S-OIL Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2020🗂️ Report periods on file: 2020

In its 2020 reporting, S-OIL Corporation disclosed greenhouse gas emissions of 9.1M tCO2e/year. By scope: Scope 1: 7.4M tCO2e/year; Scope 2: 1.8M tCO2e/year; Scope 3: 34.0K 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
9.1M tCO2e/year
2020
⚡
Renewable Energy
0.108%
of total energy
💧
Water Usage
28.7M m3/year
2020
♻️
Waste
38.7K tons/year
2020
⚙️
Energy Use
125.788 TJ/year
2020

📊 Emissions by Scope (2020)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).7.4M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.8M tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).34.0K tCO2e/year

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 water consumption by 10% by 2025
  • Achieve a TRCF of 0.10 or less by 2025

📅 Medium-term

  • Reduce carbon emissions by 20.5% compared to BAU by 2030
  • Increase energy efficiency by 15% by 2030

🔭 Long-term

  • Achieve Net Zero emissions by 2050

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • COVID-19 pandemic impacting global supply chains and demand.
  • Climate change risks, including extreme weather events and carbon border taxes.
  • Cybersecurity threats in the context of digital transformation.

📋 Report Information

Reporting Period: 2020
Frameworks: GRI Standards (Core option)
Assurance: Korea Productivity Center