- Increased direct costs due to carbon pricing mechanisms (Korea ETS).
- Risk of fines, penalties, or enforcement orders for water-related regulatory violations.
- Risk of product damage due to extreme weather events (heavy rains and typhoons).
- Increased partner and stakeholder concern or negative feedback due to increasing ESG-related requests from clients.
Hyosung Chemical Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hyosung Chemical Co., Ltd. disclosed greenhouse gas emissions of 867.3K tCO2e/year. By scope: Scope 1: 319.3K tCO2e/year; Scope 2: 548.1K tCO2e/year; Scope 3: 2.0M 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
867.3K tCO2e/year
2023
Renewable Energy
0.01%
of total energy
Water Usage
7.2K ML/year
2023
Energy Use
1.9M MWh/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). | 319.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 548.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.0M 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 | 867.3K tCO2e/year |
| 2021 | 33.4K tCO2eq/year (2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions by 1397 tCO2e compared to the previous year due to various reduction activities.
- Invested 663 million KRW in greenhouse gas reduction activities, resulting in an estimated decrease of 1,927 tons of CO2 equivalent per year in greenhouse gas emissions and a reduction of 40.3 TJ per year in energy consumption.
- Sold 5,280 tons of remaining carbon credits, generating revenue of approximately 46 million KRW.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve a 14.5% reduction in greenhouse gas emissions by 2030 compared to 2018 levels.
🌱 ESG Focus Areas
Climate ChangeWater Security