In 2024, KT&G 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).
KT&G has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 68,330a | 72,087a | 74,258b | |
Total Scope 2 | ||||
Market-Based | 114,088a | 113,585a | 117,160b | |
Location-Based | 135,535a | 134,709a | N/A | |
Total Scope 3 | 780,502a | 516,237a | 857,279a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 16.9691a | 15.7124a | 15.9935b |
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In 2024, the total operational greenhouse gas (GHG) emissions of KT&G amounted to 203,865 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 KT&G decreased by 1.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of KT&G were 68,330 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, KT&G's Scope 1 emissions have decreased by 8.38%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), KT&G's Scope 1 emissions decreased by 5.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, KT&G reported Scope 2 greenhouse gas (GHG) emissions of 114,088 tCO₂e using the market-based method and 135,535 tCO₂e using the location-based method.a
Compared to the previous year (2023), KT&G's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that KT&G's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, KT&G reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, KT&G reported 780,502 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 KT&G includes a breakdown across 15 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
In 2024, KT&G reported total Scope 3 emissions of 780,502 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 41.71% of these emissions originated from upstream activities such as purchased goods and capital goods, while 58.29% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, KT&G's Scope 3 emissions have increased by 27.22%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), KT&G's Scope 3 emissions increased by 51.19%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, KT&G reported emissions for 15 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.
In 2024, the largest contributors to KT&G's Scope 3 emissions were:a
In 2024, KT&G reported Scope 1 greenhouse gas (GHG) emissions of 68,330 tCO₂e and total revenues of USD 4,027 millions. This translates into an emissions intensity of 16.97 tCO₂e per millions USD.a
In 2024, KT&G reported a Scope 1 emissions intensity of 16.97 tCO₂e per millions USD. Compared to the peer group median of 4.63, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, KT&G ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places KT&G among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, KT&G reported a total carbon footprint of 984,367 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 36.14% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to KT&G's total carbon footprint was Scope 3 emissions, accounting for 79.29% of the company's total carbon footprint, followed by Scope 2 emissions at 13.77%.a