Binggrae
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 2 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Binggrae's reported carbon emissions
In 2021, Binggrae reported total carbon emissions of approximately 60,993,000 kg CO2e, with Scope 1 emissions at about 17,989,000 kg CO2e and Scope 2 emissions at around 43,012,000 kg CO2e. This marked a slight increase from 2020, when total emissions were approximately 59,763,000 kg CO2e, with Scope 1 at about 18,237,000 kg CO2e and Scope 2 at around 41,534,000 kg CO2e. In 2019, the company recorded total emissions of about 58,209,000 kg CO2e, with Scope 1 emissions of approximately 17,707,000 kg CO2e and Scope 2 emissions of around 40,510,000 kg CO2e. Despite these figures, Binggrae has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies suggests a need for enhanced climate commitments within the industry context. As a major player in the food and beverage sector, Binggrae's emissions profile highlights the importance of addressing carbon footprints and implementing effective sustainability measures.
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Add to project| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 17,707,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 40,510,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Binggrae is not committed to any reduction initiatives 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.
