ESG Management
Neooto is a company that pursues ESG management that enables everyone to grow together.
We aim to create a future where business, society, and the environment coexist together.
Develop a 2030 GHG reduction plan
Identify direct, indirect, and qualitative reductions to develop a 2030 GHG reduction plan
Total GHG reduction needs = 1st. Direct reductions + Priority 2. Indirect reductions + qualitative reductions
(measures that are difficult to quantify but are estimated to be effective)
Total GHG reduction needs = 1st. Direct reductions + Priority 2. Indirect reductions + qualitative reductions
(measures that are difficult to quantify but are estimated to be effective)
-
Reduce GHGs through improvements to workplace facilities, etc.“Workplace facility improvement” items derived from process diagnostics
- Reduction targets
-
- Process equipment
- Utility facilities
- Building improvements (quantifiable effects can be derived)
- Renewable energy (direct investment in the workplace)
Direct reductions -
Indirect reduction reflecting carbon-neutral implementation measuresAdditional reduction required after direct reduction Utilizing “carbon-neutral implementation measures”
- Reduction target
-
- RECs (Renewable Energy Certificates)
- Green Premium
- Off Site PPA
Indirect reductions -
Qualitative reduction reflecting reduction efforts such as campaignsDifficult to evaluate quantitatively, but utilize “means to generate reduction effects”
- Reduction targets
-
- Building improvements (quantifiable X)
- Process improvements (quantitative effect derived X)
- Energy saving campaigns for employees
- Purchase of eco-friendly products
Qualitative reductions
are recognized at up to 0.5%Qualitative
reductions
GHG emission reduction requirement
GHG emission reduction requirement by 2030 for a 20% reduction from the baseline year (2019)
GHG emission reduction requirement from 2025 to 2030 = 2030 GHG emissions - 80% of 2019 GHG emissions
GHG emission reduction requirement from 2025 to 2030 = 2030 GHG emissions - 80% of 2019 GHG emissions
| Reduction required compared to the base year |
|---|
|
4,877.48 (Emissions in 2030 - 80% of emissions in 2019) |
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Reduction ratio | 3.3% | 3.3% | 3.3% | 3.4% | 3.4% |
| Required reduction compared to the base year (tCO₂) |
804.78 | 804.78 | 804.78 | 829.17 | 829.17 |
※ For the base year reduction requirement, the increase in GHG emissions in 2030 is reflected.
- Direct reduction(Scope 1)
- Indirect reduction(Scope 2)
Overall GHG Reduction Plan
Establish a GHG reduction plan by year reflecting direct reduction (facility improvements, etc.), indirect reduction (RECs, green premiums, etc.), and other means of reduction.
| Reduction implementation year | Reduction required | Direct reduction | Indirect reduction | Qualitative reduction | ||||
|---|---|---|---|---|---|---|---|---|
| Reduction (tCO₂) | Cost (1M KRW) | Ratio (%) | Reduction (tCO₂) | Cost (1M KRW) | Ratio (%) | Ratio (%) | ||
| 2025 | 804.78 (100%) | 48.44 | 30 | 6.0% | 752.32 | 44 | 93.5% | 0.5% |
| 2026 | 804.78 (100%) | 195.84 | 380 | 24.3% | 604.92 | 80 | 75.2% | 0.5% |
| 2027 | 804.78 (100%) | 457.78 | 471 | 56.9% | 342.98 | 10 | 42.6% | 0.5% |
| 2028 | 804.78 (100%) | 19.38 | 213 | 2.4% | 781.38 | 147 | 97.1% | 0.5% |
| 2029 | 829.17 (100%) | 226.63 | 378 | 27.3% | 598.40 | 182 | 72.2% | 0.5% |
| 2030 | 829.17 (100%) | 204.04 | 500 | 24.6% | 620.99 | 219 | 74.9% | 0.5% |
| Total | 4,877.48 (100%) | 1,152.11 | 1,972 | 23.6% | 3,700.98 | 773 | 75.9% | 0.5% |
※ Indirect reduction costs are calculated as cumulative costs.
2030 RE100 Achievement Rate
Calculated RE100 achievement rate by reflecting the results of the 2030 GHG reduction plan
Calculated RE100 that can be achieved by implementing the direct reduction and indirect reduction (REC, Off-Site PPA, Green Premium) plans from 2025 to 2030
Calculated RE100 that can be achieved by implementing the direct reduction and indirect reduction (REC, Off-Site PPA, Green Premium) plans from 2025 to 2030
- Self-generation (renewable energy) (%)
- RECs (Renewable Energy Certificates) (%)
- Off-Site PPA (%)
- Green Premium (%)
| Reduction year | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| ① Scope 2 emissions (tCO₂) | 25,035.17 | 25,102.77 | 25,170.55 | 25,238.51 | 25,306.65 | 25,374.98 |
| ② Direct reductions (tCO₂) | 48.44 | 195.84 | 457.78 | 12.71 | 226.63 | - |
| ③ RE100 target emissions (①-②) (tCO₂) |
24,986.73 | 24,906.93 | 24,712.77 | 25,225.79 | 25,080.02 | 25,374.98 |
| ④ Unit conversion (MWh) | 54,388.75 (100%) | 54,215.03 (100%) | 53,792.41 (100%) | 54,909.11 (100%) | 54,591.81 (100%) | 55,233.84 (100%) |
| ⑤ Self-generation (renewable energy) (MWh) |
0 | 0 | 0 | 14.52 (0.03%) | 14.52 (0.03%) | 458.65 (0.83%) |
| ⑥ REC (MWh) | 327.60 (0.60%) | 591.00 (1.09%) | 740.20 (1.38%) | 1,080.40 (1.97%) | 1,341.00 (2.46%) | 1,611.20 (2.92%) |
| ⑦ Off-Site PPA (MWh) | 655.20 (1.20%) | 1,182.00 (2.18%) | 1,480.40 (2.75%) | 2,160.80 (3.94%) | 2,682.00 (4.91%) | 3,222.40 (5.83%) |
| ⑧ Green premium (MWh) | 655.20 (1.20%) | 1,182.00 (2.18%) | 1,480.40 (2.75%) | 2,160.80 (3.94%) | 2,682.00 (4.91%) | 3,222.40 (5.83%) |
| RE100 achievement rate (⑤+⑥+⑦+⑧) | 1,638.00 (3.01%) | 2,955.00 (5.45%) | 3,701.00 (6.88%) | 5,416.52 (9.86%) | 6,719.52 (12.31%) | 8,514.65 (15.42%) |