Kumho Petrochemical Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2018

In its 2022 reporting, Kumho Petrochemical Co., Ltd. disclosed greenhouse gas emissions of 3.5M tCO2e/year. By scope: Scope 1: 3.1M tCO2e/year; Scope 2: 344.4K tCO2e/year; Scope 3: 3.5M 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
3.5M tCO2e/year
2022
⚡
Renewable Energy
2.1%
of total energy
💧
Water Usage
13.8M m3/year
2022
♻️
Waste
124.3K tons/year
2022
⚙️
Energy Use
42.3K TJ/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.1M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.344.4K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).3.5M 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 periodHeadline emissions figure reported
20223.5M tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Increase co-firing rate by 14% in 2030
  • Achieve 100% eco-friendly vehicle by 2030
  • Zero business site safety accidents

📅 Medium-term

  • Reduce carbon emissions by 29% by 2030
  • Achieve 30% of eco-friendly business by 2030

🔭 Long-term

  • Achieve carbon neutrality by 2050

🌱 ESG Focus Areas

Climate Change ResponseEnvironmental Management AdvancementProduct Responsibility ExpansionSafety and Health Care Section EnhancementHuman Capital ManagementResponsible Supply Chains ReinforcementRenewable Resources and Recycled Products DevelopmentESG Product Portfolio ManagementESG Perspectives-Based InvestmentESG Management Advancement

⚠️ Challenges & Risks +

  • Unstable energy and food markets, high inflation rates, steep interest rate hikes, and economic downturns
  • Global economic downturn
  • Tougher regulations such as the EU Carbon Border Adjustment Mechanism (CBAM) and the UN Plastics Convention

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards, TCFD, SASB Standards
Assurance: BSI Group Korea, Korean Standards Association