- Volatility in South Korea's renewable energy policy
- Strengthening of the Emissions Trading System (ETS)
- Increased data center operating costs due to rising temperatures
- Increased disaster recovery costs for data centers due to major river flooding
- Supply chain manufacturer operational stoppage due to natural disasters
- Climate risk management requirements in the investment portfolio
- Increased financial impact from physical risks in the investment portfolio
SK Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, SK Inc. disclosed greenhouse gas emissions of 126.6K tCO2eq/year. By scope: Scope 1: 1.4K tCO2eq/year; Scope 2: 125.2K tCO2eq/year; Scope 3: 13.9M tCO2eq/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
126.6K tCO2eq/year
2023
Renewable Energy
18.1%
of total energy
Water Usage
104.6K tons/year
2023
Waste
493.76 tons/year
2023
Energy Use
284.2K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.4K tCO2eq/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 125.2K tCO2eq/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 13.9M tCO2eq/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 126.6K tCO2eq/year |
| 2022 | 109.2K tCO2e (2022) |
| 2020 | 64.0K tCO2e (excluding scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved 18.1% renewable energy usage rate in 2023, exceeding the target of 16%
- Reduced Scope 1+2 emissions to 126,641 tCO2eq in 2023
- Achieved a 93.59% waste recycling rate in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10.89% by 2024
- Transition 30% of electricity usage to renewable energy by 2025
- Reduce Scope 3 emissions in Category 15 (investments) by 30% by 2030
📅 Medium-term
- Achieve 60% renewable energy by 2030
- Reduce emissions by 60% by 2030 (compared to 2021 base year levels)
- Achieve Net Zero in Scope 1&2 by 2040
🔭 Long-term
- Achieve Net Zero emissions by 2040 (Scope 1 & 2)
- 90% reduction of total Scope 3 emissions by 2050
🌱 ESG Focus Areas
Climate Change ResponseEthics and ComplianceTalent ManagementPortfolio ESG Management