AmorePacific Holdings Corp
AmorePacific Holdings's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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.  b | Copy restricted. Please purchase to unlock this data.  b | 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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bVerified Sources Behind AmorePacific Holdings’s Greenhouse Gas (GHG) Emissions Data
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Insights into AmorePacific Holdings's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of AmorePacific Holdings amounted to 54,759 metric 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 2022, the total operational greenhouse gas (GHG) emissions of AmorePacific Holdings decreased by 5.31%, showing that the company has made progress in taking action to reduce the climate impact of its 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 2023, the total Scope 1 emissions of AmorePacific Holdings were 11,786 metric tons of CO₂ equivalent (tCO₂e). a
Has AmorePacific Holdings reduced its Scope 1 emissions over time?
Since 2020, AmorePacific Holdings's Scope 1 emissions have decreased by 10.54%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), AmorePacific Holdings's Scope 1 emissions decreased by 6.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are AmorePacific Holdings's Scope 2 emissions?
In 2023, AmorePacific Holdings reported Scope 2 greenhouse gas (GHG) emissions of 24,393 tCO₂e using the market-based method and 42,973 tCO₂e 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 remained relatively stable, indicating that AmorePacific Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), AmorePacific Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that AmorePacific Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does AmorePacific Holdings use for Scope 2 reporting?
In 2023, 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 2023, AmorePacific Holdings reported 558,258 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of AmorePacific Holdings includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
AmorePacific Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are AmorePacific Holdings's Scope 3 emissions?
In 2023, AmorePacific Holdings reported total Scope 3 emissions of 558,258 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 39.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 60.64% 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 emissions have remained relatively stable, indicating that AmorePacific Holdings 's emissions have plateaued with no significant change in its value chain footprint. a b
Compared to the previous year (2022), AmorePacific Holdings's Scope 3 emissions remained relatively stable, indicating that AmorePacific Holdings 's emissions have plateaued with no significant change in its value chain footprint. a b
What categories of Scope 3 emissions does AmorePacific Holdings disclose?
In 2023, 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 2023, the largest contributors to AmorePacific Holdings's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 321,591 tCO₂e (57.61%)
- Purchased Goods and Services (Cat. 1): 188,800 tCO₂e (33.82%)
- End-of-Life Treatment of Sold Products (Cat. 12): 11,512 tCO₂e (2.06%)
AmorePacific Holdings's Scope 3 Emissions by Categories
Insights into AmorePacific Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2023, AmorePacific Holdings reported Scope 1 greenhouse gas (GHG) emissions of 11,786 tCO₂e and total revenues of USD 3,147 millions. This translates into an emissions intensity of 3.75 tCO₂e 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 2023, AmorePacific Holdings reported a Scope 1 emissions intensity of 3.75 tCO₂e per millions USD. Compared to the peer group median of 6.55 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does AmorePacific Holdings rank on GHG emissions intensity within its industry?
In 2023, AmorePacific Holdings ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, AmorePacific Holdings reported a total carbon footprint of 613,017 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.91% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to AmorePacific Holdings's total carbon footprint was Scope 3 emissions, accounting for 91.07% of the company's total carbon footprint, followed by Scope 2 emissions at 7.01%. a