Renewable energy
Amorepacific Group continues to invest in renewable energy with the goal to increase power generated from renewable energy in the mid-to-long term. To this end, we make full use of unused spaces across our business sites in Korea and overseas to generate energy from solar panels and renewable sources.
RE100 Declaration
Amorepacific is the first in the Korean beauty industry to join the global RE100 initiative, which commits to sourcing 100% renewable electricity. Amorepacific is implementing a roadmap to convert 100% of electricity used at all business sites to renewable energy by 2025.
RE100 Implementation Road
RE100 Achievement Methods
We prioritize continuous energy reduction and efficiency improvement activities and are expanding self-generation facilities within business sites to produce and use renewable energy. Additionally, we secure renewable energy through various external procurement methods, such as direct and indirect PPA1), VPPA2), green premium tariffs, and certificate purchases. Through these efforts, we expanded Amorepacific's renewable electricity usage ratio to 51.4% in 2023.
1) PPA (Power Purchase Agreement)2) VPPA (Virtual Power Purchase Agreement)
-
Energy Reduction
and EfficiencyEnergy saving
and increasing
efficiency -
Expansion of Solar
Power Self-GenerationExpansion of
self-generated
solar power -
Direct and Indirect
Renewable EnergySupply of renewable
electricity to
workplaces through
direct and indirect
renewable energy
purchase agreements -
Green Premium
TariffUtilizing the
Green Premium
Plan -
Renewable Energy
CertificatesPurchasing
renewable energy
certificates
RE100 Achievement Methods
We prioritize continuous energy reduction and efficiency improvement activities and are expanding self-generation facilities within business sites to produce and use renewable energy. Additionally, we secure renewable energy through various external procurement methods, such as direct and indirect PPA1), VPPA2), green premium tariffs, and certificate purchases. Through these efforts, we expanded Amorepacific's renewable electricity usage ratio to 51.4% in 2023.
1) PPA (Power Purchase Agreement)2) VPPA (Virtual Power Purchase Agreement)
-
Energy Reduction
and Efficiency Energy saving
and increasing
efficiency -
Expansion of Solar
Power Self-Generation Expansion of
self-generated
solar power -
Direct and Indirect
Renewable Energy Supply of renewable
electricity to
workplaces through
direct and indirect
renewable energy
purchase agreements -
Green Premium
Tariff Utilizing the
Green Premium
Plan -
Renewable Energy
Certificates Purchasing
renewable energy
certificates