Korea Tobacco And Ginseng

Korea Tobacco And Ginseng (KT&G), headquartered in South Korea and operating in the Tobacco products industry, reported total carbon emissions of approximately 962.9 million kg CO2e in 2024. This includes Scope 1 emissions of 68.3 million kg CO2e, Scope 2 emissions of 114.1 million kg CO2e (market-based), and Scope 3 emissions of 780.5 million kg CO2e. In 2023, the company's total emissions were approximately 701.9 million kg CO2e.

KT&G has set Science Based Targets initiative (SBTi) approved targets. The company commits to reach net-zero greenhouse gas emissions across its value chain by fiscal year (FY) 2045. For near-term targets, KT&G aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2020 base year. Additionally, it plans to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and use of sold products by 25% by FY2030 from a FY2022 base year. Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by FY2045 from a FY2020 base year, and a 90% reduction in absolute Scope 3 GHG emissions by FY2045 from a FY2022 base year. These targets are consistent with reductions required to keep warming to 1.5°C.