Climate Change Data

Kolon Global

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:788 tCO2e/year
Scope 1 Emissions:258 tCO2e/year
Scope 2 Emissions:530 tCO2e/year
Renewable Energy Share:4.4% of total energy use
Total Energy Consumption:15.601 TJ/year
Water Consumption:1,059,645 tons/year
Waste Generated:115,741.5 tons/year
Carbon Intensity:0.30 tCO2eq/billion KRW

ESG Focus Areas

  • Climate Change
  • Resource Use and Circular Economy
  • Corporate Ethics and Compliance
  • Safety and Health

Environmental Achievements

  • Expanded business areas for domestic renewable energy supply, including onshore and offshore wind power.
  • Developed low-energy membrane water treatment technology, achieving environmental and green technology certifications.
  • Achieved a 25.4% rate of eco-friendly purchases in 2023.
  • Successfully completed the 'Carbon Reduction Green Hydrogen Production Integrated Demonstration Plant'.

Social Achievements

  • Increased the proportion of female employees to 19.4% in 2023.
  • Achieved a 2.9% disability employment rate in 2022, aiming for 3.1% in 2024.
  • Provided various educational programs for employees, including leadership training and job-specific academies.
  • Received Family-Friendly Company certification in December 2023.

Governance Achievements

  • Established an ESG committee composed of executives to review material ESG issues and risks.
  • Maintained a 100% board meeting attendance rate in 2023.
  • Implemented a transparent compensation policy for directors, disclosed in the business report.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050 (implied)
Medium-term Goals:
  • Achieve 30% renewable energy by 2030 (implied)
Short-term Goals:
  • Achieve 94% completion rate for pre-occupancy quality checks in 2024.

Environmental Challenges

  • Business challenges due to high inflation, interest rates, and exchange rates, impacting the housing business.
  • Supply chain disruptions
Mitigation Strategies
  • Diversification of business portfolio to reduce volatility, focusing on industrial construction, trading, and Sportex.
  • Prioritization of projects with secured profitability and low risk, such as public projects.
  • Implementation of cost competitiveness, safety management, and optimized construction time strategies.

Supply Chain Management

Responsible Procurement
  • Purchasing of eco-friendly certified products (GR mark, HB mark).

Climate-Related Risks & Opportunities

Opportunities
  • Expansion of green energy businesses (wind power, hydrogen).

Reporting Standards

Frameworks Used: GRI Standard 2021, UN SDGs

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Korea Conformity Laboratories (KCL)

UN Sustainable Development Goals

  • Goal 4
  • Goal 7
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 15

Initiatives contributing to these goals are described in the report.

Sustainable Products & Innovation

  • Low-energy membrane water treatment technology
  • SOLAR SKIN®

Awards & Recognition

  • 2023 iF Design Award (Hanulche Gallery)
  • 2023 Good Design Award (Fitness & Play Gym, Moonlight Milky Way Playground, Flight in the Clouds Playground, Hanulche SigNature)
  • 2023 Minister of Land, Infrastructure and Transport Award