Foosung Co
Foosung Co., a leading player in the chemical industry, is headquartered in South Korea (KR) and has established a strong presence in various operational regions across Asia and beyond. Founded in 1976, the company has achieved significant milestones, including the development of innovative chemical solutions that cater to diverse sectors such as electronics, pharmaceuticals, and agriculture. Foosung Co. is renowned for its core products, including high-purity chemicals and advanced materials, which are distinguished by their exceptional quality and reliability. The company’s commitment to research and development has positioned it as a trusted partner in the global market, earning accolades for its sustainable practices and cutting-edge technologies. With a focus on customer satisfaction and industry leadership, Foosung Co. continues to drive advancements in the chemical sector.
DitchCarbon Score
How does Foosung Co'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 Chemicals 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
Foosung Co's score of 0 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Foosung Co's reported carbon emissions
Foosung Co, headquartered in South Korea (KR), has reported its carbon emissions data for the years 2020 and 2021. In 2020, the company emitted approximately 255,119,219 kg CO2e from Scope 1 sources and about 27,593,780 kg CO2e from Scope 2 sources, totalling around 282,713,000 kg CO2e. In 2021, emissions decreased significantly, with Scope 1 emissions at approximately 185,848,911 kg CO2e and Scope 2 emissions at about 29,475,934 kg CO2e, resulting in a total of around 215,324,845 kg CO2e. Despite these figures, Foosung Co has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The company has not committed to any science-based targets or climate pledges, indicating a potential area for improvement in its climate strategy. The reported GHG emissions intensity has varied over the years, with a notable decrease from 0.0104 in 2019 to 0.613 in 2021, reflecting a positive trend in emissions relative to revenue. Overall, while Foosung Co has made strides in reducing its emissions, the absence of formal reduction targets suggests that further commitment to climate action may be necessary to align with industry standards and expectations.
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Add to project| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 255,119,219 | 000,000,000 |
| Scope 2 | 27,593,780 | 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.
Foosung Co 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.
