Aekyung Chemical Sustainability Profile
Aekyung Chemical, a prominent player in the chemical industry, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in 1953, the company has established itself as a leader in the production of high-quality chemical products, including surfactants, adhesives, and specialty chemicals. With a commitment to innovation and sustainability, Aekyung Chemical has achieved significant milestones, such as expanding its product portfolio and enhancing its manufacturing capabilities. The company is renowned for its unique formulations that cater to diverse industries, including personal care, household products, and industrial applications. Aekyung Chemical's strong market position is underscored by its dedication to research and development, enabling it to deliver cutting-edge solutions that meet evolving customer needs.
DitchCarbon Score
How does Aekyung Chemical's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Aekyung Chemical's score of 11 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aekyung Chemical's reported carbon emissions
In 2023, Aekyung Chemical reported total carbon emissions of approximately 9,760,000 kg CO2e, with Scope 1 emissions accounting for about 424,756 kg CO2e and Scope 2 emissions at approximately 9,338,185 kg CO2e. This represents a slight increase from 2022, when total emissions were about 9,416,000 kg CO2e, with Scope 1 emissions at approximately 303,000 kg CO2e and Scope 2 emissions at about 9,113,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Aekyung Chemical has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. As a current subsidiary of Aekyungchemical Co., Ltd., emissions data is cascaded from the parent company, which may influence the overall sustainability strategy. The absence of specific reduction initiatives or targets suggests that Aekyung Chemical may need to enhance its climate action framework to align with industry standards and expectations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 110,415,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 64,016,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Aekyung Chemical's Industry?
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Aekyung Chemical's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aekyung Chemical has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
