Amorepacific Corporation, a leading name in the beauty and skincare industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 1945, the company has established itself as a pioneer in innovative beauty solutions, focusing on skincare, cosmetics, and personal care products. Renowned for its commitment to research and development, Amorepacific offers a diverse range of products, including its popular brands such as Sulwhasoo and Laneige, which are celebrated for their unique formulations that blend traditional Asian ingredients with modern technology. With a strong market position, Amorepacific has achieved numerous accolades, solidifying its reputation as a global leader in the beauty sector. The company continues to push boundaries, setting trends and redefining beauty standards worldwide.
How does Amorepacific Corporation'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.
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.
Amorepacific Corporation's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Amorepacific Corporation, headquartered in South Korea (KR), has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets based on a 2020 baseline. For the near term, Amorepacific aims to reduce its absolute Scope 1 and Scope 2 emissions by approximately 48.9% by 2030. Additionally, the company plans to increase its active annual sourcing of renewable electricity from about 3.4% in 2020 to 100% by 2025. In terms of Scope 3 emissions, which include those from purchased goods and services as well as the end-of-life treatment of sold products, Amorepacific has committed to a 25% reduction by 2030. Looking towards the long term, Amorepacific has set a target to achieve a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2050. The company also aims for a 90% reduction in absolute Scope 3 emissions within the same timeframe. Furthermore, Amorepacific has committed to reaching net-zero greenhouse gas emissions across its entire value chain by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with the reductions required to limit global warming to 1.5°C. Amorepacific's proactive approach reflects its commitment to sustainability and environmental responsibility within the consumer durables sector.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Amorepacific Corporation is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.