SK Chemicals Co Ltd

Common Name
SK Chemicals
Country
South Korea
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
1,365
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 2024, SK Chemicals has disclosed 17 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 17 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 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
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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a
2026
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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a, b
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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a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2032
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2032
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)
Copy restricted. Please purchase to unlock this data.
a
2032
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
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)
Copy restricted. Please purchase to unlock this data.
a
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)
Copy restricted. Please purchase to unlock this data.
a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind SK Chemicals’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SK Chemicals’s data sources below and access millions more through our Disclosure Search.

a. SK Chemicals's Sustainability Report 2024
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b. SK Chemicals's TCFD Report 2023
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Insights into SK Chemicals's Greenhouse Gas Emissions Pathways

As of 2024, 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. a b

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

As of 2024, SK Chemicals has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

SK Chemicals's most ambitious operational target is to reduce these emissions by 95.05% by 2040, compared to a baseline of 202,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, SK Chemicals is lagging behind on its operational emissions reduction target, having achieved 14.26% of the planned reduction. a

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

202120242026203020322040055 k110 k165 k220 kBaselineCurrent (-14%)Target 2030 (-27%)Target 2032 (-57%)Target 2040 (-95%)

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

As of 2024, 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. a b

SK Chemicals's most ambitious value chain target is to reduce these emissions by 91% by 2050, compared to a baseline of 746,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a b

Instead of reducing value chain emissions, SK Chemicals has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a b

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

20212024202620302032204020500250 k500 k750 k1 MCurrent (+31%)Target 2026 (-9%)Target 2050 (-91%)
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