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Kumho Petrochemical Co., Ltd., commonly referred to as Kumho Petrochemical, is a leading player in the chemicals nec industry, headquartered in South Korea (KR). Established in 1970, the company has made significant strides in the production of synthetic rubber, resins, and other petrochemical products, positioning itself as a key supplier in various sectors, including automotive and construction.
With a strong operational presence in Asia and beyond, Kumho Petrochemical is renowned for its innovative approach to product development. Its core offerings, such as synthetic rubber and specialty chemicals, are distinguished by their high quality and performance, catering to the evolving needs of global markets. The company has achieved notable milestones, including advancements in eco-friendly materials, solidifying its reputation as a forward-thinking leader in the petrochemical landscape.
18
DitchCarbon score
-14 vs industry average
Kumho Petrochemical’s score of 18 is lower than 30% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Kumho Petrochemical's reported carbon emissions
Kumho Petrochemical, headquartered in KR and operating in the Chemicals nec industry, reported total emissions of approximately 8.58 billion kg CO2e in 2023. This includes Scope 1 emissions of around 3.01 billion kg CO2e, Scope 2 emissions of about 313.5 million kg CO2e, and Scope 3 emissions of approximately 5.27 billion kg CO2e.
Looking back, their 2022 emissions totalled approximately 9.25 billion kg CO2e (Scope 1: ~3.13 billion kg CO2e; Scope 2: ~344.4 million kg CO2e; Scope 3: ~5.78 billion kg CO2e). In 2021, the total was around 8.05 billion kg CO2e (Scope 1: ~3.04 billion kg CO2e; Scope 2: ~372.4 million kg CO2e; Scope 3: ~5.24 billion kg CO2e). For 2020, total emissions were approximately 8.13 billion kg CO2e (Scope 1: ~3.11 billion kg CO2e; Scope 2: ~391.4 million kg CO2e; Scope 3: ~3.31 billion kg CO2e).
Kumho Petrochemical, through its CDP filings, has outlined a near-term target to reduce both Scope 1 and Scope 2 emissions. The company aims to include 100% of its Scope 1 and 2 emissions in the target scope and reduce them below allocated emission permits by 2025, marking a 4.67% reduction from a 2018 base year. This commitment is specific to Kumho Tire's operations but is reported in the context of Kumho Petrochemical's overall climate strategy.
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Kumho Petrochemical’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Kumho Petrochemical29 days ago
18
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