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In 2023, AmorePacific 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).
However, AmorePacific has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions ofAmorePacific amounted to47,927metric 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 AmorePacificdecreased by 5.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of AmorePacific were 9,316 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2021, AmorePacific's Scope 1 emissions have decreased by 14.76%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2022), AmorePacific's Scope 1 emissions decreased by 9.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, AmorePacific reported Scope 2 greenhouse gas (GHG) emissions of 20,031 tCOâ‚‚e using the market-based method and 38,611 tCOâ‚‚e using the location-based method.a
Since 2021, AmorePacific's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 13.42%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2022), AmorePacific's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that AmorePacific's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, AmorePacific reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, AmorePacific reported 221,073 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 2023 disclosure of AmorePacific includes a breakdown across 0of 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
In 2023, AmorePacific reported total Scope 3 emissions of 221,073 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2021, AmorePacific's Scope 3 emissionshave decreased by 29.78%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), AmorePacific's Scope 3 emissions remained relatively stable, indicating that AmorePacific's emissions have plateaued with no significant change in its value chain footprint.a
In 2023, AmorePacific reported Scope 1 greenhouse gas (GHG) emissions of 9,316 tCOâ‚‚e and total revenues of USD 2,875 millions. This translates into an emissions intensity of 3.24 tCOâ‚‚e per millions USD.a
In 2023, AmorePacific reported a Scope 1 emissions intensity of 3.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.58, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, AmorePacific ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
AmorePacific is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, AmorePacific reported a total carbon footprint of 269,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.19% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to AmorePacific's total carbon footprint was Scope 3 emissions, accounting for 82.18% of the company's total carbon footprint, followed by Scope 2 emissions at 14.35%.a