Samyang
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Samyang's score of 28 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Samyang's reported carbon emissions
In 2023, Samyang reported total carbon emissions of approximately 2,000,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 143,307,000 kg CO2e, while Scope 2 emissions totalled approximately 117,277,000 kg CO2e. The most substantial impact came from Scope 3 emissions, which reached about 1,864,625,000 kg CO2e, primarily driven by purchased goods and services, accounting for approximately 1,409,213,000 kg CO2e. Samyang has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 emissions by 2030, updated in 2024 to align with the Science Based Targets initiative (SBTi) 1.5°C scenario. Additionally, the company targets a 72% reduction by 2040 and aims for a complete 100% reduction in GHG emissions by 2050. These initiatives reflect Samyang's commitment to sustainability and its proactive approach to mitigating climate change impacts.
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| 2020 | 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 |
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.
Samyang 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.
