Environmentally-Friendly Business Management

With environmental management highlighted as the key element of ESG, the pressure from domestic and overseas investment institutes and the global community on businesses to strengthen their environmental management capabilities and level up their efforts to combat climate change is continuously growing. Stepping up to do our part, Samyang Corporation aims to build a life of abundance for mankind while protecting the planet based on our vision of “Ingredients that add value to life,” and in the long term, become a specialty material producer mainly focusing on the areas of health & wellness and environmentally-friendly advanced materials.

Environmental Management Guidelines

Samyang Corporation aims to preserve the clean and beautiful environment of nature and create a healthy and abundant life for mankind by continuously making improvements to elements that impact the environment.

Environmentally-Conscious Procurement of Raw Materials

Eco-friendly Product Development

Samyang Corporation’s Food Business division Q.one white sugar is the only low-carbon product certified in the sugar industry in Korea. Q.one white sugar was the first in the domestic sugar industry to obtain carbon footprint certification in 2010, and succeeded in obtaining low-carbon product certification in 2013 through continuous efforts to reduce carbon emissions and is maintaining it until now. In addition, Samyang Corporation’s Chemical Business division is strengthening its eco-friendly material business by developing eco-friendly polycarbonate containing more than 90% of recycled plastic for the first time in Korea and using plastic pellets recycled from waste fishing nets.

Management of Greenhouse Gas and Air Pollution

Major countries around the world, including Korea, pledged to reach carbon neutrality (net zero) by 2050 and announced their mid and long-term carbon emission reduction targets in accordance with the agreement made by the international community. As a responsible member of the global society, Samyang Corporation established a mid and long-term roadmap to achieve net zero by 2050 with the aim to take active part in addressing the climate change issue, the biggest challenge that the world is facing, and become a sustainable company.

Climate Change Response Activities

Samyang Corporation strives to identify and manage the risks and opportunity factors that climate change can bring. To this end, we aim to select and manage the risk and opportunity factors that can have the most significant financial impact on Samyang Corporation. In the event of a physical climate risk caused by severe climate events such as heat waves and strong winds, an Emergency Committee is formed to provide rapid response and business recovery system. Moreover, a real-time earthquake observation system is installed to respond to automatic text transmission and automatic valve control in the event of an earthquake above the standard. This helps us respond quickly to problem situations and restore business activities smoothly. In addition, each business site is insured to prepare for risks, and there are special contracts related to natural disasters to cover recovery expenses and damages.

Waste Management

Management of Hazardous Chemical Substances

Energy Management System

Samyang Corporation strategically manages the energy status of each worksite. Our independently-developed greenhouse gas management system enables us to manage data on our energy target and consumption. Based on this data, we carry out proactive energy reduction measures by setting the annual energy reduction target for each plant and implementing policies customized to the characteristics of each worksite.