Nongshim Co., Ltd., a leading name in the food products industry, is headquartered in South Korea (KR) and has established a significant presence across Asia, North America, and Europe. Founded in 1965, Nongshim has become synonymous with high-quality instant noodles and snacks, particularly its renowned Shin Ramyeon, which has garnered a loyal global following.
The company operates within the "Food products nec" sector, focusing on the production of instant noodles, snacks, and beverages. Nongshim's commitment to innovation and quality has positioned it as a market leader, with notable achievements including numerous awards for product excellence. With a dedication to authentic flavours and premium ingredients, Nongshim continues to expand its reach, making it a prominent player in the global food landscape.
-1 vs industry average
Nongshim’s score of 16 is lower than 41% 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
Food Product Manufacturing is among the most carbon-intensive industries
Industry performance
The Food Product Manufacturing industry has increased its overall emissions by 9% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nongshim's reported carbon emissions
Nongshim, a food products company based in KR, has reported significant progress in reducing its greenhouse gas (GHG) emissions. For the 2024 reporting year, Nongshim's Scope 1 emissions totalled approximately 91.98 million kg CO2e, while Scope 2 emissions reached about 113.73 million kg CO2e. Combined Scope 1 and 2 emissions for 2024 were approximately 205.68 million kg CO2e.
In 2023, Nongshim's Scope 1 emissions were approximately 90.62 million kg CO2e, and Scope 2 emissions were around 107.02 million kg CO2e, resulting in a total of roughly 197.61 million kg CO2e for Scope 1 and 2.
The company's climate commitments include a target to reduce GHG emissions by 22.5% by 2030, using 2020 as the baseline year. This reduction effort applies to both Scope 1 and Scope 2 emissions. Nongshim plans to achieve this by implementing strategies such as installing high-efficiency facilities, increasing investments in new and renewable energy sources, and introducing eco-friendly steam.
Nongshim has not yet reported on Scope 3 emissions. The company's emissions data is not cascaded from a parent organisation, indicating that the reported figures are specific to Nongshim.
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Nongshim’s Climate Goals (2030 & 2050)
2 goals2030
22.5% reduction in Scope 1
To reduce GHG emissions by 22.5% by 2030 compared to the baseline year of 2020, we plan to make various efforts, such as installing high-eff…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Nongshim
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