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Climate Change Risk Management System

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

DRB Industrial is saving energy by replacing various facilities, including outdated air dryers, with high-efficiency equipment. Furthermore, the corporation has implemented a smart integrated control system to optimize factory power consumption, strengthened peak power management, and upgraded critical infrastructure such as VCBs, protection relays, and high-efficiency transformers to enhance power supply stability. In addition, following the integration of production operations with DRB Vietnam’s conveyor belt manufacturing base, DRB Industrial has ceased the production and receipt of orders for conveyor belts. As a result, there has been a notable reduction in electricity and fuel consumption.
 -The production volume of conveyor belts in 2023 dropped by 73% compared to 2022 (2022 production: 3,099.642 tons, 2023 production: 834.030 tons). 

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

  • Every year since 2021, DRB Industrial has measured the greenhouse gas emissions. Starting in 2022, we have conducted third-party verification of Scope 1 and 2 emissions for more effective management. In addition, from 2025, data on all emission sources (Scope 1, 2, and 3) will be managed comprehensively. From the 15 categories under Scope 3, key items relevant to DRB Industrial, such as emissions from the use of company-produced goods and services or the provision of goods and services outside company boundaries, will be designated. Verification of these efforts will also be requested.

Verification Target

  • DRB Industrial Co., Ltd., DRB Union Beltinno Co., Ltd., and DRB Healthcare 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 Industrial 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.

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.

Science-Based Targets initiative, SBTi

SBTi is an initiative that verifies and certifies whether the company's greenhouse gas reduction goals in response to climate change are scientifically reasonable and sustainable. It enables businesses to undertake sustainable management and solve global climate challenges, thereby speeding up practical actions.