Taekwang Industrial Co., Ltd.
Industry Group: Chemicals
Country/Region: South Korea
Identifier: KRX:003240
Taekwang Industrial Co Ltd functions basically in the oil & gas industry in Korea. Its scope of business includes petrochemical products, fibers, and textiles. Its petrochemicals include purified terephthalic acid (PTA), propylene, acrylonitrile, sodium cyanide. The company's fiber products derived from its chemicals include acrylic fibers, nylons, spandex, spun yarns, worsted fabrics, cotton fabrics. Apart from its core business, the company also ventures into property renting and broadcast communication businesses.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Chemicals 312 out of 585
Universe
Global Universe 11291 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Sidi Kerir Petrochemicals |
28
Medium
|
211 out of 585 |
Valqua Ltd. |
28.3
Medium
|
225 out of 585 |
Gevo, Inc. |
28.8
Medium
|
234 out of 585 |
Taekwang Industrial Co., Ltd. |
31.7
High
|
312 out of 585 |
HANKUK CARBON Co., Ltd. |
37.7
High
|
487 out of 585 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Taekwang Industrial Co., Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Taekwang Industrial Co., Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Taekwang Industrial Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level