Songwon Industrial Co., Ltd.
Songwon Industrial Co., Ltd., headquartered in South Korea (KR), is a leading global manufacturer in the specialty chemicals industry. Founded in 1965, the company has established a strong presence in key operational regions, including Asia, Europe, and the Americas. Specialising in polymer additives, Songwon offers a diverse range of products, including antioxidants, UV stabilisers, and other performance chemicals that enhance the durability and longevity of materials. Their commitment to innovation and sustainability sets them apart in a competitive market, making them a trusted partner for various industries, including plastics, coatings, and rubber. With a robust market position, Songwon has achieved significant milestones, including the expansion of its production capabilities and a growing portfolio of patented technologies. This dedication to quality and customer satisfaction has solidified Songwon's reputation as a leader in the specialty chemicals sector.
DitchCarbon Score
How does Songwon Industrial Co., Ltd.'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
Songwon Industrial Co., Ltd.'s score of 20 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Songwon Industrial Co., Ltd.'s reported carbon emissions
In 2023, Songwon Industrial Co., Ltd. reported total carbon emissions of approximately 82,754,000 kg CO2e for Scope 1 and 69,888,000 kg CO2e for Scope 2, along with 1,005,000 kg CO2e for Scope 3 emissions, specifically from purchased goods and services. This data reflects their ongoing commitment to transparency in emissions reporting. In 2022, the company achieved Scope 1 emissions of about 84,837,000 kg CO2e and Scope 2 emissions of approximately 64,236,000 kg CO2e. Notably, their Scope 3 emissions were not disclosed for that year. Over the years, Songwon has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in Scope 1 emissions from about 93,358,000 kg CO2e in 2021 to the current figure. However, there are no specific reduction targets or initiatives outlined in their reports, indicating a potential area for future development in their climate strategy. Overall, Songwon's emissions data highlights their significant contributions to carbon emissions within the chemical industry, while their lack of defined reduction targets suggests an opportunity for enhanced climate commitments moving forward.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 82,638,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 69,842,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | - | 0,000,000 |
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.
Songwon Industrial Co., Ltd. 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.
