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 48 is higher than 85% 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 656,374,000 kg CO2e, comprising 116,962,000 kg CO2e from Scope 1 and 539,412,000 kg CO2e from Scope 2. This marks a slight increase from 2022, where total emissions were about 617,500,000 kg CO2e, with Scope 1 at 140,694,000 kg CO2e and Scope 2 at 577,452,000 kg CO2e. In 2021, emissions were higher at approximately 645,130,000 kg CO2e, indicating a trend of fluctuating emissions over the years. Kolon Industries has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 54.6% by 2033 from a 2022 baseline, and Scope 3 emissions by 32.5% within the same timeframe. Long-term goals include a significant reduction of 90% in absolute emissions across all scopes by 2050, demonstrating a strong commitment to sustainability and alignment with global climate goals. The company has also developed a carbon-neutral roadmap with an environmental management agenda extending to 2047, reinforcing its dedication to achieving a sustainable future.
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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.
