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OrganisationsKorea Tobacco And Ginseng
Korea Tobacco And Ginseng logo

Korea Tobacco And Ginseng

Tobacco ProductsSouth KoreaKRX: 033780
Last verified 8 months agoktng.com

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.

60
DitchCarbon score

+10 vs industry average

Korea Tobacco And Ginseng’s score of 60 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Tobacco Products has below-average carbon intensity

Industry performance

0.334
20182025

The Tobacco Products industry has reduced its overall emissions by 36% since 2018

Emissions trajectory 2020 – 2027

0.0B000.0M000M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Korea Tobacco And Ginseng's reported carbon emissions

In 2024, Korea Tobacco and Ginseng (KT&G) reported total carbon emissions of approximately 962.9 million kg CO2e. This figure includes Scope 1 emissions of about 68.3 million kg CO2e, Scope 2 emissions of approximately 114.1 million kg CO2e, and significant Scope 3 emissions amounting to about 780.5 million kg CO2e.

KT&G has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2045. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by FY2030 from a FY2020 baseline. Additionally, it plans to cut absolute Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and the use of sold products by 25% by FY2030, using FY2022 as the base year.

For long-term goals, KT&G aims to achieve a 90% reduction in both Scope 1 and 2 emissions by FY2045, alongside a similar 90% reduction in Scope 3 emissions by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the tobacco industry.

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Korea Tobacco And Ginseng’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Korea Tobacco And Ginseng yet.

Scope 3 top emissions categories

15 of 15 categories disclosed
Use of Sold Products48%
Purchased Goods & Services28%
End-of-Life Treatment7%
Capital Goods5%
Fuel & Energy Activities4%
Investments3%
Upstream Transportation & Distribution2%
Employee Commuting2%
Use of Sold Products48%
Purchased Goods & Services28%
End-of-Life Treatment7%
Capital Goods5%
Fuel & Energy Activities4%
Investments3%
Upstream Transportation & Distribution2%
Employee Commuting2%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

FY2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Korea Tobacco And Ginseng logoKorea Tobacco And Ginseng
KRTobacco Products
8 months ago
60
Imperial Brands logoImperial Brands
GBTobacco and Tobacco Product Merchant Wholesalers
22 seconds ago
92
View
Universal Music logoUniversal Music
NLBusiness Services
8 days ago
84
View
Samsonite logoSamsonite
CNFurniture Manufacturing
8 days ago
57
View
Altria logoAltria
USTobacco Products
7 days ago
56
View
Swedish Match logoSwedish Match
SETobacco Products
3 days ago
51
View
Lg Household And Health Care logoLg Household And Health Care
KROther Services
3 days ago
29
View

Frequently asked questions

Common questions about Korea Tobacco And Ginseng’s sustainability data and climate commitments

In 2024, Korea Tobacco And Ginseng reported total carbon emissions of approximately 962.9 million kg CO₂e. This includes Scope 1 emissions of about 68.3 million kg CO₂e, Scope 2 emissions of roughly 114.1 million kg CO₂e, and significant Scope 3 emissions amounting to about 780.5 million kg CO₂e. The vast majority of emissions stem from Scope 3, highlighting the importance of addressing supply chain impacts in their sustainability strategy.

Data year: 2024

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