Korea Trade Insurance Corporation Sustainability Profile
The Korea Trade Insurance Corporation (K-SURE), headquartered in South Korea, plays a pivotal role in the trade insurance industry. Established in 1992, K-SURE has significantly contributed to the growth of international trade by providing comprehensive insurance solutions tailored for exporters and investors. With a strong presence in major operational regions across Asia, Europe, and North America, K-SURE offers a range of core products, including export credit insurance, investment insurance, and guarantees. K-SURE's unique approach combines risk assessment with financial support, ensuring that businesses can navigate the complexities of global markets. As a leading entity in trade insurance, K-SURE has achieved notable milestones, including its role in enhancing South Korea's export competitiveness. With a commitment to fostering international trade, K-SURE continues to be a trusted partner for businesses seeking to expand their global footprint.
DitchCarbon Score
How does Korea Trade Insurance Corporation'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 Business Services 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 Trade Insurance Corporation's score of 20 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Korea Trade Insurance Corporation's reported carbon emissions
In 2020, the Korea Trade Insurance Corporation (KTIC) reported total carbon emissions of approximately 3,426,000 kg CO2e. This figure comprises 554,000 kg CO2e from Scope 1 emissions and 2,872,000 kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. Over the years, KTIC has demonstrated a commitment to reducing its carbon footprint. In 2019, the total emissions were approximately 3,510,000 kg CO2e, and in 2018, they were about 3,498,000 kg CO2e. This indicates a reduction of approximately 84,000 kg CO2e from 2019 to 2020. Despite these reductions, KTIC has not set specific science-based targets or formal climate pledges, nor does it inherit emissions data from a parent organization. The corporation's emissions data reflects its independent operations within the South Korean context, where climate commitments are increasingly prioritised.
How Carbon Intensive is Korea Trade Insurance Corporation's Industry?
How Carbon Intensive is Korea Trade Insurance Corporation's Location?
Korea Trade Insurance Corporation'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 Trade Insurance Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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