Shinwon Co., Ltd., commonly referred to as Shinwon, is a prominent player in the South Korean fashion industry, headquartered in Seoul, KR. Founded in 1980, the company has established itself as a leader in apparel manufacturing and retail, with a strong presence in both domestic and international markets. Shinwon is renowned for its diverse range of products, including casual wear, formal attire, and accessories, catering to various demographics. The brand is particularly noted for its commitment to quality and innovative design, setting it apart from competitors. Over the years, Shinwon has achieved significant milestones, including collaborations with global brands and expansion into key markets across Asia and beyond. With a solid market position, Shinwon continues to thrive, driven by its dedication to sustainability and customer satisfaction, making it a respected name in the fashion landscape.
How does Shinwon'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 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.
Shinwon's score of 36 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shinwon Corporation, headquartered in South Korea, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2050. Although specific carbon emissions data for recent years is not available, the company has established significant reduction targets. Shinwon aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. Additionally, the company has committed to a similar 42% reduction in its absolute Scope 3 emissions within the same timeframe. Looking further ahead, Shinwon plans to achieve a 100% reduction in Scope 1 and Scope 2 emissions and a 90% reduction in Scope 3 emissions by 2050. These targets are part of Shinwon's broader strategy to align with climate science and contribute to global efforts to mitigate climate change. The company’s commitment to sustainability reflects its recognition of the importance of reducing carbon footprints in the textiles, apparel, footwear, and luxury goods sector.
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.
Shinwon is committed to some 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.