Kolon Industries
Kolon Industries, a leading South Korean conglomerate, is headquartered in Seoul, South Korea (KR). Founded in 1957, the company has established itself as a key player in the textile, chemical, and advanced materials industries. With a strong presence in Asia, Europe, and North America, Kolon Industries focuses on innovative solutions in areas such as high-performance fibres, engineering plastics, and eco-friendly materials. The company is renowned for its flagship products, including aramid fibres and biodegradable plastics, which set it apart in the competitive landscape. Kolon Industries has achieved significant milestones, including advancements in sustainable manufacturing practices and a commitment to research and development. As a result, it holds a prominent market position, recognised for its contributions to both industrial and consumer sectors.
DitchCarbon Score
How does Kolon Industries'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
Kolon Industries's score of 43 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kolon Industries's reported carbon emissions
In 2023, Kolon Industries reported total greenhouse gas emissions of approximately 116,962,000 kg CO2e for Scope 1 and about 539,412,000 kg CO2e for Scope 2. This marks a decrease from 2022, where emissions were approximately 140,694,000 kg CO2e for Scope 1 and 577,452,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. Kolon Industries has established a near-term target to reduce absolute Scope 1 and 2 emissions by 54.6% by 2033, using 2022 as the baseline year. Additionally, the company aims to cut Scope 3 emissions by 32.5% within the same timeframe. Long-term, Kolon Industries is committed to a 90% reduction in total emissions (Scopes 1, 2, and 3) by 2050, also based on 2022 levels. The company has developed a carbon-neutral roadmap, with a specific goal of achieving net-zero emissions by 2040. These initiatives reflect Kolon Industries' commitment to sustainability and alignment with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 130,005,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 480,920,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| 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.
Kolon Industries 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.
