HLB Inc

Common Name
HLB
Country
South Korea
Sector
Healthcare
Industry
Biotechnology
Employees
157
Ticker
028300
Exchange
KOREA EXCHANGE
Description
HLB Co., Ltd. manufactures and constructs lifeboats and glass fiber pipes in South Korea and internationally. It engages in the repair and inspection of lifeboats; fabrication and installation of pipe...

HLB's Climate Target Data Preview

As of 2023, HLB has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into HLB ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind HLB’s Climate Targets Data

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a. HLB's ESG Report 2023
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Insights into HLB's Greenhouse Gas Emissions Pathways

As of 2023, HLB has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does HLB have a target to reduce the emissions from its operations?

As of 2023, HLB has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

HLB's most ambitious operational target is to reduce these emissions by 10% by 2025, compared to a baseline of 586 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

HLB has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule. a

HLB's Operational (Scope 1+2) Emissions Pathway

2022202320250150300450600Current (-17%)
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