- Negative reputation due to insufficient climate action, potentially leading to decreased revenue and stock price.
- Physical damage to assets from extreme weather events (typhoons).
Korea Movenex Co LTD
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Korea Movenex Co LTD disclosed greenhouse gas emissions of 31.9K tCO2e/year. By scope: Scope 1: 1.3K tCO2e/year; Scope 2: 30.6K 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
31.9K tCO2e/year
2022
Energy Use
73.3K MWh/year
2022
📊 Emissions by Scope (2022)
| 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). | 1.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 30.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions by approximately 11.26% compared to the previous year through various energy efficiency initiatives, including the installation of LED lighting and inverters.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce greenhouse gas emissions by more than 20% compared to 2019 by 2030.
🔭 Long-term
- Develop a climate transition plan aligned with a 1.5°C world within the next two years.
🌱 ESG Focus Areas
Climate Change