S-Oil Corp
S-Oil's GHG Emissions Data Preview
In 2024, S-Oil 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).
S-Oil has also provided a category-level breakdown for 14 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind S-Oil’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 S-Oil’s data sources below and access millions more through our Disclosure Search.
Insights into S-Oil's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of S-Oil amounted to 9,832,000 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 S-Oil increased by 1.38%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
S-Oil's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are S-Oil's Scope 1 emissions?
In 2024, the total Scope 1 emissions of S-Oil were 7,954,000 metric tons of CO₂ equivalent (tCO₂e). a
Has S-Oil reduced its Scope 1 emissions over time?
Since 2020, S-Oil's Scope 1 emissions have increased by 1.66%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), S-Oil's Scope 1 emissions remained relatively stable, indicating that S-Oil's emissions have plateaued with no significant change in its operational footprint. a
What are S-Oil's Scope 2 emissions?
In 2024, S-Oil reported Scope 2 greenhouse gas (GHG) emissions of 1,878,000 tCO₂e without specifying the calculation method. a
Has S-Oil reduced its Scope 2 emissions over time?
Since 2020, S-Oil's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that S-Oil 's emissions have plateaued with no significant change in its energy consumption footprint. a b
Compared to the previous year (2023), S-Oil's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that S-Oil 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does S-Oil use for Scope 2 reporting?
In 2024, S-Oil reported its Scope 2 emissions using an unspecified methodology. a
S-Oil's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into S-Oil's Value Chain Emissions
In 2024, S-Oil reported 88,052,716 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 S-Oil includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
S-Oil's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are S-Oil's Scope 3 emissions?
In 2024, S-Oil reported total Scope 3 emissions of 88,052,716 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 14.63% of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.37% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has S-Oil reduced its Scope 3 emissions over time?
Since 2020, S-Oil's Scope 3 emissions have increased by 258,878.58%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), S-Oil's Scope 3 emissions increased by 283,941.02%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does S-Oil disclose?
In 2024, S-Oil reported emissions for 14 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.
What are the main sources of S-Oil's Scope 3 emissions?
In 2024, the largest contributors to S-Oil's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 74,646,976 tCO₂e (84.78%)
- Purchased Goods and Services (Cat. 1): 9,222,297 tCO₂e (10.47%)
- Upstream Transportation and Distribution (Cat. 4): 2,877,814 tCO₂e (3.27%)
S-Oil's Scope 3 Emissions by Categories
Insights into S-Oil’s GHG Emissions Intensity Compared to Industry Peers
In 2024, S-Oil reported Scope 1 greenhouse gas (GHG) emissions of 7,954,000 tCO₂e and total revenues of USD 24,967 millions. This translates into an emissions intensity of 318.57 tCO₂e per millions USD. a
S-Oil's Scope 1 Emissions Intensity Compared to Peers
How does S-Oil's GHG emissions intensity compare to its peers?
In 2024, S-Oil reported a Scope 1 emissions intensity of 318.57 tCO₂e per millions USD. Compared to the peer group median of 144.59 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does S-Oil rank on GHG emissions intensity within its industry?
In 2024, S-Oil ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
S-Oil is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into S-Oil's Total Carbon Footprint
In 2024, S-Oil reported a total carbon footprint of 97,884,716 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 906.11% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to S-Oil's total carbon footprint was Scope 3 emissions, accounting for 89.96% of the company's total carbon footprint, followed by Scope 1 emissions at 8.13%. a