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 28 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Songwon Industrial Co., Ltd.'s reported carbon emissions
In 2023, Songwon Industrial Co., Ltd., headquartered in South Korea (KR), reported total carbon emissions of approximately 82,754,000 kg CO2e for Scope 1 and 69,888,000 kg CO2e for Scope 2. Additionally, the company recorded Scope 3 emissions of about 1,005,000 kg CO2e, primarily from purchased goods and services. Over the years, Songwon has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved Scope 1 emissions of approximately 80,373,000 kg CO2e and Scope 2 emissions of about 64,415,000 kg CO2e, indicating a downward trend in emissions compared to previous years. For instance, in 2021, Scope 1 emissions were around 93,358,000 kg CO2e and Scope 2 emissions were approximately 77,437,000 kg CO2e. Despite these reductions, there are currently no specific reduction targets or initiatives disclosed by Songwon, such as Science-Based Targets Initiative (SBTi) commitments or documented reduction targets. The company continues to focus on its operational efficiency and sustainability practices to mitigate its environmental impact.
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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 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.
