Korea Gas Corp.
Industry Group: Utilities
Country/Region: South Korea
Identifier: KRX:036460
Korea Gas Corp is a Korean natural gas utility company. The Government of Korea holds a majority stake in the firm. Korea Gas Corp holds a monopoly as the country's only natural gas distributor with a nationwide network of pipelines and storage tanks. The company segments its operations into Domestic Business and Overseas Business units. The Domestic Business division encompasses Korea Gas' liquefied natural gas (LNG) purchasing, supply, storage, and pipeline distributing activities. The company primarily buys natural gas from Middle Eastern and Southeast Asian sources. Korea Gas' total revenue is split fairly evenly between the sale of natural gas to urban consumers and to the power sector. Korean housing and industrial customers represent the majority of the firm's customer base.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 319 out of 648
Universe
Global Universe 10422 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| PT Perusahaan Gas Negara Tbk |
20.2
Medium
|
106 out of 648 |
| Korea Gas Corp. |
29.9
Medium
|
319 out of 648 |
| Gujarat State Petronet Ltd. |
30.2
High
|
325 out of 648 |
| Chesapeake Utilities Corp. |
37
High
|
452 out of 648 |
| Shenzhen Gas Corp. Ltd. |
40.4
Severe
|
504 out of 648 |
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Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
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Controversy Rating
Highest Controversy level that has impacted Korea Gas Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
