Young Poong Electronics Co., Ltd. Sustainability Profile
Young Poong Electronics Co., Ltd., commonly referred to as Young Poong, is a leading player in the electronics industry, headquartered in South Korea (KR). Established in 1977, the company has made significant strides in the production of high-quality electronic components, particularly in the fields of semiconductors and display technologies. With a strong operational presence across Asia and beyond, Young Poong is renowned for its innovative solutions that cater to various sectors, including consumer electronics and telecommunications. The company’s core offerings, such as advanced circuit boards and electronic modules, are distinguished by their reliability and cutting-edge technology. Recognised for its commitment to quality and sustainability, Young Poong has solidified its market position, earning accolades for excellence in manufacturing and customer service. As it continues to evolve, Young Poong remains dedicated to driving technological advancements in the electronics landscape.
DitchCarbon Score
How does Young Poong Electronics 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 Communication Equipment Manufacturing 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
Young Poong Electronics Co., Ltd.'s score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Young Poong Electronics Co., Ltd., headquartered in South Korea (KR), currently does not report specific carbon emissions data for the most recent year. The company is a current subsidiary of Korea Zinc Company, Ltd., which influences its climate commitments and performance metrics. As part of its corporate family relationship, Young Poong Electronics inherits climate initiatives and performance data from Korea Zinc Company, Ltd. However, there are no documented reduction targets or specific climate pledges available for Young Poong Electronics at this time. The absence of emissions data and reduction initiatives suggests that the company may still be in the process of establishing its own climate strategy or reporting framework. In the context of the industry, it is essential for companies like Young Poong Electronics to align with global climate standards and initiatives, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), to enhance transparency and accountability in their environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,215,366,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,629,583,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Young Poong Electronics Co., Ltd.'s Industry?
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Young Poong Electronics Co., Ltd.'s Scope 3 Categories Breakdown
Young Poong Electronics Co., Ltd.'s Scope 3 emissions, which decreased by 3% last year and decreased by approximately 1% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 52% of Scope 3 emissions.
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Young Poong Electronics 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.
Young Poong Electronics 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.
