Kangwon Land, Inc.
Climate Impact & Sustainability Data (2015)
Reporting Period: 2015
Environmental Metrics
Total Carbon Emissions:71,205 tCO2e/year
Scope 1 Emissions:26,234 tCO2e/year
Scope 2 Emissions:44,970 tCO2e/year
Water Consumption:2,411,569 m3/year
Waste Generated:4,970 tons/year
ESG Focus Areas
- Economic Revitalization of Abandoned Mine Regions
- Eco-friendly Integrated Resort Development
- Happy Leisure Culture
- Ethical Management
- Social Contribution
- Responsible Gambling
- Environmental Sustainability
- Stakeholder Engagement
Environmental Achievements
- Reduced greenhouse gas emissions by approximately 1,770 tons
- Increased recycling separater ratio from 24.2% to 27.2%
- Full-scale operation of wood-pellet boilers
- High1 Resort certified 'Excellence' in Green Edifice
Social Achievements
- Ranked 2nd in the '2015 Corruption Prevention Policy Evaluation'
- Ability-oriented recruitment based on National Competency Standards (NCS)
- Won the Minister of Health and Welfare Award in the 2015 National Sharing Grand Award
- Joined the UN Global Compact
- Joined the National Council on Problem Gambling (NCPG)
- Improved customer satisfaction index (CSI) from 83.1 to 85.0
Governance Achievements
- Included in the Dow Jones Sustainability Indices World for 3 consecutive years
- Established the Social Contribution Deliberative Committee
- Reinforced private contract guidelines with business partners
- Enhanced ethical management infrastructure and anti-corruption policies
Climate Goals & Targets
Long-term Goals:
- Becoming South Korea's leading eco-friendly integrated resort
Medium-term Goals:
- Securing future growth engines through diversification
- Becoming Korea's NO. 1 social contribution corporation
Short-term Goals:
- Expand the operation of the JTYS Package
- Complete the Waterpark and Coal Mine Culture Tour Village
- Expand the Health Improvement Center's operations
Environmental Challenges
- Impending expiration of the 'Special Act on the Assistance to the Development of Abandoned Mines-Neighboring Areas' in 2025
- Potential for increased competition from new casinos
- Social side effects associated with the casino business (e.g., gambling addiction)
- Environmental risks associated with resort operations
- Maintaining profitability in an era of ultra-low interest rates
Mitigation Strategies
- Developing new growth engines (e.g., Waterpark, Coal Mine Culture Tour Village, creative agriscience)
- Strengthening competitiveness through eco-friendly management and differentiated services
- Systematizing responsible gambling practices and expanding addiction prevention programs
- Implementing eco-friendly operations and environmental conservation activities
- Seeking expert advice to manage financial risks and explore diverse investment opportunities
Supply Chain Management
Responsible Procurement
- Prioritizing the purchase of local agricultural products
- Reinforcing private contract guidelines with partners to promote ethical and sustainable practices
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G4 Core,
Certifications: ISO 50001 (Energy Management System)
Third-party Assurance: DNV GL Business Assurance
Awards & Recognition
- 2015 Dow Jones Sustainability Indices World
- Innovative Management Division of Creative Management that Made Korea Shine
- Administrator Award in Meteorology Information Utilization Division
- Minister of Health and Welfare Award in Sharing People Awards