SK Chemicals Co Ltd

Common Name
SK Chemicals
Country
South Korea
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
1,345
Ticker
285130
Exchange
KOREA EXCHANGE
Description
Sk Chemicals Co., Ltd. is a prominent player in the chemical industry, specializing in the development and production of eco-friendly chemical solutions. With a focus on sustainable products, this Sou...

SK Chemicals's Climate Target Data Preview

As of 2023, SK Chemicals has disclosed 21 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 21 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into SK Chemicals ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Electricity
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
Absolute-based Target
Scope 2 - Steam
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 2 - Electricity
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target
Scope 2 - Steam
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Electricity
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Steam
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Steam
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2034
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 2 - Steam
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into SK Chemicals's Greenhouse Gas Emissions Pathways

As of 2023, SK Chemicals has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does SK Chemicals have a target to reduce the emissions from its operations?

As of 2023, SK Chemicals has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

SK Chemicals's most ambitious operational target is to reduce these emissions by 99.38% by 2040, compared to a baseline of 129,270 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

Instead of reducing operational emissions, SK Chemicals has increased them, with 2022 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

SK Chemicals's Operational (Scope 1+2) Emissions Pathway

2021202220242028203020322040035 k70 k105 k140 kCurrent (+4%)Target 2032 (-40%)Target 2040 (-99%)

Does SK Chemicals have a target to reduce the emissions from its value chain?

As of 2023, SK Chemicals has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

SK Chemicals's most ambitious value chain target is to reduce these emissions by 91% by 2050, compared to a baseline of 745,685 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

SK Chemicals's Value Chain (Scope 3) Emissions Pathway

202120252030204020500200 k400 k600 k800 kBaselineTarget 2025 (-13%)Target 2030 (-67%)Target 2040 (-80%)Target 2050 (-91%)
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