Solus Advanced Materials Co Ltd

Common Name
Solus Advanced Materials
Country
South Korea
Sector
Technology
Industry
Electronic Components
Employees
204
Ticker
336370
Exchange
KOREA EXCHANGE
Description
Solus Advanced Materials Co. Ltd. is a prominent player in the materials sector, specializing in the development and manufacturing of high-performance materials. Its primary function revolves around p...

Solus Advanced Materials's GHG Emissions Data Preview

In 2023, Solus Advanced Materials completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Solus Advanced Materials has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Solus Advanced Materials’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Solus Advanced Materials’s data sources below and access millions more through our Disclosure Search.

a. Solus Advanced Materials's Webpage captured from company’s website 2024
a. Solus Advanced Materials's Webpage captured from company’s website 2024

Insights into Solus Advanced Materials's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Solus Advanced Materials amounted to 5,005 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Solus Advanced Materials decreased by 33.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Solus Advanced Materials's Scope 1 Emissions Over Time

202220230306090120tCO2e+6%
  • Total Scope 1
  • Year-over-Year Change

What are Solus Advanced Materials's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Solus Advanced Materials were 116 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Solus Advanced Materials's Scope 1 emissions increased by 6.42%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Solus Advanced Materials's Scope 2 emissions?

In 2023, Solus Advanced Materials reported Scope 2 greenhouse gas (GHG) emissions of 4,889 tCO₂e without specifying the calculation method. a

Has Solus Advanced Materials reduced its Scope 2 emissions over time?

Since 2021, Solus Advanced Materials's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 43.73%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Solus Advanced Materials's Scope 2 emissions (Unspecified Calculation Method) fell by 34.3% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Solus Advanced Materials use for Scope 2 reporting?

In 2023, Solus Advanced Materials reported its Scope 2 emissions using an unspecified methodology. a

Solus Advanced Materials's Scope 2 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Solus Advanced Materials’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Solus Advanced Materials reported Scope 1 greenhouse gas (GHG) emissions of 116 tCO₂e and total revenues of USD 336 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD. a

Solus Advanced Materials's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)CSZCCCareer Technology MFGYear: 2023Scope 1: 13,303 tCO2eRevenue: $M 321Scope 1 Intensity: 41.50 tCO2e/$MHannsTouch HoldingsYear: 2023Scope 1: 5,757 tCO2eRevenue: $M 43Scope 1 Intensity: 132.61 tCO2e/$MChin-Poon IndustrialYear: 2023Scope 1: 7,389 tCO2eRevenue: $M 546Scope 1 Intensity: 13.53 tCO2e/$MApex InternationalYear: 2023Scope 1: 11,937 tCO2eRevenue: $M 412Scope 1 Intensity: 29.00 tCO2e/$MIncapYear: 2023Scope 1: 906 tCO2eRevenue: $M 245Scope 1 Intensity: 3.69 tCO2e/$MLem HoldingYear: 2024Scope 1: 132 tCO2eRevenue: $M 450Scope 1 Intensity: 0.29 tCO2e/$MTaiflex ScientificYear: 2023Scope 1: 7,482 tCO2eRevenue: $M 266Scope 1 Intensity: 28.16 tCO2e/$MSSSyncmold EnterpriseYear: 2023Scope 1: 32 tCO2eRevenue: $M 286Scope 1 Intensity: 0.11 tCO2e/$MSamsung Electro-MechanicsYear: 2024Scope 1: 94,478 tCO2eRevenue: $M 7,015Scope 1 Intensity: 13.47 tCO2e/$MDelta ElectronicsYear: 2024Scope 1: 27,278 tCO2eRevenue: $M 12,855Scope 1 Intensity: 2.12 tCO2e/$MSinbon ElectronicsYear: 2023Scope 1: 2,838 tCO2eRevenue: $M 1,068Scope 1 Intensity: 2.66 tCO2e/$MTaiyo YudenYear: 2023Scope 1: 51,000 tCO2eRevenue: $M 2,399Scope 1 Intensity: 21.26 tCO2e/$MSK IE TechnologyYear: 2023Scope 1: 70,274 tCO2eRevenue: $M 508Scope 1 Intensity: 138.24 tCO2e/$MSun.King Technology GroupYear: 2023Scope 1: 195 tCO2eRevenue: $M 162Scope 1 Intensity: 1.20 tCO2e/$MTokyo Ohka KogyoYear: 2023Scope 1: 14,165 tCO2eRevenue: $M 1,147Scope 1 Intensity: 12.35 tCO2e/$MUniversal DisplayYear: 2024Scope 1: 1,052 tCO2eRevenue: $M 648Scope 1 Intensity: 1.62 tCO2e/$MLuxshare Precision IndustryYear: 2024Scope 1: 81,370 tCO2eRevenue: $M 36,830Scope 1 Intensity: 2.21 tCO2e/$MLG InnotekYear: 2023Scope 1: 21,387 tCO2eRevenue: $M 16,125Scope 1 Intensity: 1.33 tCO2e/$MZZZhen Ding Technology HoldingYear: 2023Scope 1: 78,987 tCO2eRevenue: $M 4,935Scope 1 Intensity: 16.00 tCO2e/$MVentureYear: 2024Scope 1: 1,411 tCO2eRevenue: $M 2,007Scope 1 Intensity: 0.70 tCO2e/$MAlps AlpineYear: 2023Scope 1: 14,589 tCO2eRevenue: $M 7,005Scope 1 Intensity: 2.08 tCO2e/$MHoly Stone EnterpriseYear: 2022Scope 1: 321 tCO2eRevenue: $M 490Scope 1 Intensity: 0.65 tCO2e/$MAT&SYear: 2024Scope 1: 33,000 tCO2eRevenue: $M 1,673Scope 1 Intensity: 19.73 tCO2e/$MShenzhen Sunway CommunicationYear: 2023Scope 1: 4,595 tCO2eRevenue: $M 1,062Scope 1 Intensity: 4.33 tCO2e/$MSolus Advanced MaterialsYear: 2023Scope 1: 116 tCO2eRevenue: $M 336Scope 1 Intensity: 0.35 tCO2e/$M

How does Solus Advanced Materials's GHG emissions intensity compare to its peers?

In 2023, Solus Advanced Materials reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 4.01 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Solus Advanced Materials rank on GHG emissions intensity within its industry?

In 2023, Solus Advanced Materials ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Solus Advanced Materials among the top performers, with one of the lowest emissions intensities relative to peers. a

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