Kakao
Kakao Corporation, commonly referred to as Kakao, is a leading South Korean technology company headquartered in Jeju, South Korea. Founded in 2010, Kakao has rapidly evolved within the digital landscape, primarily focusing on mobile messaging, social networking, and various online services. The company is renowned for its flagship product, KakaoTalk, a widely used messaging app that integrates diverse functionalities, including payment services and gaming. Kakao's unique ecosystem also encompasses Kakao Games, Kakao Pay, and Kakao Music, positioning it as a significant player in the South Korean tech industry. With a strong market presence and a commitment to innovation, Kakao has achieved notable milestones, including strategic partnerships and expansions into international markets, solidifying its reputation as a pioneer in the digital communication and entertainment sectors.
DitchCarbon Score
How does Kakao'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 Recreation and Sports 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
Kakao's score of 52 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Kakao's reported carbon emissions
In 2023, Kakao reported total carbon emissions of approximately 60,238,000 kg CO2e from Scope 3, 53,426,000 kg CO2e from Scope 2, and 358,000 kg CO2e from Scope 1. This represents a slight decrease in Scope 3 emissions compared to 2022, where they were about 70,517,000 kg CO2e, while Scope 2 emissions also decreased from 67,143,000 kg CO2e. Kakao's emissions profile indicates a significant reliance on Scope 3 emissions, which include categories such as capital goods (about 14,766,000 kg CO2e) and fuel and energy-related activities (approximately 4,237,000 kg CO2e). The company has disclosed emissions data across all three scopes, demonstrating transparency in its reporting. Despite these figures, Kakao has faced challenges in establishing concrete reduction targets. Their near-term climate commitments have been removed, and while they have made a commitment to near-term targets, there is no current net-zero commitment or long-term reduction target in place. This indicates a need for Kakao to enhance its climate strategy and set ambitious goals to align with global climate standards. Overall, while Kakao has made strides in emissions reporting, the absence of robust reduction targets highlights an area for improvement in their climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 220,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,413,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 82,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Kakao is participating in some of the initiatives that 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.
