Shinsegae Inc
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) | 2023 | 2022 | 2021 | 2020 - 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.  | 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 Shinsegae’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 Shinsegae’s data sources below and access millions more through our Disclosure Search.
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). a
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. a
Shinsegae's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
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. a
What are Shinsegae's Scope 2 emissions?
In 2023, Shinsegae reported Scope 2 greenhouse gas (GHG) emissions of 110,724 tCO₂e without specifying the calculation method. a
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. a
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. a
What methodology does Shinsegae use for Scope 2 reporting?
In 2023, Shinsegae reported its Scope 2 emissions using an unspecified methodology. a
Shinsegae's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Shinsegae's Value Chain Emissions
In 2023, Shinsegae reported 676 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 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. a
Shinsegae's Scope 3 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
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. a
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. a
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: a
- Business Travel (Cat. 6): 672 tCO₂e (99.41%)
- Waste Generated in Operations (Cat. 5): 4 tCO₂e (0.59%)
Shinsegae's Scope 3 Emissions by Categories
Insights into Shinsegae’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Shinsegae reported Scope 1 greenhouse gas (GHG) emissions of 15,158 tCO₂e and total revenues of USD 4,975 millions. This translates into an emissions intensity of 3.05 tCO₂e per millions USD. a
Shinsegae's Scope 1 Emissions Intensity Compared to Peers
How does Shinsegae's GHG emissions intensity compare to its peers?
In 2023, Shinsegae reported a Scope 1 emissions intensity of 3.05 tCO₂e per millions USD. Compared to the peer group median of 6.47 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Shinsegae rank on GHG emissions intensity within its industry?
In 2023, Shinsegae ranked 10 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Shinsegae is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Shinsegae's Total Carbon Footprint
In 2023, Shinsegae reported a total carbon footprint of 126,558 metric tons of CO₂ equivalent (tCO₂e) 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. a
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%. a