Samyang Holdings
Samyang Holdings Corporation, headquartered in South Korea (KR), is a prominent player in the global food and pharmaceutical industries. Founded in 1924, the company has evolved significantly, marking key milestones in its journey towards innovation and excellence. With a diverse portfolio, Samyang is renowned for its instant noodles, seasonings, and food ingredients, as well as its pharmaceutical products. The unique blend of traditional recipes and modern technology sets Samyang apart in a competitive market. As a leader in the food sector, Samyang Holdings has garnered international acclaim, particularly for its spicy noodle offerings, which have captivated consumers worldwide. The company continues to expand its operational reach, solidifying its position as a trusted name in both the culinary and healthcare landscapes.
DitchCarbon Score
How does Samyang Holdings'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 Holdings's score of 31 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Samyang Holdings's reported carbon emissions
In 2023, Samyang Holdings reported total carbon emissions of approximately 18,576,000 kg CO2e. This figure includes 582,000 kg CO2e from Scope 1 emissions, 17,994,000 kg CO2e from Scope 2 emissions, and a significant 218,163,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions encompass various categories, including investments (210,649,000 kg CO2e), purchased goods and services (1,851,000 kg CO2e), and waste generated in operations (527,000 kg CO2e). Over the years, Samyang Holdings has seen fluctuations in its emissions, with total emissions rising from about 5,899,900 kg CO2e in 2019 to 18,576,000 kg CO2e in 2023. Notably, the company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. The company’s emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which represents a substantial portion of their overall carbon footprint. As the global focus on sustainability intensifies, Samyang Holdings may need to develop and communicate clear strategies for reducing its carbon emissions in alignment with industry standards.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 10,300 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 5,889,600 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 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 Holdings 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.
