GS Retail Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021, 2020

In its 2023 reporting, GS Retail Co., Ltd. disclosed greenhouse gas emissions of 664.8K tCO2e/year. By scope: Scope 1: 2.1K tCO2e/year; Scope 2: 57.0K tCO2e/year; Scope 3: 605.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
664.8K tCO2e/year
2023
💧
Water Usage
893.8K tons/year
2023
♻️
Waste
15.7K tons/year
2023
⚙️
Energy Use
1.2K TJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.57.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).605.7K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023664.8K tCO2e/year
202175.3K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 1&2 greenhouse gas emissions intensity by 25% by 2030 (from 2022 baseline).

📅 Medium-term

  • Achieve 25% reduction in waste generation intensity by 2030 (from 2022 baseline).
  • Install SEMS in all stores by 2024.

🌱 ESG Focus Areas

Climate ChangeWaste Reduction and Resource CirculationSustainable ProductsSustainable Supply ChainHuman Rights and Diversity & Inclusion

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events (physical risks like extreme weather, flooding, etc.)
  • Transition risks from regulatory changes, market shifts towards sustainable products and services.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB Food Retailers & Distributors, TCFD
Assurance: Korea Management Certification Institute (KMR)