Songwon Industrial Co Ltd 2018 AR2
The report highlights SONGWON Industrial Group's solid performance in 2018, achieving consolidated revenues of 788.7 Billion KRW and a net profit of 37.8 Billion KRW. The company successfully implemented its growth and diversification strategy, with newer businesses like Fuel & Lubricant additives contributing over 10% of overall revenues. In sustainability, SONGWON became one of the first specialty chemical companies to introduce packaging made of 50% recycled polyethylene and was awarded an EcoVadis gold medal for the second consecutive year. Additionally, the company expanded its global team to over 1,000 employees representing 29 nationalities while maintaining a strong focus on operational excellence and safety.
Company: Songwon Industrial Co Ltd
Sector: Manufacturing
Country: South Korea
Year: 2018
Type: AR2
Pages: 222
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Songwon Industrial Co Ltd
Annual Report
The report highlights SONGWON Industrial Group's solid performance in 2018, achieving consolidated revenues of 788.7 Billion KRW and a net profit of 37.8 Billion KRW. The company successfully implemented its growth and diversification strategy, with newer businesses like Fuel & Lubricant additives contributing over 10% of overall revenues. In sustainability, SONGWON became one of the first specialty chemical companies to introduce packaging made of 50% recycled polyethylene and was awarded an EcoVadis gold medal for the second consecutive year. Additionally, the company expanded its global team to over 1,000 employees representing 29 nationalities while maintaining a strong focus on operational excellence and safety.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees