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 64 is higher than 96% 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 greenhouse gas emissions of approximately 516,237,000 kg CO2e, with emissions distributed across various scopes: 72,087,000 kg CO2e (Scope 1), 113,585,000 kg CO2e (Scope 2), and 516,237,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by FY2045. KT&G has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by FY2030, using FY2020 as the baseline. Additionally, it aims to cut Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and the use of sold products by 25% by FY2030, with FY2022 as the reference year. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by FY2045 and a similar 90% reduction in Scope 3 emissions by the same year. These commitments align with industry standards and reflect KT&G's proactive approach to addressing climate change, demonstrating a clear pathway towards significant emissions reductions in the coming decades.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
