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 13 is higher than 52% 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 emissions from Scope 1 and Scope 2 amounting to about 152,642,000 kg CO2e globally. Specifically, Scope 1 emissions were around 82,754,000 kg CO2e, while Scope 2 emissions totalled approximately 69,888,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its CO2e emissions from both Scope 1 and Scope 2 by 40% from 2018 levels by the year 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 the figures are independently reported. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, Songwon Industrial Co., Ltd. is actively working towards significant emissions reductions, demonstrating a commitment to environmental sustainability in the chemical manufacturing sector.
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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 | - | - | - |
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.
