Songwon Industrial Co., Ltd. Sustainability Profile
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 13 is lower 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 132,317,820 kg CO2e in South Korea, with global emissions comprising about 152,642,000 kg CO2e, including 82,754,000 kg CO2e from Scope 1 and 69,888,000 kg CO2e from Scope 2. The company has set ambitious climate commitments, aiming for a 40% reduction in Scope 1 and Scope 2 emissions from 2018 levels by 2030, relative to production volume. This target reflects a proactive approach to mitigating climate impact and aligns with industry standards for sustainability. Songwon's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. The company continues to focus on enhancing its environmental performance as part of its broader sustainability strategy.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 78,733,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 71,991,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Songwon Industrial Co., Ltd.'s Industry?
How Carbon Intensive is Songwon Industrial Co., Ltd.'s Location?
Songwon Industrial Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Songwon Industrial Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
