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BGF Retail Co Ltd

Common Name
BGF Retail
Country
South Korea
Sector
Consumer Defensive
Industry
Grocery Stores
Employees
2,585
Ticker
282330
Exchange
KOREA EXCHANGE
Description
BGF Retail Co. Ltd. is a leading retail company in South Korea, recognized for its extensive chain of convenience stores known as CU. Established as a retailer, the primary purpose of BGF Retail is to...

BGF Retail's GHG Emissions Data Preview

In 2024, BGF Retail 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).

BGF Retail has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind BGF Retail’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BGF Retail’s data sources below and access millions more through our Disclosure Search.

a. BGF Retail's Sustainability Report 2025
a. BGF Retail's Sustainability Report 2025
b. BGF Retail's Sustainability Report 2024
b. BGF Retail's Sustainability Report 2024

Insights into BGF Retail's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBGF Retail amounted to66,364metric 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 BGF Retailincreased by 4.05%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

BGF Retail's Scope 1 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e+7%+12%+3%
  • Total Scope 1
  • Year-over-Year Change

What are BGF Retail's Scope 1 emissions?

In 2024, the total Scope 1 emissions of BGF Retail were 42,387 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has BGF Retail reduced its Scope 1 emissions over time?

Since 2021, BGF Retail's Scope 1 emissions have increased by 23.04%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), BGF Retail's Scope 1 emissions increased by 2.58%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are BGF Retail's Scope 2 emissions?

In 2024, BGF Retail reported Scope 2 greenhouse gas (GHG) emissions of 23,960 tCOâ‚‚e using the market-based method and 23,977 tCOâ‚‚e using the location-based method.a

Has BGF Retail reduced its Scope 2 emissions over time?

Compared to the previous year(2023), BGF Retail's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that BGF Retail's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does BGF Retail use for Scope 2 reporting?

In 2024, BGF Retail reported its Scope 2 emissions using the market-based method and using the location-based method.a

BGF Retail's Scope 2 Emissions Over Time

202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into BGF Retail's Value Chain Emissions

In 2024, BGF Retail reported 2,907,282 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 BGF Retail includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

BGF Retail's Scope 3 Emissions Over Time

20212022202320240750 k1.5 M2.25 M3 MtCO2e+13%+407%+4%
  • Total Scope 3
  • Year-over-Year Change

What are BGF Retail's Scope 3 emissions?

In 2024, BGF Retail reported total Scope 3 emissions of 2,907,282 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 81.48%of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.52%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has BGF Retail reduced its Scope 3 emissions over time?

Since 2021, BGF Retail's Scope 3 emissionshave increased by 495.85%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), BGF Retail's Scope 3 emissions remained relatively stable, indicating that BGF Retail's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does BGF Retail disclose?

In 2024, BGF Retail reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of BGF Retail's Scope 3 emissions?

In 2024, the largest contributors to BGF Retail's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,312,975 tCOâ‚‚e(79.56%)
  • Franchises (Cat. 14): 538,087 tCOâ‚‚e(18.51%)
  • Upstream Transportation and Distribution (Cat. 4): 27,670 tCOâ‚‚e(0.95%)

BGF Retail's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(79.6%)Franchises (Cat. 14)(18.5%)

Insights into BGF Retail’s GHG Emissions Intensity Compared to Industry Peers

In 2024, BGF Retail reported Scope 1 greenhouse gas (GHG) emissions of 42,387 tCOâ‚‚e and total revenues of USD 5,928 millions. This translates into an emissions intensity of 7.15 tCOâ‚‚e per millions USD.a

BGF Retail's Scope 1 Emissions Intensity Compared to Peers

1,00010,000100,0001,000,00010,000,000Scope 1 Emissions (tCO2e)5002,00010,000100,000500,000Revenues (Millions of USD)GWeis MarketsYear: 2023Scope 1: 116,710 tCO2eRevenue: $M 4,697Scope 1 Intensity: 24.85 tCO2e/$MLotte Chilsung BeverageYear: 2024Scope 1: 50,129 tCO2eRevenue: $M 2,743Scope 1 Intensity: 18.28 tCO2e/$MCasino Guichard PerrachonYear: 2024Scope 1: 62,402 tCO2eRevenue: $M 8,908Scope 1 Intensity: 7.01 tCO2e/$MMigros TicaretYear: 2024Scope 1: 264,042 tCO2eRevenue: $M 8,307Scope 1 Intensity: 31.79 tCO2e/$MAxfoodYear: 2024Scope 1: 5,430 tCO2eRevenue: $M 7,627Scope 1 Intensity: 0.71 tCO2e/$MSprouts Farmers MarketYear: 2024Scope 1: 88,079 tCO2eRevenue: $M 7,719Scope 1 Intensity: 11.41 tCO2e/$MSeven & i HoldingsYear: 2023Scope 1: 106,818 tCO2eRevenue: $M 86,647Scope 1 Intensity: 1.23 tCO2e/$MGrupo Comercial ChedrauiYear: 2024Scope 1: 386,173 tCO2eRevenue: $M 13,593Scope 1 Intensity: 28.41 tCO2e/$MMetroYear: 2024Scope 1: 264,354 tCO2eRevenue: $M 15,689Scope 1 Intensity: 16.85 tCO2e/$MSumber Alfaria TrijayaYear: 2024Scope 1: 6,470 tCO2eRevenue: $M 7,350Scope 1 Intensity: 0.88 tCO2e/$MSendas DistribuidoraYear: 2024Scope 1: 75,937 tCO2eRevenue: $M 11,949Scope 1 Intensity: 6.36 tCO2e/$MGGGrocery Outlet HoldingYear: 2024Scope 1: 16,954 tCO2eRevenue: $M 4,372Scope 1 Intensity: 3.88 tCO2e/$MDino PolskaYear: 2024Scope 1: 47,304 tCO2eRevenue: $M 7,116Scope 1 Intensity: 6.65 tCO2e/$MEmpireYear: 2024Scope 1: 314,387 tCO2eRevenue: $M 22,307Scope 1 Intensity: 14.09 tCO2e/$MKeskoYear: 2024Scope 1: 56,637 tCO2eRevenue: $M 12,404Scope 1 Intensity: 4.57 tCO2e/$MColes GroupYear: 2024Scope 1: 196,000 tCO2eRevenue: $M 29,062Scope 1 Intensity: 6.74 tCO2e/$MBIM Birlesik MagazalarYear: 2024Scope 1: 351,067 tCO2eRevenue: $M 14,691Scope 1 Intensity: 23.90 tCO2e/$MH2O RetailingYear: 2024Scope 1: 54,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 12.44 tCO2e/$MKrogerYear: 2024Scope 1: 2,240,536 tCO2eRevenue: $M 147,123Scope 1 Intensity: 15.23 tCO2e/$MCP AllYear: 2024Scope 1: 437,291 tCO2eRevenue: $M 27,931Scope 1 Intensity: 15.66 tCO2e/$MOcado GroupYear: 2024Scope 1: 103,957 tCO2eRevenue: $M 1,542Scope 1 Intensity: 67.41 tCO2e/$MBlue Zones HoldingsYear: 2024Scope 1: 20,295 tCO2eRevenue: $M 4,091Scope 1 Intensity: 4.96 tCO2e/$MWoolworths GroupYear: 2025Scope 1: 442,289 tCO2eRevenue: $M 45,472Scope 1 Intensity: 9.73 tCO2e/$MGeorge WestonYear: 2024Scope 1: 693,090 tCO2eRevenue: $M 42,828Scope 1 Intensity: 16.18 tCO2e/$MColruyt GroupYear: 2025Scope 1: 84,336 tCO2eRevenue: $M 11,867Scope 1 Intensity: 7.11 tCO2e/$MBGF RetailYear: 2024Scope 1: 42,387 tCO2eRevenue: $M 5,928Scope 1 Intensity: 7.15 tCO2e/$M

How does BGF Retail's GHG emissions intensity compare to its peers?

In 2024, BGF Retail reported a Scope 1 emissions intensity of 7.15 tCOâ‚‚e per millions USD. Compared to the peer group median of 11.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does BGF Retail rank on GHG emissions intensity within its industry?

In 2024, BGF Retail ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

BGF Retail is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into BGF Retail's Total Carbon Footprint

In 2024, BGF Retail reported a total carbon footprint of 2,973,646 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.36% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to BGF Retail's total carbon footprint was Scope 3 emissions, accounting for 97.77% of the company's total carbon footprint, followed by Scope 1 emissions at 1.43%.a

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