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 39 is higher than 98% 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, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2050. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. By 2030, Amorepacific aims to reduce its absolute Scope 1 and 2 emissions by approximately 48.9% from a 2020 baseline. Additionally, the company plans to increase its annual sourcing of renewable electricity from about 3.4% in 2020 to 100% by 2025. For Scope 3 emissions, which include those from purchased goods and services as well as the end-of-life treatment of sold products, Amorepacific is committed to a 25% reduction by 2030 from the same 2020 baseline. Looking further ahead, the company has set a long-term target to reduce absolute Scope 1 and 2 emissions by 90% by 2050, alongside a similar 90% reduction target for Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Amorepacific's proactive approach to sustainability reflects its commitment to addressing climate change and reducing its carbon footprint in 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.