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Public Profile
Services Auxiliary to Financial Intermediation
KR
updated 2 months ago

KOTRA Sustainability Profile

Company website

KOTRA, or the Korea Trade-Investment Promotion Agency, is a pivotal institution headquartered in Seoul, South Korea (KR). Established in 1962, KOTRA has played a significant role in enhancing South Korea's global trade and investment landscape, with operational regions spanning across major markets worldwide. As a leader in the trade promotion industry, KOTRA focuses on facilitating international business opportunities for Korean companies, offering a range of services including market research, trade fairs, and investment consulting. Its unique approach combines local expertise with global insights, enabling businesses to navigate complex international markets effectively. KOTRA's commitment to fostering economic growth has positioned it as a key player in South Korea's export strategy, contributing to the nation's impressive trade achievements. With a strong reputation for supporting SMEs and innovative enterprises, KOTRA continues to drive South Korea's economic development on the global stage.

DitchCarbon Score

How does KOTRA'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.

29

Industry Average

Mean score of companies in the Services Auxiliary to Financial Intermediation 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.

32

Industry Benchmark

KOTRA's score of 29 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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KOTRA's reported carbon emissions

In 2022, KOTRA (Korea Trade-Investment Promotion Agency) reported total carbon emissions of approximately 19,000,000 kg CO2e. This total comprises 323,170 kg CO2e from Scope 1 emissions, 2,401,860 kg CO2e from Scope 2 emissions, and 17,770,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily attributed to purchased goods and services. KOTRA's emissions data shows a reduction in total emissions from 2021, where they reported approximately 18,831,000 kg CO2e, indicating a commitment to decreasing their carbon footprint. However, specific reduction targets or initiatives have not been disclosed, and there are no cascading emissions data from a parent organization. KOTRA's climate commitments are not explicitly outlined in terms of reduction targets or pledges, suggesting a need for further development in their sustainability strategy. The agency's focus on emissions reporting reflects an awareness of climate impact, but additional measures may be necessary to align with industry standards for climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2012201320142016201720182019202020212022
Scope 1
564,000
000,000
000,000
000,000
000,000
000,000
000,000
000,000
000,000
000,000
Scope 2
2,581,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-
-
-
0,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is KOTRA's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. KOTRA's primary industry is Services Auxiliary to Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is KOTRA's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for KOTRA is in KR, which we do not have grid emissions data for.

KOTRA's Scope 3 Categories Breakdown

KOTRA's Scope 3 emissions, which increased by 20% last year and increased by approximately 466% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2022
Purchased Goods and Services
100%

KOTRA'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.

KOTRA 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare KOTRA's Emissions with Industry Peers

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World Bank

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Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

The Korea Development Bank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

Korea International Trade Association

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•
Membership organisation services n.e.c. (91)
Updated 20 days ago

International Monetary Fund

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•
Services auxiliary to financial intermediation (67)
Updated 21 days ago

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