KakaoPay Corp
KakaoPay's GHG Emissions Data Preview
In 2023, KakaoPay 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).
KakaoPay has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
a
aVerified Sources Behind KakaoPay’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 KakaoPay’s data sources below and access millions more through our Disclosure Search.
Insights into KakaoPay's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of KakaoPay amounted to 4,481.544 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 KakaoPay increased by 119.05%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
KakaoPay's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are KakaoPay's Scope 1 emissions?
In 2023, the total Scope 1 emissions of KakaoPay were 171.977 metric tons of CO₂ equivalent (tCO₂e).a
Has KakaoPay reduced its Scope 1 emissions over time?
Since 2020, KakaoPay's Scope 1 emissions have increased by 1,854.28%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), KakaoPay's Scope 1 emissions increased by 850.15%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are KakaoPay's Scope 2 emissions?
In 2023, KakaoPay reported Scope 2 greenhouse gas (GHG) emissions of 4,309.567 tCO₂e without specifying the calculation method.a
Has KakaoPay reduced its Scope 2 emissions over time?
Since 2020, KakaoPay's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 380.76%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), KakaoPay's Scope 2 emissions (Unspecified Calculation Method) rose by 112.52% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does KakaoPay use for Scope 2 reporting?
In 2023, KakaoPay reported its Scope 2 emissions using an unspecified methodology.a
KakaoPay's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into KakaoPay's Value Chain Emissions
In 2023, KakaoPay reported 7,111.715 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 KakaoPay includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
KakaoPay's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are KakaoPay's Scope 3 emissions?
In 2023, KakaoPay reported total Scope 3 emissions of 7,111.715 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 97.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.78% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has KakaoPay reduced its Scope 3 emissions over time?
Since 2020, KakaoPay's Scope 3 emissions have increased by 27,358.36%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), KakaoPay's Scope 3 emissions increased by 19,437.68%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does KakaoPay disclose?
In 2023, KakaoPay reported emissions for 7 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 KakaoPay's Scope 3 emissions?
In 2023, the largest contributors to KakaoPay's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 3,426.692 tCO₂e (48.18%)
- Capital Goods (Cat. 2): 1,318.38 tCO₂e (18.54%)
- Employee Commuting (Cat. 7): 1,068.848 tCO₂e (15.03%)
KakaoPay's Scope 3 Emissions by Categories
Insights into KakaoPay’s GHG Emissions Intensity Compared to Industry Peers
In 2023, KakaoPay reported Scope 1 greenhouse gas (GHG) emissions of 171.977 tCO₂e and total revenues of USD 482 millions. This translates into an emissions intensity of 0.36 tCO₂e per millions USD.a
KakaoPay's Scope 1 Emissions Intensity Compared to Peers
How does KakaoPay's GHG emissions intensity compare to its peers?
In 2023, KakaoPay reported a Scope 1 emissions intensity of 0.36 tCO₂e per millions USD. Compared to the peer group median of 0.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does KakaoPay rank on GHG emissions intensity within its industry?
In 2023, KakaoPay ranked 8 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
KakaoPay is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into KakaoPay's Total Carbon Footprint
In 2023, KakaoPay reported a total carbon footprint of 11,593.259 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 456.75% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to KakaoPay's total carbon footprint was Scope 3 emissions, accounting for 61.34% of the company's total carbon footprint, followed by Scope 2 emissions at 37.17%.a