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 11 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kumho Chemicals, Inc.'s reported carbon emissions
In 2022, Kumho Chemicals, Inc. reported total carbon emissions of approximately 3,128,818,000 kg CO2e for Scope 1, 344,400,000 kg CO2e for Scope 2, and 3,518,491,000 kg CO2e for Scope 3. This data reflects a comprehensive assessment of their greenhouse gas emissions across all relevant scopes, indicating a significant environmental footprint. Comparatively, in 2021, the company recorded emissions of about 3,036,989,000 kg CO2e for Scope 1, 372,428,000 kg CO2e for Scope 2, and 3,684,896,000 kg CO2e for Scope 3. The 2022 figures show a slight increase in Scope 1 emissions, while Scope 2 emissions decreased, and Scope 3 emissions also saw a reduction. Kumho Chemicals has not publicly committed to specific reduction targets or initiatives, nor do they have any climate pledges or SBTi (Science Based Targets initiative) targets in place. This lack of formal commitments may reflect the broader industry context, where many companies are still developing comprehensive climate strategies. Overall, while Kumho Chemicals, Inc. has made strides in measuring and reporting their emissions, the absence of defined reduction targets suggests an opportunity for further engagement in climate action and sustainability initiatives.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 3,108,304,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 391,427,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,311,681,000 | 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 participating in any 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.
