- Supply chain disruptions due to geopolitical instability, climate change impacts, and protectionism.
- Climate change risks (physical risks from natural disasters and chronic environmental changes, transition risks from stricter regulations and market demands, technology transition to low-carbon technology).
- Non-compliance with the Water Environment Conservation Act at the Busan Plant in 2022.
Poongsan Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Poongsan Corporation disclosed greenhouse gas emissions of 223.4K tCO2e/year. By scope: Scope 1: 60.3K tCO2e/year; Scope 2: 163.2K 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
223.4K tCO2e/year
2023
Water Usage
6.6K thousand tons/year
2023
Waste
37.0K tons/year
2023
Energy Use
4.6K TJ/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). | 60.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 163.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Replaced one old 20-ton water-tube type boiler with five 3-ton once-through boilers with improved efficiency at the Angang Plant, reducing GHG emissions.
- Investing in solar power generation facilities at the Ulsan Plant.
- Achieved ISO 14001 certification across all business locations.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve a ‘continuously improving’ safety culture by 2025.
📅 Medium-term
- Reduce carbon emissions by 10% by 2030.
- Expand the proportion of recycled raw materials in products.
🔭 Long-term
- Net-zero carbon emissions by 2050.
🌱 ESG Focus Areas
Occupational Safety and HealthClimate ActionSupply Chain ManagementEthical Management and ComplianceEnterprise-wide Risks