KakaoPay Corp

Common Name
KakaoPay
Country
South Korea
Sector
Technology
Industry
Software - Infrastructure
Employees
1,131
Ticker
377300
Exchange
KOREA EXCHANGE
Description
Kakaopay Corp. is a leading South Korean financial technology company specializing in mobile payment systems, digital wallets, and financial services. As an integral part of the larger Kakao Corporati...

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)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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

KakaoPay's Scope 1 Emissions Over Time

202020212022202304590135180tCO2e-8%+123%+850%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are KakaoPay's Scope 2 emissions?

In 2023, KakaoPay reported Scope 2 greenhouse gas (GHG) emissions of 4,309.567 tCOâ‚‚e without specifying the calculation method.

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.

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 energy

What methodology does KakaoPay use for Scope 2 reporting?

In 2023, KakaoPay reported its Scope 2 emissions using an unspecified methodology.

KakaoPay's Scope 2 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into KakaoPay's Value Chain Emissions

In 2023, KakaoPay reported 7,111.715 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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 chain

KakaoPay's Scope 3 Emissions Over Time

202020212022202302 k4 k6 k8 ktCO2e-14%+63%+19438%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Fuel- and Energy-Related Services (Cat. 3): 3,426.692 tCOâ‚‚e (48.18%)
  • Capital Goods (Cat. 2): 1,318.38 tCOâ‚‚e (18.54%)
  • Employee Commuting (Cat. 7): 1,068.848 tCOâ‚‚e (15.03%)

KakaoPay's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(18.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(48.2%)Employee Commuting(Cat. 7)(15.0%)

Insights into KakaoPay's Total Carbon Footprint

In 2023, KakaoPay reported a total carbon footprint of 11,593.259 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.