Amorepacific Group Co., Ltd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020

In its 2023 reporting, Amorepacific Group Co., Ltd disclosed greenhouse gas emissions of 270.5K tCO2eq (Amorepacific Group). By scope: Scope 1: 12.6K tCO2eq (Amorepacific Group); Scope 2: 24.4K tCO2eq (Amorepacific Group); Scope 3: 236.7K tCO2eq (Amorepacific Group). 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
270.5K tCO2eq (Amorepacific Group)
2023
⚡
Renewable Energy
51.4% (Amorepacific)
of total energy
💧
Water Usage
869.2K m3 (Amorepacific Group)
2023
♻️
Waste
7.7K tonnes (Amorepacific Group)
2023
⚙️
Energy Use
570 TJ (Amorepacific Group)
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).12.6K tCO2eq (Amorepacific Group)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.24.4K tCO2eq (Amorepacific Group)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).236.7K tCO2eq (Amorepacific Group)

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
2023270.5K tCO2eq (Amorepacific Group)
2022555.0K tCO2e (553482 tCO2e after offset)
202147.7K tCO2e/year (2021)
202095.5K tCO2e

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

  • Achieve RE100 by 2025.
  • Reduce water consumption by unspecified amount by 2025.

📅 Medium-term

  • Reduce greenhouse gas emissions by unspecified amount by 2030.
  • Use recycled or bio-based plastics for 30% of all plastic packaging by 2030.
  • Design all plastic packaging materials to be 100% recyclable, reusable, or compostable by 2030.

🔭 Long-term

  • Net-zero emissions by 2050.

🌱 ESG Focus Areas

Climate Change and Energy ManagementEnvironmental Impact of Packaging MaterialsBiodiversity ConservationSupplier ESGWater UsageSustainable Products and ServicesWaste RecyclingIndustrial SafetyHealthy Governance StructureHazardous ChemicalsAnti-Corruption prevention

⚠️ Challenges & Risks +

  • Increased regulatory cost burden due to greenhouse gas regulations and carbon taxes.
  • Increased cost burden due to the expansion of the disclosure scope and strengthening of standards for climate change response.
  • Increased compliance costs due to strengthening environmental regulations on product packaging.
  • Litigation or legal sanctions from civil society and local community stakeholders.
  • Increased R&D cost burden to respond to the demand for low-carbon/eco-friendly products.
  • Loss of sales opportunities due to failure to respond to consumer demand for eco-friendly products.
  • Increased procurement costs due to the rising demand for raw materials with eco-friendly certification.
  • Rise in raw material procurement costs from key supply chain due to carbon regulations.
  • Increase in electricity cost due to the passed-on from decarbonization and energy transition in the power sector.
  • Products being sold or business operations being stigmatized as environmentally destructive.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB Standards for the Household & Personal Products industry, TCFD, UNGC
Assurance: Samil PwC