- Uncertainties from the U.S.-China trade dispute, the prolonged Russia-Ukraine war, and the Israel-Hamas war
- Stricter international carbon regulations
- Increased demand for carbon reduction due to EU battery regulations
- Rapid changes in international affairs and potential sanctions from major countries
Korea Zinc Co., Ltd
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Korea Zinc Co., Ltd disclosed greenhouse gas emissions of 3.3M tCO2e/year. By scope: Scope 1: 2.6M tCO2e/year; Scope 2: 703.5K tCO2eq/year; Scope 3: 4.7M 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
3.3M tCO2e/year
2023
Renewable Energy
4.72%
of total energy
Water Usage
14.4M m3/year
2023
Waste
100.0K tons/year
2023
Energy Use
1.2M TOE/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). | 2.6M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 703.5K tCO2eq/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.7M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Total air pollutant emissions reduced by 11% compared to the previous year (55% reduction compared to 2019)
- Reduced annual energy-related costs by switching to and introducing low-carbon energy sources
- Carbon footprint certification for zinc, silver, and copper acquired
- Exported 660,000 tons of slag (aggregate for concrete) for recycling in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption by 1% per year for the next five years (2023–2027)
- Achieve 61% completion rate for integrated environmental permit projects by the end of 2024
- Eliminate serious accidents
📅 Medium-term
- Achieve carbon neutrality and RE100 by 2050
- SMC aims to achieve RE85 by 2030 and RE100 by 2040
- Self-assessment to be conducted for 70 suppliers, On-site inspection and consulting for implementation of improvements to be provided to 20 suppliers
🔭 Long-term
- Carbon neutrality by 2050
- Produce low-carbon and zero-carbon metals by 2050
- Expand green hydrogen production, eyeing 200,000 tons per year by 2030
🌱 ESG Focus Areas
Climate Change Response and Energy TransitionAir Pollutant ManagementWorksite Safety and HealthSupply Chain SustainabilityBusiness Ethics & Compliance