Songwon Industrial Co Ltd 2024 AR2

The report highlights SONGWON's financial and sustainability progress in 2024, achieving sales of 1,070.2 billion KRW and earning its first EcoVadis Platinum rating, placing it in the top 1% of companies evaluated globally. The company expanded its sustainability KPIs from 53 to 89, which were externally assured by the British Standards Institution (BSI) under the ISAE 3000 standard. Additionally, SONGWON advanced its carbon reduction roadmap to align with Korea's Nationally Determined Contribution, targeting an 11.4% emissions reduction by 2030 and aiming for net-zero emissions by 2050. Operationally, the company successfully implemented its Microsoft Dynamics 365 ERP system across all global locations to enhance supply chain transparency and quality processes.

Company: Songwon Industrial Co Ltd

Sector: Materials

Country: South Korea

Year: 2024

Type: AR2

Pages: 128

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Songwon Industrial Co Ltd

Songwon Industrial Co Ltd 2024 Annual Report

Annual Report

The report highlights SONGWON's financial and sustainability progress in 2024, achieving sales of 1,070.2 billion KRW and earning its first EcoVadis Platinum rating, placing it in the top 1% of companies evaluated globally. The company expanded its sustainability KPIs from 53 to 89, which were externally assured by the British Standards Institution (BSI) under the ISAE 3000 standard. Additionally, SONGWON advanced its carbon reduction roadmap to align with Korea's Nationally Determined Contribution, targeting an 11.4% emissions reduction by 2030 and aiming for net-zero emissions by 2050. Operationally, the company successfully implemented its Microsoft Dynamics 365 ERP system across all global locations to enhance supply chain transparency and quality processes.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees