SPC Group Sustainability Profile
SPC Group, headquartered in South Korea (KR), is a leading player in the food and beverage industry, renowned for its diverse portfolio of brands and products. Founded in 1945, the company has achieved significant milestones, including the expansion of its operations across Asia and beyond. SPC Group's core business areas encompass bakery, confectionery, and food service, with popular brands such as Paris Baguette and Baskin-Robbins under its umbrella. What sets SPC Group apart is its commitment to quality and innovation, ensuring that each product meets the highest standards. With a strong market position, SPC Group has garnered numerous accolades, solidifying its reputation as a trusted name in the industry. The company's focus on sustainability and customer satisfaction continues to drive its success in a competitive landscape.
DitchCarbon Score
How does SPC Group'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 Baked Goods 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
SPC Group's score of 8 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SPC Group's reported carbon emissions
In 2024, SPC Group reported total carbon emissions of approximately 82,353,000 kg CO2e, comprising about 25,935,000 kg CO2e from Scope 1 and about 56,418,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, when the Group's global emissions were about 80,794,000 kg CO2e, with Scope 1 at approximately 25,403,000 kg CO2e and Scope 2 at about 55,391,000 kg CO2e. SPC Group has set ambitious climate commitments, aiming for carbon neutrality by 2050. This long-term target applies to both Scope 1 and Scope 2 emissions, with initiatives starting in 2023. The Group is actively working towards these goals, although specific reduction percentages have not been disclosed. The emissions data is not cascaded from any parent organization, indicating that SPC Group independently reports its emissions and climate strategies. The company has not yet disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, SPC Group is taking significant steps towards reducing its carbon footprint and achieving its long-term climate goals.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 6,526,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 15,416,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is SPC Group's Industry?
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SPC Group'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.
SPC Group 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.
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