Inc. 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.
