Climate Change Data

Cheil Worldwide

Climate Impact & Sustainability Data (2013, 2014, 2023)

Reporting Period: 2013

Environmental Metrics

Total Carbon Emissions:2316 tCO2e/year
Scope 1 Emissions:940 tCO2e/year
Scope 2 Emissions:1376 tCO2e/year
Water Consumption:610 m3/year
Waste Generated:4.36 tons/year

ESG Focus Areas

  • Client Value
  • Sharing Value
  • Employee Value
  • Environmental Value
  • Mutual Growth Value

Environmental Achievements

  • Reduced greenhouse gas emission by 2.1% compared to 2012
  • Reduced water intake by 4.7% compared to 2012
  • Saved KRW 85 million through energy efficiency

Social Achievements

  • Launched various social contribution programs, including Love Bazaar, Broadcasting Academy, Love Design, and pro bono projects
  • Increased volunteer participation rate to 85%
  • Implemented employee wellbeing initiatives such as Sarang Sarang Committee, Stress Care Center, and i-Cheil Childcare Center

Governance Achievements

  • Established a Sustainability Committee
  • Implemented a compliance management system with a dedicated team and legal information portal
  • Established a risk management system covering financial and non-financial risks

Climate Goals & Targets

Environmental Challenges

  • Global economic instability
  • Diversification of media and expansion of global marketing solution companies
  • Addressing social issues and environmental concerns
Mitigation Strategies
  • Providing systematic solutions and creative ideas
  • Actively acquiring overseas companies to strengthen global capacity
  • Implementing CSV strategies through GCSC, and engaging in various social contribution activities

Supply Chain Management

Responsible Procurement
  • Business Rule on Supplier Management
  • Knowledge Sharing Seminars
  • Web Portal for Suppliers
  • Electronic contract system
  • Online order system

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3.1, ISO 26000

Third-party Assurance: DNV GL Business Assurance Korea Ltd.

Reporting Period: 2014

Environmental Metrics

Total Carbon Emissions:2120 tCO2e/year
Scope 1 Emissions:898 tCO2e/year
Scope 2 Emissions:1222 tCO2e/year
Total Energy Consumption:35.4 TJ/year
Water Consumption:25345 m3/year
Waste Generated:4.19 tons/year

ESG Focus Areas

  • Client Value
  • Sharing Value
  • Employee Value
  • Environmental Value
  • Mutual Growth Value

Environmental Achievements

  • Reduced GHG emissions from 2,316 tCO2e in 2013 to 2,120 tCO2e in 2014. Reduction of 154 tCO2e in Scope 2 and 42 tCO2e in Scope 1 in 2014 through conversion and reinforcement of equipment and other measures.
  • Won a special prize in the CDP disclosure in October 2014 for excellence in target setting and management of GHG emissions.
  • Selected as a Company of Excellence in Eco-Mileage in the 2nd Half of 2014 by the Seoul Metropolitan Government.

Social Achievements

  • Launched the ‘Univoca’ (South Korean-North Korean translator) application to resolve language barriers for North Korean student defectors; won a Bronze at the Cannes Lions.
  • Increased employee volunteer participation rate and hours significantly year-on-year.
  • Improved return and retention rates for female employees after parental leave.
  • Various social contribution programs including 'Look At Me' app for autistic children and 'Power Sleep' app donating idle smartphone CPUs for research.

Governance Achievements

  • Included in the Dow Jones Sustainability Index (DJSI) Asia Pacific and DJSI Korea, the first advertising agency to be included.
  • Established the Compensation Committee and Insider Trading Committee to enhance transparency in corporate management.
  • Implemented a robust compliance management system with training and a legal portal system.

Climate Goals & Targets

Short-term Goals:
  • Increase employee volunteer hours by 5%.

Environmental Challenges

  • Prolonged economic downturn at home and abroad.
  • Global uncertainties in the marketing environment.
  • High number of abandoned dogs in Korea.
  • Environmental impact of discarded analogue TVs.
  • Global consumption and waste production.
Mitigation Strategies
  • Developed wide-ranging advertisers in major global markets.
  • Provided optimal solutions to clients amid global uncertainties.
  • 'Adopt me' campaign to facilitate the adoption of abandoned dogs.
  • 'TV Road' campaign to upcycle discarded TVs into eco-friendly paths.
  • 'Reversible Barcode' campaign to offset environmental impact of purchases.

Supply Chain Management

Responsible Procurement
  • Fair Trade Commission’s ‘Supplier Selection and Management Guideline’
  • ‘Supplier Management Rules’
  • ‘Web Portal for Suppliers’
  • Guideline on Sustainable Management for Suppliers
  • CSR Training for Suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 (Core option)

Third-party Assurance: DNV GL

Awards & Recognition

  • Special prize in the CDP disclosure
  • Company of Excellence in Eco-Mileage

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1940 tCO2e/year
Scope 1 Emissions:775.153 tCO2e/year
Scope 2 Emissions:1157.438 tCO2e/year
Scope 3 Emissions:8.005 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:38 TJ/year
Water Consumption:23731 tons/year
Waste Generated:59 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Achieved an 'A' in the 'KCGS overall rating' for two consecutive years. Environment rating improved from B+ to A.
  • Installed solar power generation facilities on the rooftop of the company building.
  • Achieved three consecutive years of accident-free workplaces since 2021.
  • Became the first in the advertising industry to obtain certification for the safety and health management system (ISO 45001:2018) in 2023.

Social Achievements

  • Achieved an 'A+' in the 'KCGS overall rating' for Social for two consecutive years. Social rating improved from A to A+.
  • Launched 'Green Cheil', an internal eco-friendly organizational culture campaign.
  • Implemented a paperless office initiative, saving approximately 190,000 sheets of paper per year.
  • Maintained a 20% telecommuting rate to improve work flexibility and reduce carbon emissions.
  • Implemented AI-related training to enhance employee growth and work efficiency.
  • Created branded goods in collaboration with local businesses, minimizing environmental impact and maximizing community impact.
  • Introduced the ‘senior outside director system’ to enhance board independence and transparency.
  • Live-streamed general meetings of shareholders online since 2022 and implemented an electronic voting system since 2021.

Governance Achievements

  • Introduced the ‘senior outside director system’ for the first time to enhance the independence and transparency of the board of directors.
  • Live-streamed general meetings of shareholders online since 2022.
  • Implemented an electronic voting system since 2021.

Climate Goals & Targets

Long-term Goals:
  • Achieve complete carbon neutrality by 2050.
Medium-term Goals:
  • Reduce greenhouse gas emissions by 25% by 2030.
  • Introduce 100% new/renewable energy in the medium to long term.
Short-term Goals:
  • Reduce greenhouse gas emissions and energy usage by 2% annually.

Environmental Challenges

  • Increased energy usage due to the end of the COVID-19 pandemic and a 32% increase in the average number of employees in the office compared to 2022.
  • Higher greenhouse gas emissions due to increased energy usage.
Mitigation Strategies
  • Developed and implemented a plan to reduce greenhouse gas emissions and energy usage through facility efficiency improvements (e.g., cleaning boilers, repairing pipe insulation, installing automatic doors, replacing air conditioners and lighting with LED).
  • Installed solar power generation facilities.
  • Implemented a lights-out policy, reduced elevator use, and encouraged the use of staircases.
  • Adjusted indoor temperatures to save energy.
  • Implemented a paperless workplace campaign and encouraged the use of tumblers.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Environmentally Friendly (ESG) Practices Agreement with 96 partner businesses.
  • Preferential treatment for SMEs with outstanding ESG business practices.

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (storms, floods, wildfires, high temperatures)
Transition Risks
  • Increased costs of complying with stricter environmental standards.
Opportunities
  • Cost savings from reducing energy use.
  • Income growth from sustainability-focused marketing campaigns.

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB’s Advertising & Marketing standard

Certifications: ISO 45001:2018

Third-party Assurance: British Standards Institution (BSI)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Cultural Heritage Protection Corporate Award
  • A rating from KCGS for two consecutive years