Climate Change Data

Shinsegae E&C

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:7,432 tCO2e/year (2023)
Scope 1 Emissions:2,136 tCO2e/year (2023)
Scope 2 Emissions:5,287 tCO2e/year (2023)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Established a goal to reduce greenhouse gas emissions by 30% by 2050 (compared to BAU)
  • Introduced eco-friendly construction methods (e.g., concrete-filled composite transfer beam)
  • Achieved 95% or more waste recycling rate
  • Obtained Green Building Certification for several projects (Billiv brand)

Social Achievements

  • Certified as a family-friendly company for 10 consecutive years (since 2014)
  • Implemented various employee welfare programs (e.g., pregnancy/childcare support, flexible work)
  • Strengthened cooperation with partner companies through initiatives like a mutual growth fund
  • Consistently conducted social contribution activities (e.g., Hope Toy Library remodeling)

Governance Achievements

  • Established an ESG committee in 2021 and an ESG task force in 2023
  • Implemented a compliance program (CP) to ensure fair trade practices
  • Established and operates an internal risk management system (SRMS)

Climate Goals & Targets

Long-term Goals:
  • Reduce greenhouse gas emissions by 30% by 2050 (compared to BAU)
Medium-term Goals:
  • Reduce greenhouse gas emissions by 10% by 2030 (compared to BAU)
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Minimizing environmental damage around construction sites
  • Reducing greenhouse gas emissions from energy and fuel consumption
  • Managing risks associated with business operations, environmental and social changes, and governance
Mitigation Strategies
  • Investing in environmental management, including eco-friendly construction methods and waste reduction
  • Implementing various initiatives to reduce greenhouse gas emissions (e.g., Paperless Office, energy-saving measures)
  • Establishing a comprehensive risk management system (SRMS) to identify, analyze, and mitigate risks

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001 (Environmental Management System)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Various awards for construction excellence, quality, and community contribution