Korea Electric Power Corporation Sustainability Profile
Korea Electric Power Corporation (KEPCO), headquartered in South Korea (KR), is a leading player in the global energy sector. Established in 1961, KEPCO has grown to become a pivotal force in electricity generation, transmission, and distribution, serving millions of customers across the nation and beyond. With a diverse portfolio that includes nuclear, thermal, and renewable energy sources, KEPCO is committed to innovation and sustainability. The company has achieved significant milestones, including advancements in smart grid technology and a strong focus on reducing carbon emissions. Recognised for its market leadership, KEPCO continues to enhance its position through strategic investments and partnerships, making it a key contributor to the energy landscape in Asia and worldwide.
DitchCarbon Score
How does Korea Electric Power Corporation'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 Electricity Transmission 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
Korea Electric Power Corporation's score of 29 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Korea Electric Power Corporation's reported carbon emissions
In 2023, Korea Electric Power Corporation (KEPCO) reported total carbon emissions of approximately 870,631,000 kg CO2e from Scope 1 and Scope 2 sources, alongside significant Scope 3 emissions amounting to about 194,127,327,000 kg CO2e. This reflects a decrease in Scope 3 emissions from 2022, where they were approximately 214,273,227,000 kg CO2e, and a reduction in Scope 1 and 2 emissions from about 927,894,000 kg CO2e. KEPCO has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. The company’s emissions data is not cascaded from a parent organization, indicating that these figures are independently reported. Overall, KEPCO's emissions profile highlights the importance of addressing both direct and indirect emissions as part of its climate strategy, particularly in the context of global efforts to mitigate climate change.
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| 2016 | 2018 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | - | - | - |
| Scope 2 | - | 000,000,000 | - | - | - |
| Scope 3 | 454,949,962,000 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Korea Electric Power Corporation's Industry?
How Carbon Intensive is Korea Electric Power Corporation's Location?
Korea Electric Power Corporation'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.
Korea Electric Power Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
