LY Corp
LY's GHG Emissions Data Preview
In 2023, LY 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).
LY 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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 LY's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of LY amounted to 277,466 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 LY increased by 21.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.
LY's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are LY's Scope 1 emissions?
In 2023, the total Scope 1 emissions of LY were 3,554 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), LY's Scope 1 emissions decreased by 2.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are LY's Scope 2 emissions?
In 2023, LY reported Scope 2 greenhouse gas (GHG) emissions of 90,514 tCOâ‚‚e using the market-based method, and 273,912 tCOâ‚‚e using the location-based method.
Has LY reduced its Scope 2 emissions over time?
Compared to the previous year (2022), LY's Scope 2 emissions (Location-Based) rose by 22.23% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does LY use for Scope 2 reporting?
In 2023, LY reported its Scope 2 emissions using the market-based method and using the location-based method.
LY's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into LY's Value Chain Emissions
In 2023, LY reported 3,289,809 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 LY includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, up from 12 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
LY's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are LY's Scope 3 emissions?
In 2023, LY reported total Scope 3 emissions of 3,289,809 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 85.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.45% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), LY's Scope 3 emissions remained relatively stable, indicating that LY 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does LY disclose?
In 2023, LY reported emissions for 15 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 LY's Scope 3 emissions?
In 2023, the largest contributors to LY's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 1,604,858 tCOâ‚‚e (48.78%)
- Downstream Transportation and Distribution (Cat. 9): 627,508 tCOâ‚‚e (19.07%)
- Capital Goods (Cat. 2): 406,502 tCOâ‚‚e (12.36%)
LY's Scope 3 Emissions by Categories
Insights into LY's Total Carbon Footprint
In 2023, LY reported a total carbon footprint of 3,567,275 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.74% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to LY's total carbon footprint was Scope 3 emissions, accounting for 92.22% of the company's total carbon footprint, followed by Scope 2 emissions at 7.68%.