GS Retail Co Ltd

Common Name
GS Retail
Country
South Korea
Sector
Consumer Cyclical
Industry
Department Stores
Employees
4,865
Ticker
007070
Exchange
KOREA EXCHANGE
Description
GS Retail Co., Ltd. operates as a major player in the retail industry, headquartered in Seoul, South Korea. As a part of the broader GS Group, it specializes in managing convenience stores under the b...

GS Retail's GHG Emissions Data Preview

In 2024, GS 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).

GS Retail has also provided a category-level breakdown for 13 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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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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Verified Sources Behind GS 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 GS Retail’s data sources below and access millions more through our Disclosure Search.

a. GS Retail's Sustainability Report 2024
a. GS Retail's Sustainability Report 2024
b. GS Retail's Sustainability Report 2022
b. GS Retail's Sustainability Report 2022

Insights into GS Retail's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of GS Retail amounted to 52,450.997 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 2023, the total operational greenhouse gas (GHG) emissions of GS Retail decreased by 2.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

GS Retail's Scope 1 Emissions Over Time

2020202120222023202406001.2 k1.8 k2.4 ktCO2e+44%+66%-2%+8%
  • Total Scope 1
  • Year-over-Year Change

What are GS Retail's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GS Retail were 2,208.986 metric tons of CO₂ equivalent (tCO₂e). a

Has GS Retail reduced its Scope 1 emissions over time?

Since 2020, GS Retail's Scope 1 emissions have increased by 154.82%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), GS Retail's Scope 1 emissions increased by 8.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are GS Retail's Scope 2 emissions?

In 2024, GS Retail reported Scope 2 greenhouse gas (GHG) emissions of 50,242.011 tCO₂e without specifying the calculation method. a

Has GS Retail reduced its Scope 2 emissions over time?

Since 2020, GS Retail's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 17.31%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

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

What methodology does GS Retail use for Scope 2 reporting?

In 2024, GS Retail reported its Scope 2 emissions using an unspecified methodology. a

GS Retail's Scope 2 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into GS Retail's Value Chain Emissions

In 2024, GS Retail reported 3,092,770 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 2024 disclosure of GS Retail includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

GS Retail's Scope 3 Emissions Over Time

202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e+9%+4%+10%+398%
  • Total Scope 3
  • Year-over-Year Change

What are GS Retail's Scope 3 emissions?

In 2024, GS Retail reported total Scope 3 emissions of 3,092,770 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 75.26% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.74% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has GS Retail reduced its Scope 3 emissions over time?

Since 2020, GS Retail's Scope 3 emissions have increased by 519.7%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), GS Retail's Scope 3 emissions increased by 397.8%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does GS Retail disclose?

In 2024, GS Retail reported emissions for 13 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 GS Retail's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 2,235,721 tCO₂e (72.29%)
  • Franchises (Cat. 14): 675,196 tCO₂e (21.83%)
  • Use of Sold Products (Cat. 11): 65,944 tCO₂e (2.13%)

GS Retail's Scope 3 Emissions by Categories

Franchises (Cat. 14)(21.8%)Purchased Goods andServices (Cat. 1)(72.3%)Use of Sold Products(Cat. 11)(2.1%)

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

In 2024, GS Retail reported Scope 1 greenhouse gas (GHG) emissions of 2,208.986 tCO₂e and total revenues of USD 7,923 millions. This translates into an emissions intensity of 0.28 tCO₂e per millions USD. a

GS Retail's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)PLRyohin KeikakuYear: 2023Scope 1: 1,187 tCO2eRevenue: $M 3,979Scope 1 Intensity: 0.30 tCO2e/$MLojas RennerYear: 2024Scope 1: 4,397 tCO2eRevenue: $M 2,337Scope 1 Intensity: 1.88 tCO2e/$MGPAYear: 2023Scope 1: 252,837 tCO2eRevenue: $M 3,969Scope 1 Intensity: 63.70 tCO2e/$MPepkor HoldingsYear: 2023Scope 1: 28,859 tCO2eRevenue: $M 4,173Scope 1 Intensity: 6.92 tCO2e/$MPPPick N Pay StoresYear: 2023Scope 1: 381,435 tCO2eRevenue: $M 5,807Scope 1 Intensity: 65.68 tCO2e/$MJ.Front RetailingYear: 2024Scope 1: 14,430 tCO2eRevenue: $M 2,702Scope 1 Intensity: 5.34 tCO2e/$MMatahari Department StoreYear: 2024Scope 1: 433 tCO2eRevenue: $M 398Scope 1 Intensity: 1.09 tCO2e/$MShoprite HoldingsYear: 2024Scope 1: 748,589 tCO2eRevenue: $M 12,756Scope 1 Intensity: 58.68 tCO2e/$MShinsegaeYear: 2023Scope 1: 15,158 tCO2eRevenue: $M 4,975Scope 1 Intensity: 3.05 tCO2e/$MTokyuYear: 2023Scope 1: 121,875 tCO2eRevenue: $M 6,992Scope 1 Intensity: 17.43 tCO2e/$M99 Speed Mart Retail HoldingsYear: 2024Scope 1: 13,443 tCO2eRevenue: $M 2,232Scope 1 Intensity: 6.02 tCO2e/$MOrganizacion SorianaYear: 2023Scope 1: 631,395 tCO2eRevenue: $M 10,382Scope 1 Intensity: 60.82 tCO2e/$MIsetan Mitsukoshi HoldingsYear: 2025Scope 1: 26,479 tCO2eRevenue: $M 3,704Scope 1 Intensity: 7.15 tCO2e/$MHyundai Department StoreYear: 2023Scope 1: 22,859 tCO2eRevenue: $M 3,293Scope 1 Intensity: 6.94 tCO2e/$MWoolworths HoldingsYear: 2024Scope 1: 57,227 tCO2eRevenue: $M 4,207Scope 1 Intensity: 13.60 tCO2e/$MTakashimayaYear: 2022Scope 1: 19,910 tCO2eRevenue: $M 6,585Scope 1 Intensity: 3.02 tCO2e/$MKohlsYear: 2023Scope 1: 28,225 tCO2eRevenue: $M 17,476Scope 1 Intensity: 1.62 tCO2e/$MMarks and Spencer GroupYear: 2025Scope 1: 210,164 tCO2eRevenue: $M 17,877Scope 1 Intensity: 11.76 tCO2e/$MMacy'sYear: 2022Scope 1: 40,901 tCO2eRevenue: $M 25,448Scope 1 Intensity: 1.61 tCO2e/$MYuyuan Tourist MartYear: 2023Scope 1: 15,842 tCO2eRevenue: $M 8,181Scope 1 Intensity: 1.94 tCO2e/$MFalabellaYear: 2023Scope 1: 145,950 tCO2eRevenue: $M 12,739Scope 1 Intensity: 11.46 tCO2e/$MLLLotte ShoppingYear: 2024Scope 1: 192,966 tCO2eRevenue: $M 9,532Scope 1 Intensity: 20.24 tCO2e/$MGS RetailYear: 2024Scope 1: 2,209 tCO2eRevenue: $M 7,923Scope 1 Intensity: 0.28 tCO2e/$M

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

In 2024, GS Retail reported a Scope 1 emissions intensity of 0.28 tCO₂e per millions USD. Compared to the peer group median of 6.93 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, GS Retail ranked 1 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into GS Retail's Total Carbon Footprint

In 2024, GS Retail reported a total carbon footprint of 3,145,220.997 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 365.95% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to GS Retail's total carbon footprint was Scope 3 emissions, accounting for 98.33% of the company's total carbon footprint, followed by Scope 2 emissions at 1.6%. a

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