Climate Change Data

Korea Movenex Co LTD

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:31919.636 tCO2e/year
Scope 1 Emissions:1340.794 tCO2e/year
Scope 2 Emissions:30578.842 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:73250.37 MWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.000000063 tCO2e/KRW

ESG Focus Areas

  • Climate Change

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by approximately 11.26% compared to the previous year through various energy efficiency initiatives, including the installation of LED lighting and inverters.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Develop a climate transition plan aligned with a 1.5°C world within the next two years.
Medium-term Goals:
  • Reduce greenhouse gas emissions by more than 20% compared to 2019 by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Negative reputation due to insufficient climate action, potentially leading to decreased revenue and stock price.
  • Physical damage to assets from extreme weather events (typhoons).
Mitigation Strategies
  • Setting a target to reduce greenhouse gas emissions by more than 20% compared to 2019 by 2030.
  • Utilizing ISO 45001 (Safety and Health Management System) and ISO 22301 (Business Continuity Management System) to protect human life and manufacturing facilities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons, extreme weather events
Transition Risks
  • Negative reputation due to insufficient climate action
Opportunities
  • Improved reputation and investor confidence through strong ESG performance.
  • Access to new markets for eco-friendly automobile parts.

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • EV product manufacturing and sales

Awards & Recognition

  • Not disclosed