Korea Hydro & Nuclear Power Co., Ltd. Sustainability Profile
Korea Hydro & Nuclear Power Co., Ltd. (KHNP) is a leading player in the energy sector, headquartered in South Korea (KR). Established in 2001, KHNP has rapidly evolved to become a cornerstone of the nation’s electricity generation, primarily focusing on hydroelectric and nuclear power. With major operational regions across South Korea, the company is dedicated to providing sustainable energy solutions. KHNP's core services include the operation and maintenance of nuclear power plants and hydroelectric facilities, distinguished by their commitment to safety and innovation. The company has achieved significant milestones, including the successful integration of advanced technologies to enhance energy efficiency. As a prominent entity in the energy market, KHNP is recognised for its contributions to reducing carbon emissions and promoting renewable energy initiatives, solidifying its position as a leader in the industry.
DitchCarbon Score
How does Korea Hydro & Nuclear Power Co., Ltd.'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 Hydro & Nuclear Power Co., Ltd.'s score of 33 is higher than 57% 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 Hydro & Nuclear Power Co., Ltd. (KHNP), headquartered in South Korea, has made significant commitments towards reducing its carbon emissions, although specific emissions data for the most recent year is currently unavailable. The company is committed to achieving net-zero emissions across all scopes by 2050, as indicated by its Science Based Targets initiative (SBTi) commitment established in 2023. KHNP's climate strategy includes a focus on reducing greenhouse gas emissions from its operations, specifically targeting Scope 1 and Scope 2 emissions. The company is aligned with industry standards that require substantial reductions to limit global warming. While no absolute emissions figures are provided, the commitment to net-zero reflects a proactive approach to climate change mitigation. It is important to note that KHNP's climate initiatives are cascaded from its parent company, Korea Electric Power Corporation (KEPCO), which influences its overall emissions performance and climate commitments. This relationship underscores KHNP's integration within a larger corporate framework that prioritises sustainability and environmental responsibility. In summary, while specific emissions data is not available, KHNP's long-term commitment to net-zero emissions by 2050 and its alignment with SBTi targets demonstrate a strong dedication to addressing climate change and reducing its carbon footprint.
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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 Hydro & Nuclear Power Co., Ltd.'s Industry?
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Korea Hydro & Nuclear Power Co., Ltd.'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 Hydro & Nuclear Power Co., Ltd. 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.
