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, SM has played a pivotal role in shaping the K-pop industry, producing globally renowned artists and groups such as EXO, Red Velvet, and NCT. The company operates primarily in the music production, artist management, and concert promotion sectors, distinguishing itself with innovative training systems and a strong focus on digital content. SM Entertainment has achieved significant milestones, including pioneering the "idol" training system and expanding its influence internationally. With a robust market position, SM continues to set trends in the entertainment landscape, leveraging its unique blend of talent development and cutting-edge technology to deliver exceptional music and performances.
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 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
SM Entertainment's score of 27 is higher than 91% 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. This marked a significant reduction from 2022, where emissions were approximately 1,875,600 kg CO2e, with Scope 1 emissions at about 757,100 kg CO2e and Scope 2 at about 1,185,500 kg CO2e. In 2021, the company had much higher emissions, totalling approximately 1,147,585,100 kg CO2e for Scope 1 and about 1,639,400 kg CO2e for Scope 2. This indicates a positive trend towards reducing their carbon footprint over the past few years. Despite these reductions, SM Entertainment has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of such targets suggests that while the company is making strides in emissions reduction, there is potential for further commitment to structured climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,147,585,100 | 000,000 | 000,000 |
| Scope 2 | 1,639,400 | 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.
