Korea Petroleum Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Korea Petroleum Corporation disclosed greenhouse gas emissions of 7.6K tCO2e/year (2023). By scope: Scope 1: 6.0K tCO2e/year (2023); Scope 2: 1.5K tCO2e/year (2023). 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
7.6K tCO2e/year (2023)
2023
💧
Water Usage
55.6K m3/year (2023)
2023
⚙️
Energy Use
151.03 TJ (2023)
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).6.0K tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.5K tCO2e/year (2023)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce greenhouse gas emissions to 7,077 tCO2eq by 2030.

📅 Medium-term

  • Reduce greenhouse gas emissions by 40% compared to the base year by 2040.

🔭 Long-term

  • Achieve carbon neutrality by 2050.

🌱 ESG Focus Areas

Climate ChangeCarbon NeutralityResource CirculationEcosystem ConservationHuman RightsSafetyGovernance

⚠️ Challenges & Risks +

  • Increased energy consumption due to the expansion of chemical recycling facilities.
  • Potential risks associated with climate change, including extreme weather events and regulatory changes.
  • Need to enhance human rights management in line with evolving legal and social expectations.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, TCFD Framework, SASB Index