Hybe Co Ltd

Common Name
Hybe
Country
South Korea
Sector
Communication Services
Industry
Entertainment
Employees
764
Ticker
352820
Exchange
KOREA EXCHANGE
Description
Hybe Co., Ltd. is a multifaceted entertainment enterprise known for its dynamic role in the music and media industry. Founded in South Korea, the company initially gained prominence through managing a...

Hybe's GHG Emissions Data Preview

In 2024, Hybe 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).

Hybe has also provided a category-level breakdown for 5 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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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hybe’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 Hybe’s data sources below and access millions more through our Disclosure Search.

a. Hybe's Sustainability Report 2024
a. Hybe's Sustainability Report 2024

Insights into Hybe's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hybe amounted to 7,814 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 Hybe increased by 14.12%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hybe's Scope 1 Emissions Over Time

20222023202406001.2 k1.8 k2.4 ktCO2e+2%0%
  • Total Scope 1
  • Year-over-Year Change

What are Hybe's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hybe were 2,333 metric tons of CO₂ equivalent (tCO₂e). a

Has Hybe reduced its Scope 1 emissions over time?

Since 2022, Hybe's Scope 1 emissions have increased by 2.78%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Hybe's Scope 1 emissions remained relatively stable, indicating that Hybe's emissions have plateaued with no significant change in its operational footprint. a

What are Hybe's Scope 2 emissions?

In 2024, Hybe reported Scope 2 greenhouse gas (GHG) emissions of 5,481 tCO₂e without specifying the calculation method. a

Has Hybe reduced its Scope 2 emissions over time?

Since 2022, Hybe's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 13.06%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Hybe's Scope 2 emissions (Unspecified Calculation Method) rose by 21.13% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Hybe use for Scope 2 reporting?

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

Hybe's Scope 2 Emissions Over Time

20222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hybe's Value Chain Emissions

In 2024, Hybe reported 11,323 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 Hybe includes a breakdown across 5 of 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

Hybe's Scope 3 Emissions Over Time

2023202404 k8 k12 k16 ktCO2e-24%
  • Total Scope 3
  • Year-over-Year Change

What are Hybe's Scope 3 emissions?

In 2024, Hybe reported total Scope 3 emissions of 11,323 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Hybe's Scope 3 emissions decreased by 24.46%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Hybe disclose?

In 2024, Hybe reported emissions for 5 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 Hybe's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 9,023 tCO₂e (79.69%)
  • Upstream Transportation and Distribution (Cat. 4): 857 tCO₂e (7.57%)
  • Fuel- and Energy-Related Services (Cat. 3): 742 tCO₂e (6.55%)

Hybe's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(7.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(6.6%)Purchased Goods andServices (Cat. 1)(79.7%)

Insights into Hybe’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hybe reported Scope 1 greenhouse gas (GHG) emissions of 2,333 tCO₂e and total revenues of USD 1,537 millions. This translates into an emissions intensity of 1.52 tCO₂e per millions USD. a

Hybe's Scope 1 Emissions Intensity Compared to Peers

102005,000100,0005,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)CTDCNetmarbleYear: 2024Scope 1: 1,533 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.84 tCO2e/$MCJ ENMYear: 2023Scope 1: 913 tCO2eRevenue: $M 3,418Scope 1 Intensity: 0.27 tCO2e/$MWarner Bros DiscoveryYear: 2024Scope 1: 130,342 tCO2eRevenue: $M 39,321Scope 1 Intensity: 3.31 tCO2e/$MCCCompagnie De l'odetYear: 2024Scope 1: 15,571 tCO2eRevenue: $M 3,256Scope 1 Intensity: 4.78 tCO2e/$MAtresmediaYear: 2024Scope 1: 1,697 tCO2eRevenue: $M 956Scope 1 Intensity: 1.77 tCO2e/$MBorussia Dortmund GmbH & CoYear: 2024Scope 1: 1,036 tCO2eRevenue: $M 545Scope 1 Intensity: 1.90 tCO2e/$MTTToeiYear: 2024Scope 1: 3,501 tCO2eRevenue: $M 1,131Scope 1 Intensity: 3.09 tCO2e/$MDDDamai Entertainment HoldingsYear: 2024Scope 1: 464 tCO2eRevenue: $M 762Scope 1 Intensity: 0.61 tCO2e/$MAstro Malaysia HoldingsYear: 2024Scope 1: 673 tCO2eRevenue: $M 690Scope 1 Intensity: 0.97 tCO2e/$MCCChina Ruyi HoldingsYear: 2024Scope 1: 73 tCO2eRevenue: $M 548Scope 1 Intensity: 0.13 tCO2e/$MBanijay GroupYear: 2024Scope 1: 17,567 tCO2eRevenue: $M 4,998Scope 1 Intensity: 3.51 tCO2e/$MBolloreYear: 2024Scope 1: 15,571 tCO2eRevenue: $M 3,257Scope 1 Intensity: 4.78 tCO2e/$MNewsYear: 2023Scope 1: 12,702 tCO2eRevenue: $M 9,879Scope 1 Intensity: 1.29 tCO2e/$MNetflixYear: 2024Scope 1: 50,488 tCO2eRevenue: $M 39,002Scope 1 Intensity: 1.29 tCO2e/$MWalt DisneyYear: 2024Scope 1: 921,163 tCO2eRevenue: $M 91,361Scope 1 Intensity: 10.08 tCO2e/$MMajor Cineplex GroupYear: 2023Scope 1: 18 tCO2eRevenue: $M 248Scope 1 Intensity: 0.07 tCO2e/$MWarner Music GroupYear: 2023Scope 1: 1,583 tCO2eRevenue: $M 6,037Scope 1 Intensity: 0.26 tCO2e/$MKinepolis GroupYear: 2024Scope 1: 9,197 tCO2eRevenue: $M 602Scope 1 Intensity: 15.29 tCO2e/$MPVR INOXYear: 2023Scope 1: 9,668 tCO2eRevenue: $M 455Scope 1 Intensity: 21.24 tCO2e/$MVivendiYear: 2024Scope 1: 151 tCO2eRevenue: $M 309Scope 1 Intensity: 0.49 tCO2e/$MToho Co Ltd (Tokyo)Year: 2022Scope 1: 6,043 tCO2eRevenue: $M 1,976Scope 1 Intensity: 3.06 tCO2e/$MHybeYear: 2024Scope 1: 2,333 tCO2eRevenue: $M 1,537Scope 1 Intensity: 1.52 tCO2e/$M

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

In 2024, Hybe reported a Scope 1 emissions intensity of 1.52 tCO₂e per millions USD. Compared to the peer group median of 1.77 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Hybe rank on GHG emissions intensity within its industry?

In 2024, Hybe ranked 11 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Hybe's Total Carbon Footprint

In 2024, Hybe reported a total carbon footprint of 19,137 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.36% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Hybe's total carbon footprint was Scope 3 emissions, accounting for 59.17% of the company's total carbon footprint, followed by Scope 2 emissions at 28.64%. a

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