LIG Nex1 Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, LIG Nex1 Co., Ltd. disclosed greenhouse gas emissions of 24.4K tCO2e/year. By scope: Scope 1: 5.8K tCO2e/year; Scope 2: 18.5K 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
24.4K tCO2e/year
2023
⚡
Renewable Energy
0.49%
of total energy
💧
Water Usage
195.0K tons/year
2023
♻️
Waste
749 tons/year
2023
⚙️
Energy Use
496.45 TJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).5.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.18.5K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce air pollutant emissions below 50% of legal allowance by 2025.
  • Achieve 85% waste recycling rate by 2025.
  • Maintain chemical substance intensity of 0.5 kg per KRW 100 million by 2025.

📅 Medium-term

  • Achieve 90% waste recycling rate by 2030.
  • Maintain chemical substance intensity of 0.45 kg per KRW 100 million by 2030.
  • Achieve 50% renewable energy use by 2040.

🔭 Long-term

  • Achieve Net Zero emissions by 2050.
  • Achieve 99% waste recycling rate by 2050.
  • Maintain chemical substance intensity of 0.3 kg per KRW 100 million by 2050.

🌱 ESG Focus Areas

Climate Action and Energy SavingWaste and Pollutant ManagementImprovement in Working Conditions for EmployeesProduct Safety and Quality ManagementInformation SecurityEthics and Compliance Management

⚠️ Challenges & Risks +

  • Increased GHG emissions derived from business expansion.
  • Rising demands for establishment of gradual GHG reduction goals and implementation.
  • Heightened investment and upkeep expenses for facilities in response to more rigorous waste discharge regulations.
  • Occupational accident risks in manufacturing.
  • Leakage of core technical data.
  • Incidents of corruption.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB, TCFD
Assurance: Korea Management Registrar (KMR)