Binggrae Sustainability Profile
Binggrae Co., Ltd., commonly known as Binggrae, is a prominent South Korean company headquartered in Jinju, South Korea. Established in 1967, Binggrae has made significant strides in the dairy and food industry, specialising in the production of ice cream, milk, and various snack products. The company is renowned for its innovative offerings, such as the popular Banana Milk, which has become a cultural icon in South Korea. With a strong presence in both domestic and international markets, Binggrae has achieved notable milestones, including expanding its product range to cater to diverse consumer preferences. The company is committed to quality and sustainability, positioning itself as a leader in the competitive food sector. Binggrae's dedication to excellence has earned it a loyal customer base and recognition as a trusted brand in the industry.
DitchCarbon Score
How does Binggrae'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 Food Product Manufacturing 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
Binggrae's score of 14 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Binggrae's reported carbon emissions
In 2021, Binggrae, headquartered in South Korea (KR), reported total carbon emissions of approximately 60,993,000 kg CO2e. This figure includes about 17,989,000 kg CO2e from Scope 1 emissions and about 43,012,000 kg CO2e from Scope 2 emissions. The previous year, 2020, saw total emissions of about 59,763,000 kg CO2e, with Scope 1 emissions at approximately 18,237,000 kg CO2e and Scope 2 emissions at around 41,534,000 kg CO2e. Binggrae has not disclosed any Scope 3 emissions data, and there are currently no specific reduction targets or climate pledges outlined in their sustainability initiatives. The company does not appear to inherit emissions data from a parent organization, as indicated by the absence of cascaded data. Overall, Binggrae's commitment to addressing climate change remains unclear, with no significant reduction initiatives or targets reported at this time.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 18,237,000 | 00,000,000 |
| Scope 2 | 41,534,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Binggrae's Industry?
How Carbon Intensive is Binggrae's Location?
Binggrae'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.
Binggrae 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.
