SUHEUNG Co., Ltd.

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, SUHEUNG Co., Ltd. disclosed greenhouse gas emissions of 53.0K tCO2e/year. By scope: Scope 1: 7.5K tCO2e/year; Scope 2: 28.6K tCO2e/year; Scope 3: 16.9K 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
53.0K tCO2e/year
2023
💧
Water Usage
297.6K tons/year
2023
♻️
Waste
3.2K tons/year
2023
⚙️
Energy Use
191.4K MWh/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).7.5K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.28.6K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).16.9K 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 water usage by 5% and increase water reuse by 5% by 2027 compared to 2022
  • Increase the waste recycling rate to 60% by 2027
  • Reduce the use of hazardous chemicals by 3% by 2025
  • Increase the female employee ratio to 25% by 2025
  • Reduce the industrial accident rate to 0.2% by 2027

📅 Medium-term

  • Achieve 3% reduction to 34,939 tCO2eq by 2025 (compared to 2022)

🌱 ESG Focus Areas

Enhancing Product Safety and QualityIncreasing Customer SatisfactionIntegrating Management of Financial and Non-Financial RisksResponding to Climate Change and Reducing Carbon EmissionsSecuring a foundation for safety and health and internalizing safety managementStrengthening management of environmental pollutantsTalent acquisition and employee capability enhancementEnhancing supply chain sustainabilityReducing waste generation and expanding recyclingBuilding cooperative labor-management relationsEstablishing a sound and transparent governance structureR&D innovation and increasing profitabilityAdvancing ethics and compliance systemsRespect for human rights and diversityExpanding social contributionConservation of biodiversityStrengthening information security and personal information protection

⚠️ Challenges & Risks +

  • High inflation continued due to distribution network disruption and rising raw material prices
  • Economic downturn affected the health functional food industry, with costs rising while consumer sentiment declined
  • Global economic downturn continued due to reduced demand, high exchange rates, and a prolonged recession
  • Climate crisis can have unpredictable impacts, critically affecting business operations

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB, TCFD, UN SDGs, UNGC, Responsible Care (RC)
Assurance: British Standards Institution (BSI)