- Worsening global geopolitical crisis
- Surging commodity prices
- Slowdown in the domestic construction industry
- Increasing raw material costs due to climate change
- Market expansion and sales growth from increasing demand for renewable energy
- Increasing uncertainty in the business environment
- Strengthening legal regulations on non-financial risks and increasing demands for social responsibility
- Lack of manpower at the headquarters to perform on-site inspection
- Impossibility to confirm implementation and effectiveness of environmental management system
Daewoo Engineering & Construction Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-01 to 2023-12 reporting, Daewoo Engineering & Construction Co., Ltd. disclosed greenhouse gas emissions of 68.2K tCO2e/year. By scope: Scope 1: 3.9K tCO2e/year; Scope 2: 54.2K tCO2e/year; Scope 3: 4.7M 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
68.2K tCO2e/year
2023-01 to 2023-12
Water Usage
1.5M m3/year
2023-01 to 2023-12
Waste
995.9K tons/year
2023-01 to 2023-12
Energy Use
1.4K TJ/year
2023-01 to 2023-12
📊 Emissions by Scope (2023-01 to 2023-12)
| 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). | 3.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 54.2K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.7M 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 |
|---|---|
| 2023-01 to 2023-12 | 68.2K tCO2e/year |
| 2021 | 60.4K tCO2e/year |
| 2020 | 59.0K tCO2eq |
| 2018 | 70.7K tCO2e/year (Scope 1+2) |
| 2014 | 63.2K tCO2-e/year (Scope 1+2) |
| 2013 | 70.7K tCO2-e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced 10,169 tCO2-eq compared to total GHG emissions (Scope 1, 2) target
- Reduced 161 TJ compared to total energy consumption (Scope 1, 2) target
- Obtained A+ grade in ESG evaluation environment (E) sector (KCGS)
- Obtained A- grade (Leadership) in CDP Climate Change category
- Developed 15MW class floating offshore wind power design technology
- Developed carbon reduction early strength slag cement concrete technology (up to 54% GHG reduction compared to conventional concrete)
- Expanded application of manager KPI including environmental management indicators
- Established guidelines to improve and strengthen construction waste management
- Established eco-friendly supply chain policies and goals
- Achieved over 95% waste recycling rate
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions to 35,043 tCO2-eq by 2025
- Reduce energy consumption to 1,125 TJ by 2025
- Reduce fatality rate per 10,000 workers to 0.6% or lower by 2024
- Expand assessment target to all major suppliers by 2026
📅 Medium-term
- Reduce GHG emissions to 35,043 tCO2-eq by 2030
- Reduce energy consumption to 477 TJ by 2030
- Reduce fatality rate per 10,000 workers to 0.2% or lower by 2027
- Involve all business partners in human rights impact assessments by 2026
🔭 Long-term
- Achieve carbon neutrality (Net-Zero) by 2050
🌱 ESG Focus Areas
Climate ChangeEnvironmental ManagementEco-friendly ConstructionHealth and Safety ManagementHuman Resources/Human Rights ManagementCustomer Satisfaction and Quality ManagementSupply Chain ManagementGovernanceEthical Management and ComplianceIntegrated Risk ManagementInformation Security and Personal Information Protection