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Korea Environment Corparation

Management Disclosure


Operation of the GHG target management system

Main page Core Business Climate and Air Supporting GHG Reduction Policies Operation of the GHG target management system
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What is GHG Target Management?

The object of this system is to designate and manage corporations that emit more than specific amount of GHG in order to achieve medium-term targets(40% reduction in GHG emissions in 2030 compared to 2018) according to Carbon Neutral Green Growth Framework Act for Response to Climate Crisis.

The thresholds

The thresholds list
Division Until 2011.12.31 Beginning 2012.1.1 Beginning 2014.1.1
 Beginning 2022.3.25 Until Now
Corporate thresholds Facility thresholds Corporate thresholds Facility thresholds Corporate thresholds Facility thresholds Corporate thresholds Facility thresholds
Greenhouse gas Emission(tCO2-eq) 125,000 25,000 87,500 20,000 50,000 15,000 50,000 15,000
Energy consumption(TJ) 500 100 350 90 200 80 - -

How to set target?

  • First, derive expected emissions amount of target year of each company considering the average emissions of three years right before designation year.
  • Then, set the emission allowance by applying the annual national reduction rate to the derived expected emission amout according to Carbon Neutral Green Growth Framework Act for Response to Climate Crisis.

GHG Target Management Process

1. Sectoral responsible organization Relevant ministries> Specify Controlled Entities (Jun.), Set Target (Sept.) 2. Company (public organization, individual, corporate) -> Performance report submission (Mar.2013) 3. Company (public organization, individual, corporate) -> Performance Plan submission (Dec.) 4. Sectoral responsible organization : Relevant ministries -> X Behind of Performance Plan, Performance report submission (Mar.2013) Ministry of Environment General Management Organization GIR Support for successful system implementation and the operation of national GHG Inventory System National GHG Inventory System Management of implementation progress and GHG information

Implementation System

  • Relevant ministries set the annual target with consideration of new, additional facilities and potential reduction(Bottom-up) after the target of each sector and category of business is set(Top-down)
  • Relevant ministries continuously evaluate implementation plans and reports to manage goals of GHG reduction
1st phase National Reduction Target 2nd phase Sectoral Reduction Target 3rd phase Type of business Reduction Target 4th phase Set pre-target for business 5th phase pre-target negotiation 6th phase Renegotiation (on demand) 7th phase final target set

Main tasks

  • Supporting functions of overall control on Green House Gas target management
  • Examining appropriateness, duplication or omission in selection of reporting entities of each agency
  • Assisting an agency responsible for each sector with the review and evaluation
  • Establishing Guidelines on Green House Gas Target Management
  • Green House Gas target management in the waste sector
  • Examining GHG data report
  • Examining implementation plans and performance report
  • Selecting designated objects of reporting entities
  • Establishing GHG targets for reporting entities
  • Technical support for reporting entities
  • Supporting management and preparations for GHG data reporting, implementation plan, performance report and other involved reports
  • Technical supports on devising reduction plans
  • Supporting operation for the reduction of GHG and ways of improving efficiency of facilities
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