Korea Tobacco And Ginseng

Korea Tobacco And Ginseng (KT&G), headquartered in KR and operating in the Tobacco products industry, reported total carbon emissions of approximately 962,920,000 kg CO2e in 2024. This figure includes 68,330,000 kg CO2e from Scope 1, 114,088,000 kg CO2e from Scope 2 (market-based), and 780,502,000 kg CO2e from Scope 3 emissions. In 2023, the company's total emissions were about 701,909,000 kg CO2e, comprising 72,087,000 kg CO2e from Scope 1, 113,585,000 kg CO2e from Scope 2 (market-based), and 516,237,000 kg CO2e from Scope 3.

KT&G has set Science Based Targets initiative (SBTi) approved targets to reduce its climate impact. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by FY2045. As part of its near-term goals, KT&G aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030, using FY2020 as a baseline year. Additionally, it commits to reducing absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and use of sold products by 25% by FY2030, with FY2022 as the base year. For its long-term targets, KT&G plans to reduce absolute Scope 1 and 2 GHG emissions by 90% by FY2045 from a FY2020 base year, and absolute Scope 3 GHG emissions by 90% by FY2045 from a FY2022 base year. The target boundaries include land-related emissions and removals from bioenergy feedstocks. These targets are consistent with reductions required to keep global warming to 1.5°C.