Climate Change Data

Doosan Corporation

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:183,600 tCO2e/year
Total Energy Consumption:2,493,000 MWh/year
Water Consumption:1,084,000 m3/year
Waste Generated:13,600 tons/year

ESG Focus Areas

  • Human Rights
  • EHS (Environment, Health, and Safety)
  • R&D (Research and Development)
  • Shared Growth
  • Ethics
  • Personal Information Protection
  • Social Contribution

Environmental Achievements

  • Reduced LNG usage by improving incinerator operational efficiency at Electro-Materials BG.
  • Improved power efficiency by removing unused pipes at Electro-Materials BG.
  • Reduced waste by approximately 48 tons compared to 2018 at Electro-Materials BG.
  • Reduced idle power usage by 88,289 kWh at Electro-Materials BG's Jeungpyeong and Gimcheon plants.
  • Expected reduction of 331.6 tCO2/year by investing in a waste heat recovery system at Mottrol BG.

Social Achievements

  • Launched 'Welcome! First Time With a Millennial?' and 'Welcome! First Time With an Adolescent?' programs to improve intergenerational understanding and communication.
  • Conducted human rights impact assessments on approximately 80.2% of employees.
  • Supported eight small and medium-sized suppliers in building smart factories.
  • Provided management consulting support to ten suppliers.
  • Operated the 'Woori Doori' sports program for youths with disabilities.

Governance Achievements

  • Established a human rights due diligence plan and conducted assessments on four domestic and Chinese corporations.
  • Established a Corruption Risk Management System to diagnose and evaluate corruption risks for each BG.
  • Upgraded the internal accounting management system.
  • Implemented a fair trade compliance program.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (target year not specified).
Medium-term Goals:
  • Join the Global Top 100 Most Sustainable Companies by 2025.
  • Achieve 85% employee training participation rate.
Short-term Goals:
  • Complete human rights impact assessments for 100% of employees by 2021.
  • Achieve 10% year-on-year reduction in GHG emissions through energy-saving activities.

Environmental Challenges

  • Securing manufacturing personnel.
  • Intensified price competition in the forklift market.
  • Strengthening environmental regulations.
  • Depletion of fossil fuels/unstable supply.
  • Changes in business/product/technical regulations.
Mitigation Strategies
  • Investing in and stabilizing new businesses such as robotics, logistics, and drones.
  • Strengthening downstream business (forklift rentals, used forklift trade, maintenance services).
  • Developing market-leading products and promoting diversification of local customers.
  • Developing eco-friendly products and materials.
  • Implementing an emerging risk management system.

Supply Chain Management

Responsible Procurement
  • Code of Conduct
  • Supplier Sustainability Requirements
  • Sustainability assessments

Climate-Related Risks & Opportunities

Opportunities
  • Hydrogen economy

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 45001, ISO 9001, IATF 16949, ISMS

Third-party Assurance: DNV GL

Sustainable Products & Innovation

  • Eco-friendly and halogen-free CCL for 5G network equipment
  • BPA-free products for fingerprint recognition modules
  • Lead-free copper alloy materials for hydraulic equipment
  • Eco-friendly ceramide products with COSMOS certification

Awards & Recognition

  • Two awards at the CRRAs (Corporate Register Reporting Awards)
  • Platinum rating at the Spotlight Awards at LACP (League of American Communications Professionals)