Cosmax
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cosmax's score of 34 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cosmax's reported carbon emissions
In 2023, Cosmax reported total carbon emissions of approximately 17,960,000 kg CO2e from its operations in South Korea. This figure includes 2,640,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 11,404,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, amounted to 3,916,000 kg CO2e, with significant contributions from business travel (697,000 kg CO2e) and downstream transportation and distribution (1,455,000 kg CO2e). Cosmax has not publicly disclosed specific reduction targets or initiatives related to its carbon emissions. However, the company is actively engaged in sustainability efforts, as indicated by its comprehensive emissions reporting across all three scopes. The absence of defined reduction targets suggests a potential area for future commitment and improvement in alignment with industry standards for climate action.
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| 2020 | 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 |
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.
Cosmax is not participating in any 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.
