Amorepacific Corporation
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:28,675 tCO2eq/year (2022)
Scope 1 Emissions:970 tCO2eq/year (2022)
Scope 2 Emissions:0 tCO2eq/year (2022)
Scope 3 Emissions:18,748 tCO2eq/year (2022)
Renewable Energy Share:100% (Osan Amore Beauty Park, 2022)
ESG Focus Areas
- Ginseng science
- Environment
- Cultural heritage
Environmental Achievements
- Achieved 100% renewable energy use at Osan Amore Beauty Park in 2022
- Reduced plastic use by approximately 70% in The Ultimate S Cream packaging (2023)
- Reduced glass use by 12.8% and 25% in First Care Activating Serum 90ml and 120ml respectively
- Achieved 100% or higher resource circulation rate at Osan Amore Beauty Park, earning Platinum rating in Zero Waste to Landfill certification (September 2023)
- Reduced 10 tons of plastic based on new bundle products released in the Korean market in the second half of 2023
- Reduced 10 tons of plastic based on total production volume of The Ultimate S Cream (full product) in 2022
- Reduced plastic by max 55% based on 30ml refill for The Ultimate S Cream
Social Achievements
- 100% contract-based cultivation system for ginseng, ensuring continuous job creation at farms
- Fair purchase agreements with local communities for raw materials since 2010
- Launched Sulwhasoo Culture Project (2022) to engage college/graduate students in preserving and communicating traditional culture
- Partnership with The Metropolitan Museum of Art (2023) to promote global heritage
- Donated proceeds from Sulwha Culture Night (2006) and Sulwha Cultural Exhibition (2010) to support Korean traditional skills, funding 30 artisans to date
- Launched ‘Beauty from Your Culture’ campaign (2017) to promote traditional cultural heritage globally
Governance Achievements
- Declared ‘No Animal Testing for Cosmetics’ since 2008, joining ICCS in 2023
- First Care Activating Serum VI won the 2023 Red Dot Design Award
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050 (implied)
Medium-term Goals:
- Achieve carbon neutrality at business sites by 2030
Short-term Goals:
- Reduce plastic use by 15% by 2030
- Use at least 30% recycled materials in packaging by 2030
- Design 100% recyclable/reusable/compostable products by 2030
Environmental Challenges
- Climate change
- Maintaining the authenticity and availability of Korean traditional herbs
- Reducing environmental impact across the entire product lifecycle
Mitigation Strategies
- Transition to sustainable packaging (reducing plastic, using recycled materials, etc.)
- Achieving carbon neutrality in production by 2030
- Developing DNA barcoding technology for plant identification and conservation (over 85% coverage)
- Contract-based cultivation system for ginseng and fair procurement from local communities
- Optimizing water footprint in production
- Investing in carbon sequestration or removal projects
Supply Chain Management
Responsible Procurement
- 100% contract-based cultivation system for ginseng; fair purchase agreements with local communities
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Refill options for makeup and skincare products
- The Ultimate S Cream with 70% less plastic packaging
Awards & Recognition
- 2023 Red Dot Design Award (First Care Activating Serum VI)
- RE100 Leadership Award (Amorepacific)