Kumho Petrochemical Publishes Sustainability Management Report...Strengthens Climate and Natural Capital Analysis
Sustainability Management Report 2025 Released
Five Key Issues Selected, Including Carbon Neutrality and Circular Economy
Kumho Petrochemical has published its 'Sustainability Management Report 2025', strengthening its climate risk and natural capital analysis, and has selected carbon neutrality and supply chain sustainability among its five key ESG issues.
Kumho Petrochemical 'Sustainability Management Report 2025'. Kumho Petrochemical
View original imageOn June 23, Kumho Petrochemical announced the publication of its 'Sustainability Management Report 2025', which contains the company’s environmental, social, and governance (ESG) performance and sustainability information for the year 2025.
Now in its eighth edition, the report covers Kumho Petrochemical and its major affiliates' ESG vision and strategic direction, climate change response, and sustainable business portfolios.
Kumho Petrochemical conducted an Impact, Risk, and Opportunity (IRO) analysis on key issues according to international disclosure standards. The company re-selected the following as its five key issues: greenhouse gas reduction and carbon neutrality, supply chain sustainability, circular economy systems, sustainable business portfolios, and energy efficiency. In addition, the company disclosed a three-year trend of performance for each issue to strengthen information transparency.
In particular, in the area of 'greenhouse gas reduction and carbon neutrality', Kumho Petrochemical explained that it has completed the establishment of Carbon Capture, Utilization, and Storage (CCUS) facilities in line with its 2050 carbon neutrality roadmap. The company is also promoting greenhouse gas reduction activities through process improvements, transitioning to zero-emission vehicles, and producing renewable energy using biomass.
For the 'sustainable business portfolio' section, the report introduced the current development status of sustainable products and technologies such as bio-based SSBR, NB latex, and carbon nanotubes (CNT) for secondary battery conductive materials.
Furthermore, the scope of natural capital and climate risk analysis has been expanded. The analysis of physical risks now reflects the latest status across all domestic business sites, and the application of nature-related analysis according to the TNFD guidelines has also been extended to all domestic sites. The report also includes activities to protect biodiversity, such as a project to create a habitat for endangered migratory birds in the Yeosu region.
Jonghun Baek, CEO of Kumho Petrochemical, stated, "Even amid industry crises, we will continue to enhance the transparency of our management activities and strengthen the company’s sustainability and trust through responsible management, based on communication with various stakeholders including customers and shareholders."
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Meanwhile, Kumho Petrochemical recently received an A rating, one level higher than last year, in the MSCI ESG assessment, and has been included in the DIBIC Korea Index for four consecutive years.
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