Korea Tobacco And Ginseng
Korea Tobacco & Ginseng Corporation (KT&G), headquartered in South Korea, is a leading player in the tobacco and ginseng industries. Established in 1899, the company has evolved significantly, marking key milestones such as its expansion into international markets and diversification of product lines. KT&G operates primarily in the production and distribution of tobacco products, including cigarettes and heated tobacco, alongside its renowned ginseng products. The company is distinguished by its commitment to quality and innovation, utilising advanced technology in its manufacturing processes. With a strong market position, KT&G is recognised for its substantial contributions to the South Korean economy and its efforts in sustainable practices. The company continues to thrive, maintaining a competitive edge through its unique offerings and strategic global partnerships.
DitchCarbon Score
How does Korea Tobacco And Ginseng'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 Tobacco Products 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 Tobacco And Ginseng's score of 29 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Korea Tobacco And Ginseng's reported carbon emissions
In 2023, Korea Tobacco and Ginseng (KT&G) reported total carbon emissions of approximately 516,237,000 kg CO2e, with Scope 1 emissions at about 67,803,000 kg CO2e and Scope 2 emissions at approximately 110,630,000 kg CO2e. The company also disclosed significant Scope 3 emissions, totalling around 516,237,000 kg CO2e, which includes emissions from capital goods and purchased goods and services. In previous years, KT&G's emissions were notably higher, with total emissions of about 108,568,000 kg CO2e in 2021 and approximately 113,859,000 kg CO2e in 2020. The company has made commitments to achieve net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment was formalised in 2023, aligning with the Science Based Targets initiative (SBTi). KT&G's emissions reduction efforts are ongoing, and while specific near-term reduction targets were not detailed, the company is actively working towards its net-zero goal. The tobacco industry faces increasing scrutiny regarding its environmental impact, making KT&G's commitments particularly significant in the context of global climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 71,724,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 113,062,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 613,499,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Korea Tobacco And Ginseng is committed to some 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.
