Doowon Corporation Sustainability Profile
Doowon Corporation, a leading player in the automotive components industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 1973, the company has established itself as a trusted provider of high-quality automotive parts, specialising in areas such as thermal management and electronic control systems. With a commitment to innovation, Doowon Corporation offers unique products that enhance vehicle performance and efficiency. The company’s dedication to research and development has led to significant milestones, including partnerships with major automotive manufacturers. Recognised for its excellence, Doowon holds a strong market position, consistently delivering reliable solutions that meet the evolving needs of the automotive sector.
DitchCarbon Score
How does Doowon Corporation'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 Motor Vehicle 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
Doowon Corporation's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Doowon Corporation's reported carbon emissions
In 2023, Doowon Corporation reported total carbon emissions of approximately 4,000,000 kg CO2e for Scope 1, about 54,151,000 kg CO2e for Scope 2, and a significant 4,677,033,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included notable contributions from the use of sold products (approximately 2,830,442,000 kg CO2e) and purchased goods and services (around 1,732,759,000 kg CO2e). Comparatively, in 2022, the company recorded Scope 1 emissions of about 6,266,000 kg CO2e, Scope 2 emissions of approximately 52,968,000 kg CO2e, and Scope 3 emissions of about 4,503,832,000 kg CO2e. This indicates a reduction in Scope 1 emissions by about 1,466,000 kg CO2e from 2022 to 2023. Doowon Corporation has set long-term climate commitments aiming for Net Zero by 2050, in alignment with global guidelines and South Korea's Nationally Determined Contributions (NDCs). The company plans to establish detailed plans to reduce greenhouse gas emissions for both Scope 1 and Scope 2, starting from 2023. The emissions data is not cascaded from any parent company, indicating that Doowon Corporation independently reports its emissions and climate initiatives.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 5,130,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 55,289,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,058,352,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Doowon Corporation's Industry?
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Doowon Corporation's Scope 3 Categories Breakdown
Doowon Corporation's Scope 3 emissions, which increased by 4% last year and increased by approximately 342% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all 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
Doowon Corporation'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.
Doowon Corporation 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.
