Climate Change Data

HLB Co., Ltd.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:586 tCO₂e/year (Scope 1 and 2)
Scope 1 Emissions:57 tCO₂e/year
Scope 2 Emissions:521 tCO₂e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:4% of total energy use (2022)
Total Energy Consumption:12,414 GJ/year
Water Consumption:Not disclosed
Waste Generated:156.76 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Social Contribution
  • Governance

Environmental Achievements

  • Installed a 100kW solar power generation facility on the roof of the healthcare business building to reduce carbon emissions and increase the use of renewable energy.
  • Declared support for the Task Force on Climate-related Financial Disclosures (TCFD) and the Taskforce on Nature-related Financial Disclosures (TNFD).

Social Achievements

  • Launched support for the 'Good Influence Store' to support underprivileged children and cancer patients.
  • Opened an HLB Group social contribution page to support vulnerable social groups and cancer patients.
  • Certified as a Family-Friendly Company in 2022.

Governance Achievements

  • Established a Nomination Committee for Outside Directors and an Audit Committee under the Board of Directors to enhance the independence and transparency of the board.
  • Withdrew the 'golden parachute' system to prevent damage to shareholder value through excessive protection of management rights.
  • Obtained ISO 37001 certification for anti-corruption management systems.

Climate Goals & Targets

Long-term Goals:
  • Achieve 100% carbon neutrality by 2045.
Medium-term Goals:
  • Achieve 50% carbon neutrality by 2035.
  • Reduce ITR to 1.5°C by 2030.
Short-term Goals:
  • Increase renewable energy use to 20% by 2025.

Environmental Challenges

  • Supply chain disruptions
  • Maintaining high ESG standards in a rapidly changing global market.
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Strengthened supplier relationships and implemented a code of conduct.
  • Obtained Bronze rating from EcoVadis for sustainability.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • HLB Group Code of Conduct (2023)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2021, UN Global Compact

Certifications: ISO 14001, ISO 9001, ISO 37001

Third-party Assurance: Korea Management Certification Institute (KMR)

UN Sustainable Development Goals

  • Goal 1
  • Goal 3
  • Goal 4
  • Goal 6
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 15
  • Goal 16
  • Goal 17

HLB's initiatives contribute to these goals through various social and environmental programs.

Sustainable Products & Innovation

  • Electric propulsion system for ships
  • Hydrogen-powered ships

Awards & Recognition

  • 2023 Korea's Top 150 Sustainable Leading Companies (Statista)