KOGAS Sustainability Profile
KOGAS, or Korea Gas Corporation, is a leading player in the natural gas industry, headquartered in South Korea. Established in 1983, KOGAS has significantly contributed to the development of the country's gas infrastructure, serving major operational regions across South Korea and beyond. The company focuses on the import, storage, and distribution of natural gas, positioning itself as a key supplier in the energy sector. KOGAS is renowned for its innovative approach to liquefied natural gas (LNG) and has achieved notable milestones, including the establishment of the world’s first LNG terminal. With a commitment to sustainability and energy security, KOGAS continues to enhance its market position through strategic partnerships and investments in renewable energy. Its core services not only meet domestic energy needs but also support international energy cooperation, making KOGAS a pivotal entity in the global energy landscape.
DitchCarbon Score
How does KOGAS'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 Insurance 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
KOGAS's score of 48 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KOGAS's reported carbon emissions
In 2023, KOGAS reported significant carbon emissions, with total Scope 1 emissions at approximately 249,923,000 kg CO2e, Scope 2 emissions at about 404,313,000 kg CO2e, and Scope 3 emissions reaching approximately 103,308,976,000 kg CO2e. Notably, within Scope 3, business travel accounted for about 1,117,000 kg CO2e. KOGAS has not disclosed specific reduction targets or initiatives, and there are no documented climate pledges or SBTi targets. The emissions data is sourced directly from Korea Gas Corporation, with no cascading from a parent or related organization. The company’s commitment to addressing climate change is evident through its transparency in emissions reporting, although further details on reduction strategies would enhance its climate action profile.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 667,106,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 379,464,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 102,469,800,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is KOGAS's Industry?
How Carbon Intensive is KOGAS's Location?
KOGAS's Scope 3 Categories Breakdown
KOGAS's Scope 3 emissions, which decreased by 15% last year and increased by approximately 1% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 92% of Scope 3 emissions.
Top Scope 3 Categories
KOGAS'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.
KOGAS 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.
