Kumho Chemicals, Inc.
Kumho Chemicals, Inc., a prominent player in the chemical industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 1960, the company has established itself as a leader in the production of high-performance materials, including synthetic rubber, specialty chemicals, and advanced polymer products. Kumho Chemicals is renowned for its innovative approach, particularly in the development of eco-friendly solutions that cater to diverse industries such as automotive, construction, and electronics. With a commitment to sustainability and quality, the company has achieved significant milestones, positioning itself as a trusted supplier in the global market. Its dedication to research and development ensures that Kumho Chemicals remains at the forefront of industry advancements, making it a key player in the chemical sector.
DitchCarbon Score
How does Kumho Chemicals, Inc.'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
Kumho Chemicals, Inc.'s score of 31 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kumho Chemicals, Inc.'s reported carbon emissions
In 2023, Kumho Chemicals, Inc. reported total carbon emissions of approximately 8,410,000,000 kg CO2e, comprising 3,009,402,000 kg CO2e from Scope 1, 313,545,000 kg CO2e from Scope 2, and 5,271,699,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions compared to 2022, where they were about 3,128,818,000 kg CO2e, while Scope 2 emissions also decreased from 344,400,000 kg CO2e in 2022. Over the past few years, Kumho Chemicals has shown fluctuations in its emissions, with Scope 1 emissions peaking at approximately 3,303,989,000 kg CO2e in 2021 and Scope 3 emissions reaching a high of about 5,236,713,000 kg CO2e in the same year. The company has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Kumho Chemicals operates within a sector that is increasingly scrutinised for its environmental impact, and while they have not set formal reduction targets, their ongoing emissions reporting indicates a commitment to monitoring and potentially addressing their carbon footprint in the future.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,108,304,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 391,427,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,311,681,000 | 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.
Kumho Chemicals, Inc. 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.
