Binggrae
Binggrae Co., Ltd., commonly known as Binggrae, is a prominent South Korean company headquartered in Jinju, South Korea. Established in 1967, Binggrae has made significant strides in the dairy and food industry, specialising in the production of ice cream, milk, and various snack products. The company is renowned for its innovative offerings, such as the popular Banana Milk, which has become a cultural icon in South Korea. With a strong presence in both domestic and international markets, Binggrae has achieved notable milestones, including expanding its product range to cater to diverse consumer preferences. The company is committed to quality and sustainability, positioning itself as a leader in the competitive food sector. Binggrae's dedication to excellence has earned it a loyal customer base and recognition as a trusted brand in the industry.
DitchCarbon Score
How does Binggrae'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 Food Product 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
Binggrae's score of 14 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Binggrae's reported carbon emissions
In 2021, Binggrae reported total carbon emissions of approximately 60,993,000 kg CO2e. This figure includes about 17,989,000 kg CO2e from Scope 1 emissions and approximately 43,012,000 kg CO2e from Scope 2 emissions. Compared to 2020, when total emissions were about 59,763,000 kg CO2e, this indicates a slight increase in emissions year-on-year. Binggrae has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of Scope 3 emissions data suggests that the company may not yet be addressing emissions from its supply chain or product use. As a result, while Binggrae is actively reporting its emissions, further details on its climate strategy and commitments remain unclear.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 18,237,000 | 00,000,000 |
| Scope 2 | 41,534,000 | 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.
Binggrae 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.
