KCI LIMITED
Climate Impact & Sustainability Data (2020, 2021, 2022)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Product sustainability
- Customer value creation
- Sustainable supply chain management
- Business portfolio expansion
- Risk management
- Human rights
- Climate change action
- Labor and work-life balance
- Ethics and integrity
- Information security and personal information protection
- Training and evaluation
- Governance
- Stakeholder engagement
- Contribution to local community
Environmental Achievements
- Received COSMOS Approved certification
- Improved energy efficiency by suspending operation of old facilities, introducing inverters, high-efficiency pumps, and LED lighting; improving insulation and waste heat recovery
- Achieved 95% waste recycling rate
- Maintained zero chemical spills and environmental law violations
Social Achievements
- Implemented a flexible working system, including work-from-home options
- Provided a shortened work hour system for pregnant employees
- Improved welfare facilities, including shower rooms
- Implemented a customer satisfaction survey
- Obtained Halal certification
Governance Achievements
- Complied with laws, articles of incorporation, and Board of Directors regulations
- Compulsory appointment of outside directors to secure independence and diversity
- Regular board meetings held quarterly
- Implemented ethical management principles and action guidelines
Climate Goals & Targets
- Zero occupational accident, general accident, accident rate, and process accident by 2030
- Reduce GHG emissions by 20% from 2014 levels by 2030
- Reduce energy usage by 20% per production unit by 2030 compared to 2018 levels
- Conduct CSR evaluation and on-site audits of all key suppliers by 2030
- Achieve zero violations against ethics and anti-corruption by 2030
- Not disclosed
Environmental Challenges
- Economic downturn and disruption due to COVID-19
- Global political uncertainty and the resurgence of COVID-19
- Potential risks from climate change impacting raw material supply (e.g., El Niño)
- Potential damage to facilities from extreme weather events
- Growing demand for eco-friendly and safe products from stakeholders
Mitigation Strategies
- Risk diversification through overseas market strategy
- Active R&D activities
- Long-term supply contracts and dual sourcing of raw materials
- Investment in energy efficiency improvements
- Development of eco-friendly products using natural ingredients, RSPO/COSMOS certifications
Supply Chain Management
Supplier Audits: Comprehensive evaluation of suppliers in areas such as quality, process, environment, labor, safety, and health
Responsible Procurement
- RSPO certification for responsible palm oil purchasing
- KCI Sustainability Policy based on RSPO principles
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (scorching heat, heavy snow, rain)
- Impacts on production facilities
Transition Risks
- Changes in domestic policies and laws
- Shifting stakeholder behaviors
- Disruption to raw material supply
Opportunities
- Development of energy-efficient products
- Expansion of low-carbon and eco-friendly product lines
Reporting Standards
Frameworks Used: GRI Standards (Core Option), TCFD, SASB, UN SDGs
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 22716, COSMOS Approved, Halal (MUI), RSPO
Third-party Assurance: Marcspon
Sustainable Products & Innovation
- Products using bean or rape flower extracts
- COSMOS and RSPO certified products
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Resource Use and Emission
- Customer-centric Management
- Occupational Health and Safety
- Sustainable Products and Operations
- Supply Chain Management
- Labor-Management Cooperation and Personnel Development
- Information Security
- Human Rights Protection
- Business Diversification through Innovative Management
- Ethical Management and Legal Compliance
- Governance
Environmental Achievements
- Achieved EcoVadis Gold level certification in sustainability (CSR) assessment (top 5%)
- Reduced greenhouse gas emissions (Scope 1+2) from 5,666.76 tCO2eq in 2020 to 5,435.04 tCO2eq in 2021
- Introduced indirect evaporative cooling equipment (IEC) to reduce energy consumption and greenhouse gas emissions.
Social Achievements
- Launched Total Productive Maintenance (TPM) activities for production innovation.
- Introduced company shuttle bus for employees at Daesan plant.
- Improved employee facilities (locker rooms and break rooms) at Daesan plant.
- Implemented flexible work-from-home system (50% of office staff during COVID-19).
Governance Achievements
- Published second sustainability report.
- Joined UN Global Compact (UNGC).
- Strengthened board independence and expertise.
Climate Goals & Targets
- Achieve carbon neutrality by 2050.
- Reduce greenhouse gas emissions by 20% by 2030 (compared to 2020 levels).
- Not disclosed
Environmental Challenges
- Supply chain disruptions due to climate events (e.g., 2015 El Niño)
- Increasing environmental regulations.
- Customer demand for sustainable products.
- Cybersecurity threats.
Mitigation Strategies
- Developed alternative sourcing strategies (e.g., dual sourcing of raw materials).
- Implemented energy efficiency improvements (e.g., replacing pumps with high-efficiency models, LED lighting).
- Increased R&D investment in sustainable products (e.g., natural-derived emulsifiers).
- Strengthened information security systems (e.g., document security system, spam filtering system).
Supply Chain Management
Supplier Audits: 5 key suppliers audited annually
Responsible Procurement
- Supplier CSR assessment
- RSPO certification for palm oil
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Supply chain disruptions
Transition Risks
- Changes in environmental regulations
- Shifting market demands for sustainable products
Opportunities
- Development of energy-efficient products
- New market opportunities in sustainable products
Reporting Standards
Frameworks Used: GRI Standards (Core Option), TCFD, SASB, UN SDGs
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 22716, COSMOS Approved, HALAL, RSPO Mass Balance
Third-party Assurance: Markspon
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Polyglycerin ester products
- RSPO and COSMOS certified products
Awards & Recognition
- EcoVadis Gold
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Environmental Management
- Resource Use and Pollutant Emissions
- Green Product Investment
- Customer-centric Management
- Safety and Health Prevention Activities
- Product Sustainability Enhancement
- Sustainable Supply Chain Management
- Human Rights Management and Talent Development
- Business Structure Enhancement through Innovative Management
- Ethical Management and Legal Compliance
- Transparent Information Disclosure
Environmental Achievements
- Reduced greenhouse gas emissions by approximately 30% from 2020 to 2022 (Scope 1+2)
- Achieved EcoVadis Gold rating (top 5%)
- Converted all diesel forklifts to eco-friendly electric forklifts
- Increased investment in environmental facilities to reduce pollutants
- Expanded COSMOS Approved certified products
Social Achievements
- Launched various employee well-being programs (childcare support, family allowance, health checkups, etc.)
- Maintained high employee satisfaction (81.48 points)
- Strengthened customer communication channels
- Implemented Total Productive Maintenance (TPM) for continuous production process innovation
- Expanded Halal-certified products
Governance Achievements
- Established an ESG Committee in 2023
- Introduced electronic voting system in 2023
- Improved employee work environment through office relocation
- Strengthened ethical management and legal compliance systems
- Enhanced transparency in information disclosure
Climate Goals & Targets
- Achieve carbon neutrality by 2050
- Reduce greenhouse gas emissions by 20% by 2030 (compared to 2020)
- Reduce water, air pollutants, and waste by 20% by 2030 (compared to 2020)
- Not disclosed
Environmental Challenges
- Climate change impacts on production facilities
- Supply chain disruptions due to climate events
- Increasing demand for eco-friendly products
- Maintaining customer satisfaction amidst changing market demands
- Ensuring worker safety and health
- Managing risks related to chemical handling and environmental regulations
Mitigation Strategies
- Developed a 2050 carbon neutrality roadmap
- Implemented energy efficiency improvements (LED lighting, insulation, waste heat recovery)
- Developed alternative sourcing strategies
- Increased investment in R&D for eco-friendly materials
- Strengthened safety and health management systems (ISO 45001 certification)
- Established a robust risk management system
- Enhanced communication and engagement with stakeholders
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- ESG purchasing policy
- Supplier Code of Conduct
- RSPO certification
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Natural disasters
Transition Risks
- Changes in environmental regulations
- Shifting market demands for sustainable products
Opportunities
- Development of energy-efficient products and processes
- Expansion into new markets for sustainable products
Reporting Standards
Frameworks Used: GRI Standards 2021, UN Global Compact, TCFD, SASB
Certifications: ISO 14001, ISO 45001, COSMOS Approved, HALAL, RSPO Mass Balance
Third-party Assurance: Korea Management Certification Institute (KMR)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Dimethyl Isosorbide (DMI)
- Polyglycerin ester series
- Guar Polymer
- COSMOS Approved products
Awards & Recognition
- Hidden Champion (Korea Eximbank)
- Jang Yeong-sil Award
- 30 Million USD Export Tower Award
- 50 Million USD Export Tower Award
- Korea Chamber of Commerce and Industry Corporate Innovation Award