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 34 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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Korea Electric Power Corporation's reported carbon emissions
In 2023, Korea Electric Power Corporation (KEPCO) reported total emissions of approximately 195 billion kg CO2e, with Scope 3 emissions accounting for about 194.1 billion kg CO2e and Scope 1 and 2 emissions combined at approximately 870.6 million kg CO2e. This marks a decrease from 2022, where total emissions were approximately 215 billion kg CO2e, with Scope 3 emissions at about 214.3 billion kg CO2e and Scope 1 and 2 emissions at approximately 927.9 million kg CO2e. KEPCO has set ambitious reduction targets to address its carbon footprint. By 2030, the corporation aims to reduce its greenhouse gas emissions across the entire supply chain (Scope 1, 2, and 3) by 50% from 2013 levels. Additionally, it targets a 70% reduction in emissions from its business activities (Scope 1 and 2) by 2030, with an interim goal of a 55% reduction by 2025. These commitments reflect KEPCO's proactive approach to climate action, aligning with industry standards and contributing to 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?
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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.
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