Company Directory - YOUNG JIN PLASTICS & CHEMICAL CO., LTD.
Company Details - YOUNG JIN PLASTICS & CHEMICAL CO., LTD.
YOUNG JIN PLASTICS & CHEMICAL CO., LTD.
WebsiteBusan, South Korea
YOUNG JIN PLASTICS & CHEMICAL CO., LTD. is a company based in Busan, South Korea that specializes in plastics and chemicals. The company offers a range of plastic products and chemical solutions for both industrial and consumer applications.
CCI Score
CCI Score: YOUNG JIN PLASTICS & CHEMICAL CO., LTD.
-19.34
0.02%
Latest Event
Plastic Industry Lobbyists Influence UN Treaty Talks
An analysis by The Guardian highlights the aggressive lobbying tactics employed by plastic industry representatives at the UN treaty talks in Busan. Although YOUNG JIN PLASTICS & CHEMICAL CO., LTD. is not mentioned explicitly, as a company based in Busan and operating within the plastic and chemical sectors, it may be indirectly implicated in these practices that favor corporate profits over regulatory measures and environmental health.
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ENABLER
YOUNG JIN PLASTICS & CHEMICAL CO., LTD. is currently rated as an Enabler.
Latest Events
- NOV272024
An analysis by The Guardian highlights the aggressive lobbying tactics employed by plastic industry representatives at the UN treaty talks in Busan. Although YOUNG JIN PLASTICS & CHEMICAL CO., LTD. is not mentioned explicitly, as a company based in Busan and operating within the plastic and chemical sectors, it may be indirectly implicated in these practices that favor corporate profits over regulatory measures and environmental health.
-70
Political Contributions and Lobbying Efforts
March 19
The article details how plastic industry lobbyists are overwhelming the negotiations, utilizing tactics of obstruction, distraction, and misinformation to block meaningful regulatory reforms. Such conduct is indicative of corporate behavior that undermines democratic environmental governance and can be seen as contributing to the rise of authoritarian practices. YOUNG JIN PLASTICS & CHEMICAL CO., LTD., operating in this industry and based in Busan, could be viewed as potentially complicit in these broader industry efforts.
Plastics lobbyists make up biggest group at vital UN treaty talks
- JUN172024
Korean companies are implementing robust supply chain traceability systems to assess environmental and human rights risks, a trend that signals a proactive commitment to ethical sourcing. This initiative, discussed in the article, supports efforts against exploitation and aligns with anti-authoritarian labor and supply chain standards.
+40
Supply Chain Ethics
March 19
The article highlights how Korean companies are rapidly evolving to establish internal traceability systems that assess and mitigate risks in their supply chains related to environmental and human rights practices. This measure is indicative of a commitment to ethical business practices at a time when global regulatory pressure is increasing. By proactively adapting to these regulations, companies, including Young Jin Plastics & Chemical Co., are taking steps that align with anti-fascist and anti-authoritarian principles, enhancing transparency and accountability in their supply chains.
Korean firms evolve to stay on top of compliance: Kim & Chang lawyers - The Korea Herald
- JAN012023
A recent report by The Circulate Initiative highlights critical human rights issues within recycled plastic supply chains, including low wages, forced labor, and adverse health conditions for informal waste workers. This framework serves as a warning to plastics and chemical companies like Young Jin Plastics & Chemical Co., Ltd., emphasizing the need to adopt responsible sourcing practices to protect vulnerable laborers.
-40
Supply Chain Ethics
March 19
The article details significant human rights risks in recycled plastic supply chains, particularly in the sourcing of recycled plastics. For a company in the plastics industry, failure to implement responsible sourcing practices makes them complicit in perpetuating forced labor and unsafe working conditions.
Businesses warned of human rights blind spots in recycled plastic supply chains
-30
Labor Relations and Human Rights Practices
March 19
The framework introduced in the article is aimed at protecting informal waste workers from exploitation through improved labor practices. This underscores a broader issue within the industry where inadequate labor standards can lead to human rights abuses, making companies in this sector potentially complicit in such violations.
Businesses warned of human rights blind spots in recycled plastic supply chains
- OCT012009Migrant Worker Exploitation in South Korea Raises Ethical Concerns for Manufacturing Companies
-18.99
An extensive Amnesty International report documents widespread abuses against migrant workers in South Korea – including exploitation, unsafe working conditions, withheld wages, and trafficking. This environment raises questions about the ethical responsibility of companies in the manufacturing sector, such as YOUNG JIN PLASTICS & CHEMICAL CO., LTD., which operates in Busan.
-90
Business Practices and Ethical Responsibility
March 19
The Amnesty International report highlights systemic violations of labor rights, including exploitative recruitment, unsafe working conditions, wage withholding, and even trafficking, all of which fall under the purview of ethical business practices. Given that YOUNG JIN PLASTICS & CHEMICAL CO., LTD. operates in South Korea’s manufacturing sector where such abuses have been documented, the company is implicitly linked to an environment that enables these practices. This raises serious concerns under the category ‘Business Practices and Ethical Responsibility – Labor Relations and Human Rights Practices’.
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Industries
- 325211
- Plastics Material and Resin Manufacturing
- 325998
- All Other Miscellaneous Chemical Product and Preparation Manufacturing
- 326199
- All Other Plastics Product Manufacturing
