C&C International Co., Ltd.
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Sustainable Product Development
- Climate Change Response
- R&D Investment Expansion
Environmental Achievements
- Reduced SOx emissions by approximately half compared to 2020.
- Energy savings of 866,306 kWh through the use of district heating in the Hwaseong Purple County factory.
- Energy savings of 1,932,000 kWh annually through the use of LEDs in the Yong-in Green County and Hwaseong Purple County factories.
Social Achievements
- Achieved 3 years of participation in EcoVadis.
- Selected as Amorepacific's first hazardous substance testing partner.
- CEO Bae Eun-cheol received the 'Industrial Medal for Job Creation'.
Governance Achievements
- Introduced electronic voting in the 9th regular shareholders' meeting in 2021.
Climate Goals & Targets
- 100% of new and existing suppliers to sign onto the company's code of conduct by 2030.
- Increase renewable energy usage through participation in the Korean RE100 program and installation of solar panels.
- Increase the proportion of eco-friendly raw materials used in products to over 5% of sales by 2025.
- Reduce waste and wastewater by 3% compared to 2021.
- Reduce Scope 1, 2, and Scope 3 (categories 2, 5, 7) emissions intensity by 10% by 2030 compared to 2021.
Environmental Challenges
- Supply chain disruptions due to climate events (implied)
- Need to reduce greenhouse gas emissions
Mitigation Strategies
- Replacing company vehicles and diesel trucks with electric vehicles (planned).
- Regular maintenance and repair of factory equipment to improve efficiency and reduce waste.
- Establishment of a greenhouse gas inventory to track emissions.
- Plans to install solar panels on factory rooftops.
- Active use of district heating.
- Replacement of all factory lights with high-efficiency LEDs.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sustainable procurement policy
- Supplier code of conduct
- Verification of RSPO certification for palm oil suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (flooding, storms)
- Damage to facilities and equipment
Transition Risks
- Strengthening of greenhouse gas emission regulations
- Increased customer demand for sustainability
- Instability in raw material supply due to climate change
Opportunities
- Increased demand for eco-friendly products
- Expansion of functional cosmetics business
- Cost reduction through energy efficiency measures
Reporting Standards
Frameworks Used: GRI Standards (Core Option), TCFD, UN SDGs
Certifications: ISO 14001, ISO 9001, ISO 22716, ISO 45001, Eve Vegan, Vegan Society, V-Label, Halal
Third-party Assurance: Markspon (Type 1, Moderate Level)
UN Sustainable Development Goals
- SDG 6
- SDG 7
- SDG 8
- SDG 10
- SDG 12
- SDG 13
Company initiatives contribute to these goals through various environmental, social, and governance activities.
Sustainable Products & Innovation
- Vegan products
- Products with natural and organic ingredients
Awards & Recognition
- Industrial Medal for Job Creation
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Development of Sustainable Products
- Climate Action
- Expansion of Investment in R&D
Environmental Achievements
- Received EcoVadis Gold Medal
- Replaced one corporate passenger car with an electric one in 2022, planning to replace ten by 2025.
- Established GHG inventory and obtained third-party certification.
- Installed EV charger at the factory.
- Replaced all factory lighting with high-efficiency LEDs.
- Adopted district heating system at Purple County, saving 866,306kWh.
- Installed LED lights at Green County and Purple County, saving 1,932,000kWh annually.
Social Achievements
- Joined the United Nations Global Compact (UNGC)
- Maintained ISO 45001 certification.
- Operated family-friendly systems (maternity protection, childcare leave, family care leave, family-affair holiday, flexible work system).
- Conducted employee satisfaction survey.
Governance Achievements
- Appointed an environmental expert as a director of the board.
- Established Code of Ethics and Supplier Code of Conduct.
- Introduced electronic voting system.
- Regular BOD meetings held more than once a quarter.
Climate Goals & Targets
- Not disclosed
- Increase the ratio of partner companies following the Code of Conduct to 70% by 2025 and 100% by 2030.
- Increase the ratio of partner companies subject to ESG assessment to 70% by 2025 and 100% by 2030.
- Expand the share of eco-friendly materials used for products to more than 5% of sales by 2025.
- Reduce Scope 1, Scope 2, and Scope 3 (categories 2, 5, and 7) emissions by 10% compared to 2021 by 2030.
- Reduce process wastewater by 3% to cut down on wastewater discharge.
- Reduce designated and general waste by 3%.
Environmental Challenges
- Sluggish color cosmetics industry due to the COVID-19 pandemic and global inflation.
- Supply chain disruptions due to climate change (e.g., palm oil).
Mitigation Strategies
- Expanded production capacity (Yongin plant completed in 2021).
- Secured alternative sourcing strategies for climate-sensitive raw materials.
- Implemented energy-efficient systems and equipment (district heating, LED bulbs).
- Planning to replace diesel trucks with electric trucks.
- ESG-related factors considered when evaluating suppliers.
Supply Chain Management
Supplier Audits: ESG evaluation of existing suppliers annually from 2023.
Responsible Procurement
- Sustainable procurement policy
- Supplier Code of Conduct (labor and human rights, safety and health, environmental protection, ethics and integrity)
- RSPO certification checked for raw materials exported to the EU.
Climate-Related Risks & Opportunities
Physical Risks
- Abnormal climate events (typhoons, torrential rain)
- Facility damage and business site flooding
- Operational inefficiency and financial costs due to power outages
Transition Risks
- Conversion risk due to policy and regulation changes (e.g., GHG Emissions Trading Scheme)
- Market changes due to tighter global regulations and customer demand for sustainability
- Supply chain instability due to climate change impacts on raw materials
Opportunities
- Increased trade with global customers promoting GHG emission reduction
- Increased sales by expanding research and product development focusing on eco-friendly raw materials
- Increased sales due to growing market demand for sunscreen products
- Reduced operating costs owing to energy saving
Reporting Standards
Frameworks Used: GRI Core Option, TCFD, UN SDGs
Certifications: ISO 14001, ISO 45001, EcoVadis Gold, Halal, Eve Vegan, UK Vegan Society, Italian V-Label, Korea Institute of Vegan Assessment & Certification
Third-party Assurance: Korea Management Registrar (Limited Assurance)
UN Sustainable Development Goals
- SDG 7
- SDG 13
- SDG 6
- SDG 12
- SDG 5
- SDG 10
- SDG 3
- SDG 4
- SDG 8
Initiatives aligned with various SDGs, including climate action, clean water and sanitation, responsible consumption and production, gender equality, reduced inequalities, good health and well-being, quality education, and decent work and economic growth.
Sustainable Products & Innovation
- Vegan-certified products
- Products using natural organic materials for UV blockers
Awards & Recognition
- EcoVadis Gold Medal