LX Pantos Co., Ltd. Sustainability Profile
LX Pantos Co., Ltd., headquartered in South Korea, is a leading logistics and supply chain management company, renowned for its comprehensive services in freight forwarding, warehousing, and distribution. Established in 1989, LX Pantos has expanded its operations across major regions, including Asia, Europe, and North America, solidifying its position in the global logistics industry. The company offers a unique blend of core services, including air and sea freight, customs brokerage, and integrated logistics solutions, tailored to meet the diverse needs of its clients. LX Pantos is distinguished by its commitment to innovation and efficiency, leveraging advanced technology to optimise supply chain processes. With a strong market presence and a reputation for reliability, LX Pantos continues to achieve significant milestones, positioning itself as a trusted partner in the logistics sector.
DitchCarbon Score
How does LX Pantos Co., Ltd.'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 Air Transport 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
LX Pantos Co., Ltd.'s score of 30 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LX Pantos Co., Ltd.'s reported carbon emissions
In 2023, LX Pantos Co., Ltd. reported total carbon emissions of approximately 137,000,000 kg CO2e, comprising 37,626,000 kg CO2e from Scope 1, 73,883,000 kg CO2e from Scope 2, and 91,357,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (57,491,000 kg CO2e) and downstream transportation and distribution (26,474,000 kg CO2e). Comparatively, in 2022, the company recorded total emissions of about 131,000,000 kg CO2e, with Scope 1 emissions at 42,665,000 kg CO2e, Scope 2 at 76,076,000 kg CO2e, and Scope 3 at 89,278,000 kg CO2e. This indicates a slight increase in emissions year-on-year. LX Pantos has set ambitious climate commitments, aiming for net-zero emissions in the transport sector by 2025 through a transition to 100% electric or hydrogen fuel cell vehicles, impacting both Scope 1 and Scope 2 emissions. Additionally, LX Hausys, a related entity, plans to reduce its Scope 2 emissions by 30% from a 2021 baseline by 2025 and achieve net-zero emissions by 2050 across all scopes. The emissions data for LX Pantos is cascaded from its parent company, reflecting a commitment to sustainability within its corporate family. The company is actively working towards reducing its carbon footprint while aligning with industry standards for climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 49,183,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 82,104,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 120,320,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is LX Pantos Co., Ltd.'s Industry?
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LX Pantos Co., Ltd.'s Scope 3 Categories Breakdown
LX Pantos Co., Ltd.'s Scope 3 emissions, which increased by 2% last year and decreased by approximately 24% since 2021, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
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LX Pantos Co., Ltd.'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.
LX Pantos Co., Ltd. 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.
