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AmorePacific Holdings Corp
AmorePacific Holdings's GHG Emissions Data Preview
In 2024, AmorePacific Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
AmorePacific Holdings has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind AmorePacific Holdings’s Greenhouse Gas (GHG) Emissions Data
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Insights into AmorePacific Holdings's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofAmorePacific Holdings amounted to153,502metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of AmorePacific Holdingsincreased by 49.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
AmorePacific Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are AmorePacific Holdings's Scope 1 emissions?
In 2024, the total Scope 1 emissions of AmorePacific Holdings were 31,687 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has AmorePacific Holdings reduced its Scope 1 emissions over time?
Since 2020, AmorePacific Holdings's Scope 1 emissions have increased by 140.53%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), AmorePacific Holdings's Scope 1 emissions increased by 50.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are AmorePacific Holdings's Scope 2 emissions?
In 2024, AmorePacific Holdings reported Scope 2 greenhouse gas (GHG) emissions of 46,499 tCOâ‚‚e using the market-based method and 121,815 tCOâ‚‚e using the location-based method.a
Has AmorePacific Holdings reduced its Scope 2 emissions over time?
Since 2020, AmorePacific Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 160.72%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), AmorePacific Holdings's Scope 2 emissions(Location-Based) rose by 49.31% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does AmorePacific Holdings use for Scope 2 reporting?
In 2024, AmorePacific Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
AmorePacific Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into AmorePacific Holdings's Value Chain Emissions
In 2024, AmorePacific Holdings reported 651,430 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of AmorePacific Holdings includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
AmorePacific Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are AmorePacific Holdings's Scope 3 emissions?
In 2024, AmorePacific Holdings reported total Scope 3 emissions of 651,430 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 56.7%of these emissions originated from upstream activities such as purchased goods and capital goods, while 43.3%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has AmorePacific Holdings reduced its Scope 3 emissions over time?
Since 2020, AmorePacific Holdings's Scope 3 emissionshave remained relatively stable, indicating that AmorePacific Holdings's emissions have plateaued with no significant change in its value chain footprint.ab
Compared to the previous year (2023), AmorePacific Holdings's Scope 3 emissions increased by 42.31%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does AmorePacific Holdings disclose?
In 2024, AmorePacific Holdings reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of AmorePacific Holdings's Scope 3 emissions?
In 2024, the largest contributors to AmorePacific Holdings's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 333,487 tCOâ‚‚e(51.19%)
- Use of Sold Products (Cat. 11): 254,834 tCOâ‚‚e(39.12%)
- Downstream Leased Assets (Cat. 13): 14,053 tCOâ‚‚e(2.16%)
AmorePacific Holdings's Scope 3 Emissions by Categories
Insights into AmorePacific Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2024, AmorePacific Holdings reported Scope 1 greenhouse gas (GHG) emissions of 31,687 tCOâ‚‚e and total revenues of USD 2,903 millions. This translates into an emissions intensity of 10.92 tCOâ‚‚e per millions USD.a
AmorePacific Holdings's Scope 1 Emissions Intensity Compared to Peers
How does AmorePacific Holdings's GHG emissions intensity compare to its peers?
In 2024, AmorePacific Holdings reported a Scope 1 emissions intensity of 10.92 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.58, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does AmorePacific Holdings rank on GHG emissions intensity within its industry?
In 2024, AmorePacific Holdings ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
AmorePacific Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into AmorePacific Holdings's Total Carbon Footprint
In 2024, AmorePacific Holdings reported a total carbon footprint of 804,932 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 43.63% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to AmorePacific Holdings's total carbon footprint was Scope 3 emissions, accounting for 80.93% of the company's total carbon footprint, followed by Scope 2 emissions at 15.13%.a