GS Holdings
GS Holdings is a publicly listed downstream oil and gas holding company headquartered in South Korea. In 2020, it had USD 14.22 billion in revenue. It did not report its number of employees. GS Holdings has been assessed for its energy and power subsidiaries, comprising GS Energy, GS Caltex, GS EPS and GS E&R. The company lacks transparency on its emissions reduction and low-carbon transition.
- Ranking position
- #86 /100
- Total score
- 1.2 /100
- Performance score
- 0.5 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
GS Holdings receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With no emissions reduction targets, GS Holdings is unlikely to decrease its emissions intensity at a rate fast enough to align with its 1.5°C pathway. The company can improve its alignment with its 1.5°C pathway with the expansion of projects in biomass, renewable power generation and energy storage systems, substantiated by disclosure of the deployment schedule and profitability of these activities. With South Korea’s pledge in October 2020 to become carbon neutral by 2050, GS Holdings needs to rapidly phase out from coal energy generation to align with its 1.5°C pathway.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Seoul, South Korea
- Group revenue
- KRW 15,444.2 billion (USD 14.22 billion)
- Ownership structure
- Publicly listed
- Number of employees
- Not available
- Scope of activity
- Downstream
- Website
- http://www.gs.co.kr/en