- Climate change risks (physical risks like typhoons and floods, chronic risks like heatwaves; transition risks like policy/regulation changes, technology adoption, market shifts)
- Supply chain disruptions
- ESG risks associated with suppliers
Samyang Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Samyang Corporation disclosed greenhouse gas emissions of 416.8K tCO2e/year (Scopes 1 2 and 3). By scope: Scope 1: 143.3K tCO2e/year; Scope 2: 117.3K tCO2e/year; Scope 3: 1.9M 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
416.8K tCO2e/year (Scopes 1 2 and 3)
2023
Renewable Energy
0.047% of total energy use
of total energy
Water Usage
4.1M m3/year
2023
Waste
29.7K tons/year
2023
Energy Use
6.2K TJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 143.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 117.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.9M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 416.8K tCO2e/year (Scopes 1 2 and 3) |
| 2022 | 270.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased the target of net zero emissions by 2030 from 20% to 42%
- Installed solar panels at six business sites
- Developed a recycled polycarbonate (PCR-PC) that contains over 90% recycled PC material
- Reduced GHG emissions by 9,537 tCO2eq
- Reduced air pollutant emissions by 16 tons
- Achieved 96% waste recycling rate
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase the purchase and usage of recycled PC materials to 6,350 tons by 2025
- Generate sales of KRW 80 billion from specialty ingredients by 2024
📅 Medium-term
- Achieve GHG reduction by 42% by 2030
- Achieve GHG reduction by 72% by 2040
🔭 Long-term
- Achieve net zero emissions by 2050
🌱 ESG Focus Areas
Environmental Management and Climate Change ResponseWaste and Hazardous Chemical ManagementEnhancing Customer Health and Nutrition/Enhancing Product Safety and QualityStrengthening Safety and Health Prevention ActivitiesFlexible Organizational Culture and Work-life BalanceEthics and Compliance ManagementESG Management System Advancement