Shinsegae Inc

Common Name
Shinsegae
Country
South Korea
Sector
Consumer Cyclical
Industry
Department Stores
Employees
2,672
Ticker
004170
Exchange
KOREA EXCHANGE
Description
Shinsegae Inc. is a prominent South Korean retail company that operates a diverse portfolio of department stores, discount stores, and shopping centers. Established as a pioneer in the retail industry...

Shinsegae's GHG Emissions Data Preview

In 2023, Shinsegae 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).

Shinsegae has also provided a category-level breakdown for 2 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 Shinsegae's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Shinsegae amounted to 125,882 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 Shinsegae increased by 2.16%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Shinsegae's Scope 1 Emissions Over Time

20212022202304 k8 k12 k16 ktCO2e+13%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Shinsegae's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Shinsegae were 15,158 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Shinsegae reduced its Scope 1 emissions over time?

Since 2021, Shinsegae's Scope 1 emissions have increased by 19.87%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Shinsegae's Scope 1 emissions increased by 6.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Shinsegae's Scope 2 emissions?

In 2023, Shinsegae reported Scope 2 greenhouse gas (GHG) emissions of 110,724 tCOâ‚‚e without specifying the calculation method.

Has Shinsegae reduced its Scope 2 emissions over time?

Since 2021, Shinsegae's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Shinsegae 's emissions have plateaued with no significant change in its energy consumption footprint.

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

What methodology does Shinsegae use for Scope 2 reporting?

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

Shinsegae's Scope 2 Emissions Over Time

202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Shinsegae's Value Chain Emissions

In 2023, Shinsegae reported 676 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 Shinsegae includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Shinsegae's Scope 3 Emissions Over Time

202220230200400600800tCO2e+128%
  • Total Scope 3
  • Year-over-Year Change

What are Shinsegae's Scope 3 emissions?

In 2023, Shinsegae reported total Scope 3 emissions of 676 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Shinsegae's Scope 3 emissions increased by 127.61%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Shinsegae disclose?

In 2023, Shinsegae reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Business Travel (Cat. 6): 672 tCOâ‚‚e (99.41%)
  • Waste Generated in Operations (Cat. 5): 4 tCOâ‚‚e (0.59%)

Shinsegae's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(99.4%)

Insights into Shinsegae's Total Carbon Footprint

In 2023, Shinsegae reported a total carbon footprint of 126,558 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.46% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Shinsegae's total carbon footprint was Scope 2 emissions, accounting for 87.49% of the company's total carbon footprint, followed by Scope 1 emissions at 11.98%.