Iljin Electric Co.,Ltd
Iljin Electric Co., Ltd., headquartered in South Korea, is a prominent player in the electrical equipment industry, specialising in high-quality power transmission and distribution solutions. Founded in 1973, the company has established a strong presence in both domestic and international markets, with significant operations across Asia and beyond. Iljin Electric is renowned for its innovative products, including advanced transformers, switchgear, and smart grid technologies, which are designed to enhance energy efficiency and reliability. The company’s commitment to research and development has positioned it as a leader in the sector, achieving notable milestones such as ISO certifications and various industry awards. With a focus on sustainability and cutting-edge technology, Iljin Electric continues to drive advancements in the electrical infrastructure landscape.
DitchCarbon Score
How does Iljin Electric Co.,Ltd'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 Other Non-Ferrous Metal Products 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
Iljin Electric Co.,Ltd's score of 23 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iljin Electric Co.,Ltd's reported carbon emissions
In 2023, Iljin Electric Co., Ltd reported total carbon emissions of approximately 11,854,000 kg CO2e for Scope 1 and about 23,922,000 kg CO2e for Scope 2, resulting in a combined total of around 35,775,000 kg CO2e. This marks a significant increase from 2022, where emissions were approximately 9,021,000 kg CO2e for Scope 1 and about 22,048,000 kg CO2e for Scope 2, leading to a total of around 31,609,000 kg CO2e. In 2021, the company reported approximately 8,350,000 kg CO2e for Scope 1 and about 21,006,000 kg CO2e for Scope 2, totalling around 29,356,000 kg CO2e. Iljin Electric has set ambitious reduction targets, aiming for a 54.6% reduction in both Scope 1 and Scope 2 emissions by 2033, in line with Science Based Targets initiative (SBTi) criteria. These targets were established in 2023 and reflect the company's commitment to long-term sustainability. The emissions data is cascaded from Iljin Holdings Co., Ltd., the parent company, indicating a corporate family relationship that influences Iljin Electric's climate commitments. The company has not disclosed any Scope 3 emissions data, focusing primarily on direct and indirect emissions from its operations. Overall, Iljin Electric Co., Ltd is actively working towards reducing its carbon footprint while adhering to industry standards for climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 8,350,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 21,006,000 | 00,000,000 | 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.
Iljin Electric Co.,Ltd is participating in some 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.
