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Shinsegae, officially known as Shinsegae Co., Ltd., is a prominent player in the South Korean business landscape, headquartered in Seoul, KR. Established in 1930, the company has evolved significantly, becoming a leader in the retail and other business services sector (NAICS 74). With a strong presence across major operational regions in South Korea, Shinsegae is renowned for its department stores, hypermarkets, and online retail platforms.
The company offers a diverse range of products and services, including fashion, cosmetics, and home goods, distinguished by their commitment to quality and customer experience. Notably, Shinsegae has achieved remarkable milestones, such as the launch of its flagship store in Gangnam, which showcases innovative retail concepts. As a market leader, Shinsegae continues to set trends in the industry, solidifying its reputation as a pioneer in the retail sector.
40
DitchCarbon score
+4 vs industry average
Shinsegae’s score of 40 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Business Services is among the least carbon-intensive industries
Industry performance
0.146
20182025
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Shinsegae's reported carbon emissions
Shinsegae's 2024 emissions data shows Scope 1 emissions of 54,000 kg CO2e, Scope 2 emissions (location-based) of 8,810,000 kg CO2e, and Scope 3 emissions of 1,046,000 kg CO2e. In 2023, the Korean-based "Other business services (74)" company reported Scope 1 emissions of 72,000 kg CO2e, Scope 2 emissions (location-based) of 8,174,000 kg CO2e, and Scope 3 emissions of 979,000 kg CO2e. For 2022, their Scope 1 emissions were 49,000 kg CO2e, Scope 2 emissions (location-based) were 6,769,000 kg CO2e, and Scope 3 emissions were 807,000 kg CO2e.
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Shinsegae’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Shinsegae yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Shinsegae4 days ago
40
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