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DRB 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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1. Climate change risk analysis | 2. Review of response plans | 3. Risk management and response activities | 4. Monitoring and improving risk response performance |
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DRB will reduce the emission of greenhouse gases in the production stages by improving the processing and adopting energy reduction, and thereby will attain the goal of carbon neutrality by 2050. In addition, we will expand the purchase of renewable energy and the installation of solar energy facility and thus will convert to renewable energy in the entire production process.
1) For the DRB’s company-wide aggregated GHG emissions and intensity (sales in KRW billion), consolidated sales are applied.
DRB Industrial is saving energy by replacing various facilities, including outdated air dryers, with high-efficiency equipment.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 Automotive has seen an increase in greenhouse gas emissions relative to its sales volume, and completed the installation of solar power generation facilities in the first half of 2024.
Since 2022, DRB Qingdao has started using renewable energy with on-site solar power facilities and is further advancing emission reduction efforts through the purchase of RECs. The corporation has also installed and operates three air pollution control facilities (RCO), which was intended to respond to increased sales in 2023. However, emissions from the on-site addition of external suppliers were incorporated into the overall emission calculations, leading to an increase in emissions. This trend is expected to persist in the short term. In alignment with its greenhouse gas emission reduction targets, DRB Qingdao is negotiating additional PPAs and developing plans for further REC acquisitions. The corporation is also set to review the priorities of facility investments that can contribute to higher energy efficiency in production processes.
-Renewable energy consumption at DRB Qingdao in 2022: 1,845 GJ (325,697 GJ)
-Renewable energy consumption at DRB Qingdao in 2023: 11,191 GJ (361,659 GJ)
DRB Slovakia's greenhouse gas emissions have increased relative to its sales volume.
DRB Vietnam has seen a reduced electricity and fuel consumption due to a decrease in product orders and production volumes, resulting in a corresponding reduction in greenhouse gas emissions.
-DRB Vietnam production weight in 2022: 51,029.750 tons (conveyor + crawler)
-DRB Vietnam production weight in 2023: 44,213.290 tons (conveyor + crawler) (13% decrease compared to 2022)
DRB Vietnam’s direct Scope 1 emissions remain very low, as the corporation uses wood-fired boilers fueled by waste wood in its manufacturing processes. The subsidiary is currently in the process of building a second plant and is considering the installation of on-site solar power generation facilities for on-site PPAs. Moreover, DRB Vietnam plans to conduct market research for potential third-party PPAs and further REC purchases over the medium to long term.
1) Applying the 'Guidelines on Reporting and Certification of Emissions under the Greenhouse Gas Emissions Trading System’
Unit : tCO2eq/year
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Corporation | Scope1 | Scope2 | Scope1+Scope2 |
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DRB Holding Co., Ltd. | 7.84 | 82.32 | 90.16 |
DRB Industrial Co., Ltd. | 6,207.21 | 5,877.59 | 12,084.81 |
DRB Union Beltinno Co., Ltd. | 6.88 | 64.19 | 71.07 |
DRB Automotive Co., Ltd. | 1,256.07 | 7,325.55 | 8,581.62 |
DRB Healthcare Co., Ltd. | 3.15 | 427.63 | 430.78 |
DRB International Co., Ltd. | 12.82 | 87.92 | 100.74 |
DRB Qīngdǎo | 5,494.07 | 20,433.48 | 25,927.55 |
DRB Russia | 451.81 | 105.83 | 557.64 |
DRB Slovakia | 981.03 | 1,778.14 | 2,759.17 |
DRB Vietnam | 621.71 | 19,692.95 | 20,314.66 |
DRB America, Inc. (LA, USA) | 4.64 | 4.42 | 9.06 |
DRB Georgia Office (Georgia, USA) | 46.71 | 38.13 | 84.84 |
DRB Indonesia (Jakarta, Indonesia) | 7.26 | 10.23 | 17.49 |
DRB Shanghai Co., Ltd. (Shanghai, China) | 4.43 | 9.92 | 14.36 |
DRB Japan Co., Ltd. (Fukuoka, Japan) | 0.42 | 6.13 | 6.55 |
Unit : tCO2eq/year
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Corporation | Scope1 | Scope2 | Scope1+Scope2 |
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DRB Holding Co., Ltd. | 6.83 | 104.30 | 111.13 |
DRB Industrial Co., Ltd. | 6,398.01 | 6,412.23 | 12,810.24 |
DRB Union Beltinno Co., Ltd. | 5.5 | 64.49 | 69.99 |
DRB Automotive Co., Ltd. | 1,238.62 | 6,696.75 | 7,935.38 |
DRB Healthcare Co., Ltd. | - | 437.39 | 437.39 |
DRB International Co., Ltd. | 15.93 | 83.83 | 99.76 |
DRB Chongqing | 616.23 | 3,223.32 | 3,839.56 |
DRB Qīngdǎo | 4,740.04 | 15,209.51 | 19,949.55 |
DRB Russia | 570.86 | 154.57 | 725.44 |
DRB Slovakia | 626.35 | 2,095.89 | 2,722.24 |
DRB Vietnam | 675.32 | 22,910.18 | 23,585.50 |
DRB America, Inc. (LA, USA) | 3.2 | 5.26 | 8.46 |
DRB Georgia Office (Georgia, USA) | 44.07 | 40.12 | 84.19 |
DRB Indonesia (Jakarta, Indonesia) | 5.04 | 9.44 | 14.48 |
DRB Shanghai Co., Ltd. (Shanghai, China) | 1.62 | 8.86 | 10.48 |
DRB Japan Co., Ltd. (Fukuoka, Japan) | 0.55 | 4.68 | 5.24 |
Unit : tCO2eq/year
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Corporation | Scope1 | Scope2 | Scope1+Scope2 |
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DRB Holding Co., Ltd. | 7.04 | 130.36 | 137.40 |
DRB Industrial Co., Ltd. | 6,466.00 | 6,291.00 | 12,756.00 |
DRB Union Beltinno Co., Ltd. | 3.00 | 67.00 | 71.00 |
DRB Automotive Co., Ltd. | 1,184.22 | 6,210.43 | 7,394.65 |
DRB Healthcare Co., Ltd. | - | 469.76 | 469.76 |
DRB International Co., Ltd. | 15.53 | 75.66 | 91.19 |
DRB Chongqing | 516.46 | 3,130.18 | 3,646.64 |
DRB Qīngdǎo | 4,920.58 | 14,990.36 | 19,910.93 |
DRB Russia | 379.29 | 412.53 | 791.82 |
DRB Slovakia | 680.26 | 2,590.57 | 3,270.83 |
DRB Vietnam | 449.85 | 17,986.92 | 18,436.77 |
DRB America, Inc. (LA, USA) | 1.92 | 3.96 | 5.90 |
DRB Georgia Office (Georgia, USA) | 43.95 | 42.37 | 86.37 |
DRB Indonesia (Jakarta, Indonesia) | 4.38 | 9.28 | 13.66 |
DRB Shanghai Co., Ltd. (Shanghai, China) | 0.81 | 8.82 | 9.63 |
DRB Japan Co., Ltd. (Fukuoka, Japan) | 0.31 | 8.06 | 8.37 |