Dongkuk Steel
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:1857 thousand tCO2 (2019)
Scope 1 Emissions:662 thousand tCO2 (2019)
Scope 2 Emissions:1196 thousand tCO2 (2019)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:31460 TJ (2019)
Water Consumption:6.20 million tons (2019)
Waste Generated:0.95 million tons (2019)
Carbon Intensity:0.193 tCO2eq/t-S (2019)
ESG Focus Areas
- Environmental Management
- Resource Circulation Society
- Low-Carbon Society
Environmental Achievements
- Reduced CO2 emissions per ton of steel by using EAF method (4 times lower than Blast Furnace)
- Achieved 96.8% by-product recycling rate in 2019
- 100% water recycling rate at Incheon and Pohang Works
- Annual reduction effect of 80 thousand tCO2 through energy efficiency improvements
Social Achievements
- Not disclosed
Governance Achievements
- Established environmental management system based on ISO14001
- Obtained ISO 50001 certification for energy management
- Dangjin Works obtained the first integrated environmental permit among steel companies in 2019
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Improve recycling rates of by-products and water resources by 2021
- Further reduce carbon emissions by 2021 (specific targets mentioned in Green Action Plan 2021)
Environmental Challenges
- Meeting Korea's 37% greenhouse gas reduction target by 2030
- Minimizing pollutant emissions and energy consumption across all workplaces
Mitigation Strategies
- Investment in eco-friendly facilities (Eco-Arc EAF, HDR, regenerative heating furnace, waste heat recovery equipment, bio-boiler, solar power system)
- Continuous efforts for energy efficiency improvement and development of eco-friendly products
- Participation in governmental support projects for energy efficiency and management
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14001, ISO 50001
Third-party Assurance: KFQ (Korean Foundation for Quality)
UN Sustainable Development Goals
- Goal 6: Clean Water and Sanitation
- Goal 7: Affordable and Clean Energy
- Goal 8: Decent Work and Economic Growth
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
- Goal 15: Life on Land
Dongkuk Steel's initiatives contribute to these goals through resource recycling, energy efficiency improvements, and greenhouse gas emission reduction.
Sustainable Products & Innovation
- Eco-friendly UV steel plate
- Heat shield (cool roofing) steel plate
- Luxteel Bio Coat (antibacterial steel plate)
Awards & Recognition
- Busan City Green Environment prize (2014)