GS Engineering & Construction Corp

Common Name
GS Engineering & Construction
Country
South Korea
Sector
Industrials
Industry
Engineering & Construction
Employees
3,667
Ticker
006360
Exchange
KOREA EXCHANGE
Description
GS Engineering & Construction Corporation is a prominent player in the global construction and engineering sector. Its primary function is to provide comprehensive solutions in civil engineering, incl...

GS Engineering & Construction's GHG Emissions Data Preview

In 2023, GS Engineering & Construction 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).

GS Engineering & Construction 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
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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Verified Sources Behind GS Engineering & Construction’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 GS Engineering & Construction’s data sources below and access millions more through our Disclosure Search.

a. GS Engineering & Construction's Integrated Report 2024
a. GS Engineering & Construction's Integrated Report 2024
b. GS Engineering & Construction's Integrated Report 2022
b. GS Engineering & Construction's Integrated Report 2022

Insights into GS Engineering & Construction's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of GS Engineering & Construction amounted to 125,380 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 GS Engineering & Construction increased by 3.83%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

GS Engineering & Construction's Scope 1 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e-18%-16%-6%+11%0%
  • Total Scope 1
  • Year-over-Year Change

What are GS Engineering & Construction's Scope 1 emissions?

In 2023, the total Scope 1 emissions of GS Engineering & Construction were 51,720 metric tons of CO₂ equivalent (tCO₂e). a

Has GS Engineering & Construction reduced its Scope 1 emissions over time?

Since 2018, GS Engineering & Construction's Scope 1 emissions have decreased by 27.71%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), GS Engineering & Construction's Scope 1 emissions remained relatively stable, indicating that GS Engineering & Construction's emissions have plateaued with no significant change in its operational footprint. a

What are GS Engineering & Construction's Scope 2 emissions?

In 2023, GS Engineering & Construction reported Scope 2 greenhouse gas (GHG) emissions of 73,660 tCO₂e using the location-based method. a

Has GS Engineering & Construction reduced its Scope 2 emissions over time?

Compared to the previous year (2022), GS Engineering & Construction's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that GS Engineering & Construction 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does GS Engineering & Construction use for Scope 2 reporting?

In 2023, GS Engineering & Construction reported its Scope 2 emissions using the location-based method. a

GS Engineering & Construction's Scope 2 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into GS Engineering & Construction's Value Chain Emissions

In 2023, GS Engineering & Construction reported 4,857,310 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 GS Engineering & Construction includes a breakdown across 9 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

GS Engineering & Construction's Scope 3 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e-19%-21%+4235%-9%+41%
  • Total Scope 3
  • Year-over-Year Change

What are GS Engineering & Construction's Scope 3 emissions?

In 2023, GS Engineering & Construction reported total Scope 3 emissions of 4,857,310 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 41.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 58.83% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has GS Engineering & Construction reduced its Scope 3 emissions over time?

Since 2018, GS Engineering & Construction's Scope 3 emissions have increased by 3,496.54%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), GS Engineering & Construction's Scope 3 emissions increased by 41.14%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does GS Engineering & Construction disclose?

In 2023, GS Engineering & Construction 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 GS Engineering & Construction's Scope 3 emissions?

In 2023, the largest contributors to GS Engineering & Construction's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 2,856,494 tCO₂e (58.81%)
  • Purchased Goods and Services (Cat. 1): 1,908,154 tCO₂e (39.28%)
  • Upstream Transportation and Distribution (Cat. 4): 51,050 tCO₂e (1.05%)

GS Engineering & Construction's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(39.3%)UpstreamTransportation andDistribution(Cat. 4)(1.1%)Use of Sold Products(Cat. 11)(58.8%)

Insights into GS Engineering & Construction’s GHG Emissions Intensity Compared to Industry Peers

In 2023, GS Engineering & Construction reported Scope 1 greenhouse gas (GHG) emissions of 51,720 tCO₂e and total revenues of USD 10,515 millions. This translates into an emissions intensity of 4.92 tCO₂e per millions USD. a

GS Engineering & Construction's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HPKPSYear: 2024Scope 1: 3,864 tCO2eRevenue: $M 1,061Scope 1 Intensity: 3.64 tCO2e/$MCJ LogisticsYear: 2023Scope 1: 107,186 tCO2eRevenue: $M 9,209Scope 1 Intensity: 11.64 tCO2e/$MHMMYear: 2023Scope 1: 5,456,615 tCO2eRevenue: $M 6,574Scope 1 Intensity: 829.99 tCO2e/$MDL E&CYear: 2024Scope 1: 54,004 tCO2eRevenue: $M 5,669Scope 1 Intensity: 9.53 tCO2e/$MSamsung C&TYear: 2023Scope 1: 100,589 tCO2eRevenue: $M 32,787Scope 1 Intensity: 3.07 tCO2e/$MHyundai RotemYear: 2024Scope 1: 7,632 tCO2eRevenue: $M 2,983Scope 1 Intensity: 2.56 tCO2e/$MHyosung Heavy IndustriesYear: 2024Scope 1: 14,607 tCO2eRevenue: $M 3,336Scope 1 Intensity: 4.38 tCO2e/$MSamsung E&AYear: 2023Scope 1: 33,042 tCO2eRevenue: $M 8,315Scope 1 Intensity: 3.97 tCO2e/$MKorea Aerospace IndustriesYear: 2024Scope 1: 19,821 tCO2eRevenue: $M 2,476Scope 1 Intensity: 8.00 tCO2e/$MHD Hyundai Heavy IndustriesYear: 2024Scope 1: 309,407 tCO2eRevenue: $M 9,872Scope 1 Intensity: 31.34 tCO2e/$MHanwha AeroSpaceYear: 2024Scope 1: 37,211 tCO2eRevenue: $M 7,660Scope 1 Intensity: 4.86 tCO2e/$MDaewoo E&CYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 9,116Scope 1 Intensity: 0.43 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MSamsung Heavy IndustriesYear: 2024Scope 1: 315,969 tCO2eRevenue: $M 6,749Scope 1 Intensity: 46.82 tCO2e/$MDoosanYear: 2023Scope 1: 183,864 tCO2eRevenue: $M 14,971Scope 1 Intensity: 12.28 tCO2e/$MGS HoldingsYear: 2023Scope 1: 15,064,399 tCO2eRevenue: $M 20,330Scope 1 Intensity: 740.99 tCO2e/$MDoosan EnerbilityYear: 2024Scope 1: 196,452 tCO2eRevenue: $M 11,063Scope 1 Intensity: 17.76 tCO2e/$MHHHanwha OceanYear: 2024Scope 1: 202,343 tCO2eRevenue: $M 7,344Scope 1 Intensity: 27.55 tCO2e/$MLSYear: 2023Scope 1: 228,350 tCO2eRevenue: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHanwha SystemsYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,910Scope 1 Intensity: 0.33 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MHanwhaYear: 2024Scope 1: 64,480 tCO2eRevenue: $M 37,923Scope 1 Intensity: 1.70 tCO2e/$MPosco InternationalYear: 2024Scope 1: 7,635,243 tCO2eRevenue: $M 22,040Scope 1 Intensity: 346.43 tCO2e/$MPPPosco Future MYear: 2024Scope 1: 1,885,309 tCO2eRevenue: $M 2,521Scope 1 Intensity: 747.71 tCO2e/$MKorean Air LinesYear: 2024Scope 1: 13,323,760 tCO2eRevenue: $M 12,179Scope 1 Intensity: 1,094.03 tCO2e/$MGS Engineering & ConstructionYear: 2023Scope 1: 51,720 tCO2eRevenue: $M 10,515Scope 1 Intensity: 4.92 tCO2e/$M

How does GS Engineering & Construction's GHG emissions intensity compare to its peers?

In 2023, GS Engineering & Construction reported a Scope 1 emissions intensity of 4.92 tCO₂e per millions USD. Compared to the peer group median of 11.64 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does GS Engineering & Construction rank on GHG emissions intensity within its industry?

In 2023, GS Engineering & Construction ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

GS Engineering & Construction is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into GS Engineering & Construction's Total Carbon Footprint

In 2023, GS Engineering & Construction reported a total carbon footprint of 4,982,690 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 39.87% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to GS Engineering & Construction's total carbon footprint was Scope 3 emissions, accounting for 97.48% of the company's total carbon footprint, followed by Scope 2 emissions at 1.48%. a

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