SM Entertainment
SM Entertainment, officially known as SM Entertainment Co., Ltd., is a leading South Korean entertainment company headquartered in Seoul, KR. Founded in 1995 by Lee Soo-man, the company has played a pivotal role in shaping the K-pop industry, with significant milestones including the debut of iconic groups such as H.O.T., Girls' Generation, and EXO. Operating primarily in the music and entertainment sectors, SM Entertainment excels in talent management, music production, and concert promotion. Its unique approach to artist development and innovative marketing strategies have set it apart in a competitive market. With a strong global presence, particularly in Asia and North America, SM Entertainment has solidified its position as a powerhouse in the entertainment industry, consistently achieving remarkable success and recognition for its artists.
DitchCarbon Score
How does SM Entertainment'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 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
SM Entertainment's score of 25 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SM Entertainment's reported carbon emissions
In 2023, SM Entertainment reported total carbon emissions of approximately 1,323,200 kg CO2e, comprising about 834,100 kg CO2e from Scope 1 and about 489,100 kg CO2e from Scope 2 emissions. This marked a significant reduction from previous years, with total emissions in 2022 being about 1,875,600 kg CO2e, which included approximately 757,100 kg CO2e from Scope 1 and about 1,185,500 kg CO2e from Scope 2. In 2021, the company emitted about 2,418,000 kg CO2e, with Scope 1 emissions at approximately 1,147,585,100 kg CO2e and Scope 2 emissions at about 1,639,400 kg CO2e. The emissions for 2020 were notably higher, totalling around 3,057,000 kg CO2e, with Scope 1 emissions reaching approximately 1,734,768,800 kg CO2e and Scope 2 emissions at about 1,064,400 kg CO2e. Despite these reductions, SM Entertainment has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its sustainability practices, although detailed plans or targets have not been disclosed.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,529,000 | 0,000,000,000 | 0,000,000,000 | 000,000 | 000,000 |
| Scope 2 | 2,157,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
SM Entertainment 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.
