Korea Tobacco And Ginseng Sustainability Profile
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 82 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Korea Tobacco And Ginseng's reported carbon emissions
In 2024, Korea Tobacco and Ginseng (KT&G) reported total greenhouse gas emissions of approximately 962,920,000 kg CO2e. This includes 68,330,000 kg CO2e from Scope 1 emissions, 114,088,000 kg CO2e from Scope 2 emissions (market-based), and a significant 780,502,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve a 90% reduction in absolute Scope 1 and Scope 2 emissions by FY2045, using FY2020 as the baseline. Additionally, KT&G targets a 90% reduction in Scope 3 emissions by FY2045, with a 25% reduction goal by FY2030 from a FY2022 baseline for emissions related to purchased goods and services, fuel and energy-related activities, and the use of sold products. For near-term targets, KT&G commits to a 42% reduction in absolute Scope 1 and Scope 2 emissions by FY2030 from the same FY2020 baseline. The company is also on track to reach net-zero greenhouse gas emissions across its value chain by FY2045. These targets align with the Science Based Targets initiative (SBTi) and reflect KT&G's commitment to sustainable practices within the tobacco industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 74,583,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 122,445,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 613,499,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Korea Tobacco And Ginseng's Industry?
How Carbon Intensive is Korea Tobacco And Ginseng's Location?
Korea Tobacco And Ginseng's Scope 3 Categories Breakdown
Korea Tobacco And Ginseng's Scope 3 emissions, which increased by 51% last year and increased by approximately 27% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 48% of Scope 3 emissions.
Top Scope 3 Categories
Korea Tobacco And Ginseng'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 Tobacco And Ginseng 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.
Frequently Asked Questions
Common questions about Korea Tobacco And Ginseng's sustainability data and climate commitments