Climate Change Data

DAEWON Pharmaceutical Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:9004 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:1749 tCO2e/year
Scope 2 Emissions:7255 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:185182 GJ/year
Water Consumption:176967 tons/year
Waste Generated:2201 tons/year
Carbon Intensity:Decreased from 0.49 tCO2e/1000ea in 2021 to 0.16 tCO2e/1000ea in 2023

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Transparent Management

Environmental Achievements

  • Achieved ISO 14001 (Environmental Management System) certification at both the Xiangnam and Jincheon plants.
  • Reduced carbon intensity (tCO2e/production) from 0.49 in 2021 to 0.16 in 2023 (projected).
  • Implemented various energy-saving initiatives, including LED lighting upgrades and HVAC system improvements.

Social Achievements

  • Launched 'Happy Mint' integrated psychological support program for employees.
  • Maintained 100% acceptance rate for maternity leave and childcare leave applications.
  • Consistently conducted various social contribution activities, including donating medicines and holding volunteer events.

Governance Achievements

  • Established an ESG committee in January 2023.
  • Achieved ISO 37001 (Anti-bribery Management System) certification in 2018.
  • Implemented a robust whistleblowing system.

Climate Goals & Targets

Long-term Goals:
  • Achieve 100% carbon neutrality and RE100 by 2050.
Medium-term Goals:
  • Achieve 40% carbon neutrality and 50% renewable energy by 2040.
  • Establish a comprehensive social contribution system by 2024.
Short-term Goals:
  • Improve environmental management systems by 2025.
  • Reduce unit water intake (tons/billion won) to 25 by 2030.
  • Increase water reuse rate to 20% by 2030.
  • Reduce unit water pollutant emissions to 3 kg/billion won by 2030.

Environmental Challenges

  • Increasing carbon emissions and energy consumption due to business growth.
  • Supply chain disruptions (implied, not explicitly stated).
  • Potential climate-related physical risks (e.g., extreme weather).
Mitigation Strategies
  • Developing a carbon neutrality roadmap with a target of 40% reduction by 2040 and Net Zero by 2050.
  • Investing in renewable energy sources (RECs and PPAs).
  • Implementing energy efficiency measures and adopting low-carbon technologies.
  • Regularly monitoring and evaluating climate-related risks and opportunities using the TCFD framework.

Supply Chain Management

Supplier Audits: Annual

Responsible Procurement
  • cGMP compliance
  • MFDS (Ministry of Food and Drug Safety) regulations
  • Use of standard subcontracting contracts from the Fair Trade Commission.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Flooding
Transition Risks
  • Strengthening carbon regulations
  • Increased demand for carbon footprint information
Opportunities
  • Energy optimization and cost reduction through fuel electrification.

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB Standards, TCFD Recommendations

Certifications: ISO 14001, ISO 45001, ISO 37001

Third-party Assurance: Korea Productivity Center

Awards & Recognition

  • Various awards listed in Appendix