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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 ofS-Oil amounted to9,832,000metric 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-Oilincreased 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 COâ‚‚ equivalent (tCOâ‚‚e).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.ab
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 tCOâ‚‚e 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.ab
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 COâ‚‚ equivalent (tCOâ‚‚e) 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 14of 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 chaina
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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave increased by 258,878.58%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
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 tCOâ‚‚e(84.78%)
- Purchased Goods and Services (Cat. 1): 9,222,297 tCOâ‚‚e(10.47%)
- Upstream Transportation and Distribution (Cat. 4): 2,877,814 tCOâ‚‚e(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 tCOâ‚‚e and total revenues of USD 24,967 millions. This translates into an emissions intensity of 318.57 tCOâ‚‚e 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 tCOâ‚‚e per millions USD. Compared to the peer group median of 189.91, 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 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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