- Supply chain disruptions due to COVID-19.
- Growing global demand for corporate social responsibility for human rights protection.
- Growing concern for environmental impact and human rights violations in the mining industries.
- Increased shareholder activism and NGO activities.
- Strengthening of mandatory disclosures on non-financial ESG information.
- Extreme weather conditions.
SK innovation
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, SK innovation disclosed greenhouse gas emissions of 11.2M tCO2eq (Scope 1 & 2). By scope: Scope 1: 9.0M tCO2eq; Scope 2: 2.2M tCO2eq; Scope 3: 118.3M tCO2eq. 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
11.2M tCO2eq (Scope 1 & 2)
2021
Water Usage
43.1M tons
2021
Waste
118.2K tons
2021
Energy Use
44.2M MWh
2021
📊 Emissions by Scope (2021)
| 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). | 9.0M tCO2eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.2M tCO2eq |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 118.3M tCO2eq |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced total energy consumption by approximately 7% compared to 2020, saving KRW 2.3 billion.
- Signed voluntary agreements to reduce air pollutant emissions in Ulsan.
- Implemented various wastewater reclamation measures to reduce water consumption.
- Systemically managed waste generation through a self-developed waste management system.
- Restored 170 ha of mangrove forests in Vietnam since 2018.
- Renewed ISO 14001 environmental management system certification.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 & 2 emissions by 25% (energy/chemical) and 42% (battery/material) compared to 2019 by 2025.
📅 Medium-term
- Reduce Scope 3 emissions by 75% based on financial intensity compared to 2019 by 2030.
- Reduce Scope 3 emissions by 25% compared to 2019 in absolute quantity by 2030.
🔭 Long-term
- Achieve net zero emissions for Scope 1 & 2 in energy/chemical business by 2050 and battery/material business by 2035.
- Reduce Scope 3 emissions by 90% based on integrated financial intensity by 2050.
- Reduce Scope 3 emissions by 70% on an absolute basis by 2050 in the energy/chemical business.
🌱 ESG Focus Areas
Reducing Environmental ImpactHuman Rights ManagementHuman Resource ManagementHappiness ManagementSafety, Health and Environmental ManagementEthical ManagementSupply Chain ESGSocial ContributionCustomer Satisfaction Management