Knoc, officially known as Korea National Oil Corporation, is a prominent player in the energy sector, headquartered in South Korea (KR). Established in 1979, the company has significantly contributed to the nation's energy security and resource development, with a focus on oil and gas exploration, production, and refining. With operations extending across various regions, Knoc has made notable strides in enhancing its market position through strategic partnerships and investments in renewable energy. The company’s core offerings include upstream oil and gas services, which are distinguished by their commitment to sustainability and innovation. Recognised for its pivotal role in the energy landscape, Knoc continues to evolve, aiming to balance traditional energy needs with the growing demand for cleaner alternatives.
How does Knoc'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 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.
Knoc's score of 20 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Knoc reported total carbon emissions of approximately 6,537,000 kg CO2e, comprising 553,000 kg CO2e from Scope 1 and 5,984,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2022, where total emissions were about 7,067,000 kg CO2e. Over the past few years, Knoc has demonstrated a downward trend in emissions, decreasing from approximately 7,228,000 kg CO2e in 2021 and 7,341,000 kg CO2e in 2020. Knoc has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has reported emissions data for Scope 1 and Scope 2, while Scope 3 emissions remain unreported. The absence of defined reduction targets suggests that Knoc may be in the early stages of formalising its climate commitments. Overall, Knoc's emissions data reflects a commitment to reducing its carbon footprint, although further clarity on specific targets and initiatives would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 612,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 6,798,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - |
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.
Knoc is not committed to any 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.