Samyang Corporation, headquartered in South Korea (KR), is a prominent player in the food and chemical industries. Founded in 1924, the company has evolved significantly, establishing itself as a leader in the production of instant noodles, seasonings, and various food products, alongside its chemical manufacturing operations. With a strong presence in Asia and expanding markets globally, Samyang is renowned for its innovative offerings, particularly its spicy instant noodles, which have garnered a dedicated following. The company’s commitment to quality and unique flavour profiles sets it apart in a competitive landscape. Samyang's notable achievements include its successful international expansion and recognition for excellence in food safety and quality standards. As a trusted brand, Samyang continues to shape culinary experiences while maintaining a robust market position in both the food and chemical sectors.
How does Samyang'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.
Mean score of companies in the Plastic production 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.
Samyang's score of 32 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Samyang reported total carbon emissions of approximately 2,605,750 kg CO2e, comprising 143,307,000 kg CO2e from Scope 1, 117,277,000 kg CO2e from Scope 2, and a significant 1,864,625,000 kg CO2e from Scope 3 emissions. This indicates a comprehensive approach to emissions reporting, including direct and indirect emissions across their value chain. In previous years, Samyang's emissions were as follows: in 2021, they emitted about 12,342,210 kg CO2e (Scope 1: 59,820 kg CO2e, Scope 2: 12,282,390 kg CO2e), and in 2020, their total was approximately 5,762,520 kg CO2e (Scope 1: 10,850 kg CO2e, Scope 2: 5,751,670 kg CO2e). The data shows a trend of increasing emissions, particularly in Scope 3, which reflects the broader impact of their supply chain and product lifecycle. Despite the detailed emissions reporting, there are currently no specified reduction targets or climate pledges from Samyang. This lack of formal commitments may indicate an opportunity for the company to enhance its sustainability strategy and align with industry standards for climate action. As the company continues to grow, addressing these emissions will be crucial for meeting global climate goals and improving their environmental footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 195,322,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 109,322,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 0,000,000,000 |
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.
Samyang 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.