GS CALTEX
GS Caltex Corporation, headquartered in South Korea (KR), is a leading player in the petroleum and petrochemical industry. Founded in 1967, the company has established itself as a key provider of high-quality fuels, lubricants, and chemical products, serving both domestic and international markets. With major operational regions across Asia and beyond, GS Caltex is renowned for its innovative refining processes and commitment to sustainability. The company’s core offerings include gasoline, diesel, and a diverse range of lubricants, distinguished by their advanced formulations and performance. GS Caltex has achieved significant milestones, including the development of eco-friendly products that align with global environmental standards. As a prominent entity in the energy sector, GS Caltex continues to enhance its market position through strategic partnerships and technological advancements, solidifying its reputation as a trusted brand in the industry.
DitchCarbon Score
How does GS CALTEX's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
GS CALTEX's score of 38 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GS CALTEX's reported carbon emissions
In 2023, GS CALTEX reported total carbon emissions of approximately 122,000,000,000 kg CO2e, with emissions distributed across various scopes: 7,326,603,000 kg CO2e (Scope 1), 1,603,051,000 kg CO2e (Scope 2), and a significant 109,843,236,000 kg CO2e (Scope 3). The combined total for Scope 1 and Scope 2 emissions was about 8,929,641,000 kg CO2e. The company has shown a slight increase in Scope 1 emissions from 2022, which were approximately 7,203,043,000 kg CO2e, and a decrease in Scope 2 emissions from 1,950,759,000 kg CO2e. The total emissions for Scope 1 and Scope 2 in 2022 were about 9,513,789,000 kg CO2e. Despite these figures, GS CALTEX has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, GS CALTEX's emissions profile highlights the significant impact of Scope 3 emissions, which primarily arise from the use of sold products, indicating a critical area for potential improvement in their sustainability strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 7,203,043,000 | 0,000,000,000 |
| Scope 2 | 1,950,759,000 | 0,000,000,000 |
| Scope 3 | - | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
GS CALTEX is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
