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 2023, 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)2023202220212020 - 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
Unspecified Calculation Method
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
Download Data

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 2024
a. BGF Retail's Sustainability Report 2024

Insights into BGF Retail's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of BGF Retail amounted to 8,063 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 BGF Retail increased by 232.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

BGF Retail's Scope 1 Emissions Over Time

20212022202305501.1 k1.65 k2.2 ktCO2e+24%+32%
  • Total Scope 1
  • Year-over-Year Change

What are BGF Retail's Scope 1 emissions?

In 2023, the total Scope 1 emissions of BGF Retail were 2,118 metric tons of CO₂ equivalent (tCO₂e). a

Has BGF Retail reduced its Scope 1 emissions over time?

Since 2021, BGF Retail's Scope 1 emissions have increased by 63.68%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), BGF Retail's Scope 1 emissions increased by 32.46%, 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 2023, BGF Retail reported Scope 2 greenhouse gas (GHG) emissions of 5,945 tCO₂e without specifying the calculation method. a

Has BGF Retail reduced its Scope 2 emissions over time?

Since 2021, BGF Retail's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 684.3%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), BGF Retail's Scope 2 emissions (Unspecified Calculation Method) rose by 620.61% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does BGF Retail use for Scope 2 reporting?

In 2023, BGF Retail reported its Scope 2 emissions using an unspecified methodology. a

BGF Retail's Scope 2 Emissions Over Time

20212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into BGF Retail's Value Chain Emissions

In 2023, BGF Retail reported 2,785,571 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 BGF Retail includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

BGF Retail's Scope 3 Emissions Over Time

2021202220230700 k1.4 M2.1 M2.8 MtCO2e+13%+407%
  • Total Scope 3
  • Year-over-Year Change

What are BGF Retail's Scope 3 emissions?

In 2023, BGF Retail reported total Scope 3 emissions of 2,785,571 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 83.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.02% 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 emissions have increased by 470.91%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), BGF Retail's Scope 3 emissions increased by 407.06%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does BGF Retail disclose?

In 2023, 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 2023, the largest contributors to BGF Retail's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 2,270,431 tCO₂e (81.51%)
  • Franchises (Cat. 14): 446,126 tCO₂e (16.02%)
  • Capital Goods (Cat. 2): 35,476 tCO₂e (1.27%)

BGF Retail's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(81.5%)Franchises (Cat. 14)(16.0%)Capital Goods(Cat. 2)(1.3%)

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

In 2023, BGF Retail reported Scope 1 greenhouse gas (GHG) emissions of 2,118 tCO₂e and total revenues of USD 6,412 millions. This translates into an emissions intensity of 0.33 tCO₂e per millions USD. a

BGF Retail's Scope 1 Emissions Intensity Compared to Peers

201,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)202002,00050,000500,000Revenues (Millions of USD)Weis 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: 2023Scope 1: 257,792 tCO2eRevenue: $M 6,149Scope 1 Intensity: 41.93 tCO2e/$MSprouts Farmers MarketYear: 2024Scope 1: 88,079 tCO2eRevenue: $M 7,719Scope 1 Intensity: 11.41 tCO2e/$MSeven & i HoldingsYear: 2022Scope 1: 114,083 tCO2eRevenue: $M 75,702Scope 1 Intensity: 1.51 tCO2e/$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: 2023Scope 1: 75,896 tCO2eRevenue: $M 13,711Scope 1 Intensity: 5.54 tCO2e/$MLoblaw CompaniesYear: 2024Scope 1: 687,940 tCO2eRevenue: $M 42,415Scope 1 Intensity: 16.22 tCO2e/$MEmpireYear: 2023Scope 1: 336,560 tCO2eRevenue: $M 22,490Scope 1 Intensity: 14.97 tCO2e/$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: 2023Scope 1: 2,288,734 tCO2eRevenue: $M 150,039Scope 1 Intensity: 15.25 tCO2e/$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: 2022Scope 1: 19,413 tCO2eRevenue: $M 45Scope 1 Intensity: 431.09 tCO2e/$MWoolworths GroupYear: 2024Scope 1: 463,027 tCO2eRevenue: $M 45,304Scope 1 Intensity: 10.22 tCO2e/$MGeorge WestonYear: 2024Scope 1: 693,090 tCO2eRevenue: $M 42,828Scope 1 Intensity: 16.18 tCO2e/$MColruyt GroupYear: 2023Scope 1: 81 tCO2eRevenue: $M 10,563Scope 1 Intensity: 0.01 tCO2e/$MBGF RetailYear: 2023Scope 1: 2,118 tCO2eRevenue: $M 6,412Scope 1 Intensity: 0.33 tCO2e/$M

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

In 2023, BGF Retail reported a Scope 1 emissions intensity of 0.33 tCO₂e per millions USD. Compared to the peer group median of 15.25 , 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 2023, BGF Retail ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places BGF Retail among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into BGF Retail's Total Carbon Footprint

In 2023, BGF Retail reported a total carbon footprint of 2,793,634 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 406.29% increase compared to 2022, 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 99.71% of the company's total carbon footprint, followed by Scope 2 emissions at 0.21%. a

Want Full Access to BGF Retail's GHG Emissions Dataset?
Sign Up