Korea Trade Insurance Corporation
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 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Korea Trade Insurance Corporation's reported carbon emissions
In 2015, the Korea Trade Insurance Corporation (K-SURE) reported total carbon emissions of approximately 3,148,000 kg CO2e, comprising 529,000 kg CO2e from Scope 1 emissions and 2,599,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2014, where emissions were about 3,052,000 kg CO2e, with Scope 1 at 563,000 kg CO2e and Scope 2 at 2,490,000 kg CO2e. The trend indicates a commitment to reducing emissions over the years, with a notable decrease in Scope 1 emissions from 638,000 kg CO2e in 2013 to 529,000 kg CO2e in 2015. Despite these reductions, K-SURE has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed climate commitments suggests a need for further transparency in their sustainability efforts. Overall, K-SURE's emissions data reflects a proactive approach to managing carbon footprints, aligning with industry standards for climate responsibility.
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| 2013 | 2014 | 2015 | |
|---|---|---|---|
| Scope 1 | 638,000 | 000,000 | 000,000 |
| Scope 2 | 2,450,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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 Trade Insurance Corporation is not committed to any 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.
