Daewoo E And C Sustainability Profile
Daewoo Engineering & Construction Co., Ltd. (commonly known as Daewoo E&C) is a prominent player in the construction and engineering industry, headquartered in South Korea (KR). Founded in 1973, the company has established a strong presence in various operational regions, including Asia, the Middle East, and Africa. Specialising in civil engineering, architecture, and construction management, Daewoo E&C is renowned for its innovative approach and commitment to quality. The company offers a diverse range of services, including infrastructure development, residential projects, and industrial facilities, setting itself apart with advanced technology and sustainable practices. With a solid market position, Daewoo E&C has achieved numerous accolades, reflecting its dedication to excellence and its significant contributions to landmark projects worldwide.
DitchCarbon Score
How does Daewoo E And C'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 Construction Work 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
Daewoo E And C's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Daewoo E And C's reported carbon emissions
In 2023, Daewoo Engineering & Construction Co., Ltd. (Daewoo E&C), headquartered in South Korea (KR), reported total carbon emissions of approximately 2,830,442,000 kg CO2e. This figure includes 58,077,000 kg CO2e from Scope 1 and 2 emissions combined, while Scope 3 emissions accounted for about 2,772,365,000 kg CO2e. Notably, the largest contributors to Scope 3 emissions were the use of sold products (approximately 2,830,442,000 kg CO2e) and purchased goods and services (about 1,732,759,000 kg CO2e). In 2022, Daewoo E&C's emissions were reported at approximately 4,503,832,000 kg CO2e, with Scope 1 emissions at 6,266,000 kg CO2e and Scope 2 emissions at 52,968,000 kg CO2e. The Scope 3 emissions for that year were significant, with the use of sold products contributing around 2,808,838,000 kg CO2e. Daewoo E&C has set ambitious targets to reduce greenhouse gas emissions by 37% by 2030 compared to a Business As Usual (BAU) scenario, specifically targeting reductions in both Scope 1 and Scope 2 emissions. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that Daewoo E&C independently reports its carbon footprint and climate commitments. The company continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.
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| 2010 | 2011 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,925,000 | 00,000,000 | 00,000,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | - |
| Scope 2 | 47,521,000 | 00,000,000 | 00,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | 109,200,000 | 00,000,000 | 00,000,000 | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Daewoo E And C's Industry?
How Carbon Intensive is Daewoo E And C's Location?
Daewoo E And C's Scope 3 Categories Breakdown
Daewoo E And C's Scope 3 emissions, which increased by 4% last year and increased significantly since 2010, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
Daewoo E And C'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.
Daewoo E And C 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.
