Our ESG Approach
Our ESG Approach
ESG Story
ESG Story 메뉴
Net Zero Initiative
Fueled by a sense of responsibility for the climate crisis, we have set a Net Zero goal by 2040, aiming to minimize climate risks. Following the TCFD declaration in 2022, we joined SBTi in 2023 and are actively engaged in process optimization, eco-friendly fuel conversion, and securing renewable energy to achieve Net Zero. Additionally, we are driving the establishment of a circular economy system to reduce greenhouse gas emissions not only from direct and indirect emissions but throughout the entire Value Chain. Through communication with various stakeholders, we collect discarded plastic, recycle it into regenerated plastic, and supply it to secure a stable source and market.
Net Zero Roadmap (Scope 1&2)
2040 BAU Emissions | 370,000 tCO₂eq |
---|---|
Process Conversion | 13,000 tCO₂eq (3.4%) |
Eco-friendly Fuel Conversion | 220,000 tCO₂eq (59.4%) |
Mobile Combustion Conversion | 0.03 thousand tCO₂eq (0.1%) |
Renewable Energy | 116,000 tCO₂eq (31.3%) |
Offset | 21,000 tCO₂eq (5.8%) |
Building a Circular Economy
To minimize environmental pollution such as resource depletion and waste generation in a linear economic system and reduce greenhouse gas emissions in the Value Chain (Scope 3), we are promoting a circular economy system
Linear Economy
The closer to raw material sourcing, the lower the recycling rate, requiring new raw material supply for product production
Raw Material Sourcing
Production
Distribution
Usage
Disposal
Materials used closer to disposal are mostly discarded, ending up in landfills or incineration
Circular Economy
Recycling Market
- Contributing to the growth of the recycling market through the purchase of recycled materials and supporting recycling market growth
- Reducing Scope 3 raw material purchase through recycling material supply (Category 1)
- Intermediate processing and final sales transportation, reduction of greenhouse gas Scope 3 product processing through collaboration with suppliers achieving Net Zero (Category 10)
- Consumer Use
- Reduction of greenhouse gas Scope 3 disposal through increased collection and classification of discarded products, increasing recycling rates (Category 12)
- Processing of Discarded Products
- Production of recycled materials