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Climate Change Risk Management System

DRB Automotive manages risks in a total of four stages, beginning with climate change risk assessments and ending with reaction and improvement. We review the results from regular risk analysis, incorporate them into our management strategy, and review the performance and improvement plans in connection with specific risk management activities. Moving forward, we intend to formulate strategies grounded in the specific risks and opportunities identified at each business site through advanced analytics.

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DRB 전 법인 온실가스 배출량 Scope1, Scope2 정보 제공
1. Climate change risk analysis 2. Review of response plans 3. Risk management and response activities 4. Monitoring and improving risk response performance
  • Defining highly significant risks
  • Conducting risk analysis
    (including risk occurrence cycle, probability, financial, geographic, and temporal impact scope)
  • Reducing greenhouse gases
  • Establishing and operating business sites
  • Products and services
  • Technology R&D
  • Costs for climate change response
  • Improving workplace energy efficiency
  • Strengthening renewable energy
  • Advancing GHG reduction projects
  • Engaging in climate change initiatives
  • Assisting external suppliers' reduction projects
  • Monitoring achievements
  • Evaluating initiative results
  • Reflecting and improving evaluation results
  • Establishing an annual activity plan for the next year

DRB Automotive GHG Emissions (Scope 1+2) and Intensity

DRB Automotive has seen variations in greenhouse gas emissions relative to sales and has completed the installation of solar power generation facilities in the first half of 2024.

DRB GHG Inventory Development Process

1) Applying the 'Guidelines on Reporting and Certification of Emissions under the Greenhouse Gas Emissions Trading System’

Third-Party Verification of GHG Emissions

Verification Target

  • DRB Automotive Co., Ltd.

Verification Scope and Method

  • Direct emissions (Scope 1) : Stationary combustion, mobile combustion and other GHG emissions
  • Indirect emissions (Scope 2) : External electricity and heat Target GHGs : 6 major greenhouse gases, such as CO2, CH4, N2O, HFCs, PFCs, and SF6

Verification Standard

  • Use rules and guidelines for feasibility assessment and verification of ISO14064-3 Greenhouse Gases
  • Report and certification guidelines for GHG emissions trading scheme
  • 2006 IPCC guidelines for national greenhouse gases inventory

Verification Agency

  • Korea Quality Assurance Co., Ltd. (2022, 2023)
2022 Greenhouse Gas Verification Statement 2023 Greenhouse Gas Verification Statement

Climate Change Response Initiatives

UNGC Climate Ambition Accelerator

DRB Automotive recognizes the importance of responding to climate change and actively participates in various initiatives. We have established science-based reduction targets aligned with the 1.5°C scenario for greenhouse gas emissions throughout our overall business activities. In addition, we strive to acquire the knowledge and technology necessary to accelerate the transition to net-zero emissions.

Carbon Disclosure Project (CDP)

As of 2022, DRB Automotive participates in the Carbon Disclosure Project (CDP) to response to climate change and has established a detailed reduction goal and implementation plan. The CDP is the most reliable institution which evaluates companies around the world for their climate change response level, carbon management competency, carbon emissions, and reduction endeavor.

2023 CDP Score Report

Corporate Renewable Energy Initiatives(CoREi)

The Corporate Renewable Energy Initiative (CoREi), jointly launched in 2020 by the United Nations Global Compact Network Korea (UNGC Network Korea), World Wide Fund for Nature Korea (WWF-Korea), and the Korea Social Investment Forum (KoSIF). CoREi encourages companies to voluntarily declare a transition to renewable energy and supports them in meeting the associated targets.