Kia Corp

Common Name
Kia
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
33,195
Ticker
000270
Exchange
KOREA EXCHANGE
Description
Kia Corporation, a renowned automotive manufacturer, is a leader in the global automobile industry. Established in 1944 and headquartered in South Korea, Kia is distinguished for producing a diverse r...

Kia's GHG Emissions Data Preview

In 2023, Kia 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).

Kia has also provided a category-level breakdown for 12 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 Kia's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kia amounted to 1,130,900 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 Kia decreased by 3.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Kia's Scope 1 Emissions Over Time

2020202120222023095 k190 k285 k380 ktCO2e+2%+4%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Kia's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kia were 354,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kia reduced its Scope 1 emissions over time?

Since 2020, Kia's Scope 1 emissions have decreased by 1.39%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Kia's Scope 1 emissions decreased by 6.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Kia's Scope 2 emissions?

In 2023, Kia reported Scope 2 greenhouse gas (GHG) emissions of 776,900 tCOâ‚‚e without specifying the calculation method.

Has Kia reduced its Scope 2 emissions over time?

Since 2020, Kia's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 98,767.4%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Kia's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Kia 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Kia use for Scope 2 reporting?

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

Kia's Scope 2 Emissions Over Time

20202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kia's Value Chain Emissions

In 2023, Kia reported 99,498,189 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 Kia includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 9 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Kia's Scope 3 Emissions Over Time

20222023025 M50 M75 M100 MtCO2e+36%
  • Total Scope 3
  • Year-over-Year Change

What are Kia's Scope 3 emissions?

In 2023, Kia reported total Scope 3 emissions of 99,498,189 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 18.93% of these emissions originated from upstream activities such as purchased goods and capital goods, while 81.07% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Kia's Scope 3 emissions increased by 36.34%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Kia disclose?

In 2023, Kia reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Kia's Scope 3 emissions?

In 2023, the largest contributors to Kia's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 79,327,632 tCOâ‚‚e (79.73%)
  • Purchased Goods and Services (Cat. 1): 17,176,301 tCOâ‚‚e (17.26%)
  • Downstream Transportation and Distribution (Cat. 9): 1,311,642 tCOâ‚‚e (1.32%)

Kia's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(1.3%)Use of Sold Products(Cat. 11)(79.7%)Purchased Goods andServices (Cat. 1)(17.3%)

Insights into Kia's Total Carbon Footprint

In 2023, Kia reported a total carbon footprint of 100,629,089 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35.72% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Kia's total carbon footprint was Scope 3 emissions, accounting for 98.88% of the company's total carbon footprint, followed by Scope 2 emissions at 0.77%.

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