Korea Zinc
Korea Zinc Co., Ltd., a leading player in the non-ferrous metal industry, is headquartered in the vibrant city of Ulsan, South Korea. Founded in 1974, the company has established itself as a global leader in zinc production, with significant operations across Asia, including facilities in Australia and the Philippines. Korea Zinc is renowned for its high-quality zinc products, which are essential in various applications, from galvanisation to battery manufacturing. The company’s commitment to innovation and sustainability sets it apart, as it continually invests in advanced technologies to enhance production efficiency and reduce environmental impact. With a strong market position, Korea Zinc has achieved notable milestones, including being one of the largest zinc producers worldwide. Its dedication to quality and sustainability has earned it a reputation as a trusted supplier in the global market.
DitchCarbon Score
How does Korea Zinc'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 Electrical Machinery 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
Korea Zinc's score of 49 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Korea Zinc's reported carbon emissions
In 2023, Korea Zinc, headquartered in South Korea (KR), reported total carbon emissions of approximately 3,277,964,000 kg CO2e. This figure includes 2,574,427,000 kg CO2e from Scope 1 emissions and 703,539,000 kg CO2e from Scope 2 emissions. Additionally, the company recorded Scope 3 emissions of about 4,693,476,000 kg CO2e, which encompasses various categories such as purchased goods and services, processing of sold products, and waste generated in operations. Korea Zinc has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has not reported any science-based targets (SBTi) or climate pledges, indicating a potential area for future development in their sustainability strategy. In previous years, Korea Zinc's emissions have shown fluctuations, with total emissions in 2022 amounting to approximately 3,450,416,000 kg CO2e, and in 2021, they were about 4,257,615,000 kg CO2e. The company has been actively disclosing its emissions data across Scope 1, 2, and 3, reflecting a growing transparency in its environmental impact reporting. Overall, while Korea Zinc has made strides in emissions reporting, the absence of specific reduction targets highlights an opportunity for the company to enhance its climate commitments and align with global sustainability goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,215,475,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,629,769,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Korea Zinc 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.
