Samyang Foods Co Ltd

Common Name
Samyang Foods
Country
South Korea
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
1,994
Ticker
003230
Exchange
KOREA EXCHANGE
Description
Samyang Foods Co., Ltd. is a key player in the food manufacturing industry, particularly known for its instant noodle products that have gained worldwide popularity. Established in South Korea in 1961...

Samyang Foods's Climate Target Data Preview

As of 2023, Samyang Foods has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 Samyang Foods ’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)
Copy restricted. Please purchase to unlock this data.
a
2026
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
*. 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 Samyang Foods’s Climate Targets Data

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a. Samyang Foods's Sustainability Report 2023
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Insights into Samyang Foods's Greenhouse Gas Emissions Pathways

As of 2023, Samyang Foods 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 Samyang Foods have a target to reduce the emissions from its operations?

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

Samyang Foods's most ambitious operational target is to reduce these emissions by 35% by 2030, compared to a baseline of 62,849 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

a

Samyang Foods's Operational (Scope 1+2) Emissions Pathway

202320262030020 k40 k60 k80 kBaselineTarget 2026 (-20%)Target 2030 (-35%)
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