Cosmax, officially known as Cosmax Inc., is a leading player in the global cosmetics industry, headquartered in South Korea (KR). Founded in 1992, the company has established itself as a pioneer in the development and manufacturing of innovative beauty products, serving major markets across Asia, Europe, and North America. Specialising in skincare, makeup, and personal care, Cosmax offers a diverse range of products that stand out for their quality and cutting-edge formulations. The company is renowned for its commitment to research and development, which has led to numerous industry accolades and a strong market position. With a focus on sustainability and advanced technology, Cosmax continues to set trends in the beauty sector, making it a preferred partner for many global brands seeking to enhance their product offerings.
How does Cosmax'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 Business Services 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.
Cosmax's score of 34 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cosmax reported total carbon emissions of approximately 17,960,000 kg CO2e in South Korea, with emissions distributed across various scopes: 2,640,000 kg CO2e (Scope 1), 11,404,000 kg CO2e (Scope 2), and 3,916,000 kg CO2e (Scope 3). This reflects a significant increase from previous years, where total emissions were about 14,165,000 kg CO2e in 2022 and 14,099,000 kg CO2e in 2021. Cosmax's emissions profile indicates a reliance on energy-intensive operations, particularly evident in Scope 2 emissions, which account for the majority of their carbon footprint. The company has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions, nor have they committed to any science-based targets (SBTi) or climate pledges. Overall, while Cosmax's emissions have fluctuated over the years, their lack of defined reduction strategies highlights an area for potential improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 5,443,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 31,050,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 596,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Cosmax 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.