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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 GHG Emissions Data Preview

In 2024, SK Chemicals completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

SK Chemicals has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind SK Chemicals’s Greenhouse Gas (GHG) Emissions 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
a. SK Chemicals's Sustainability Report 2024
b. SK Chemicals's Responsible Business Report 2023
b. SK Chemicals's Responsible Business Report 2023

Insights into SK Chemicals's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSK Chemicals amounted to539,549metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of SK Chemicalsincreased by 12.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

SK Chemicals's Scope 1 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e+409%-4%+14%
  • Total Scope 1
  • Year-over-Year Change

What are SK Chemicals's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SK Chemicals were 408,724 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has SK Chemicals reduced its Scope 1 emissions over time?

Since 2021, SK Chemicals's Scope 1 emissions have increased by 457.71%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), SK Chemicals's Scope 1 emissions increased by 14.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are SK Chemicals's Scope 2 emissions?

In 2024, SK Chemicals reported Scope 2 greenhouse gas (GHG) emissions of 130,825 tCOâ‚‚e without specifying the calculation method.a

Has SK Chemicals reduced its Scope 2 emissions over time?

Since 2021, SK Chemicals's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 41.3%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), SK Chemicals's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that SK Chemicals's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does SK Chemicals use for Scope 2 reporting?

In 2024, SK Chemicals reported its Scope 2 emissions using an unspecified methodology.a

SK Chemicals's Scope 2 Emissions Over Time

2021202220232024060 k120 k180 k240 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SK Chemicals's Value Chain Emissions

In 2024, SK Chemicals reported 1,487,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of SK Chemicals includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

SK Chemicals's Scope 3 Emissions Over Time

20212022202320240400 k800 k1.2 M1.6 MtCO2e+46%+14%+20%
  • Total Scope 3
  • Year-over-Year Change

What are SK Chemicals's Scope 3 emissions?

In 2024, SK Chemicals reported total Scope 3 emissions of 1,487,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 43.06%of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.94%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has SK Chemicals reduced its Scope 3 emissions over time?

Since 2021, SK Chemicals's Scope 3 emissionshave increased by 99.33%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), SK Chemicals's Scope 3 emissions increased by 20.05%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does SK Chemicals disclose?

In 2024, SK Chemicals reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of SK Chemicals's Scope 3 emissions?

In 2024, the largest contributors to SK Chemicals's Scope 3 emissions were:a

  • End-of-Life Treatment of Sold Products (Cat. 12): 493,676 tCOâ‚‚e(33.2%)
  • Purchased Goods and Services (Cat. 1): 436,555 tCOâ‚‚e(29.36%)
  • Investments (Cat. 15): 263,448 tCOâ‚‚e(17.72%)

SK Chemicals's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(29.4%)End-of-LifeTreatment of SoldProducts (Cat. 12)(33.2%)Investments(Cat. 15)(17.7%)

Insights into SK Chemicals’s GHG Emissions Intensity Compared to Industry Peers

In 2024, SK Chemicals reported Scope 1 greenhouse gas (GHG) emissions of 408,724 tCOâ‚‚e and total revenues of USD 1,184 millions. This translates into an emissions intensity of 345.33 tCOâ‚‚e per millions USD.a

SK Chemicals's Scope 1 Emissions Intensity Compared to Peers

2,00020,000100,0001,000,00010,000,000Scope 1 Emissions (tCO2e)2005001,0005,00010,000Revenues (Millions of USD)UDDSKCYear: 2024Scope 1: 457,430 tCO2eRevenue: $M 1,173Scope 1 Intensity: 389.89 tCO2e/$MNan Pao Resins ChemicalYear: 2022Scope 1: 10,229 tCO2eRevenue: $M 716Scope 1 Intensity: 14.29 tCO2e/$MShenzhen Capchem TechnologyYear: 2024Scope 1: 67,378 tCO2eRevenue: $M 1,075Scope 1 Intensity: 62.67 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MPCBL ChemicalYear: 2023Scope 1: 709,970 tCO2eRevenue: $M 701Scope 1 Intensity: 1,013.40 tCO2e/$MIngevityYear: 2021Scope 1: 252,925 tCO2eRevenue: $M 1,391Scope 1 Intensity: 181.76 tCO2e/$MUUUSIYear: 2024Scope 1: 197,785 tCO2eRevenue: $M 1,557Scope 1 Intensity: 127.03 tCO2e/$MDDDL HoldingsYear: 2024Scope 1: 1,752,436 tCO2eRevenue: $M 3,827Scope 1 Intensity: 457.94 tCO2e/$MTakasago InternationalYear: 2024Scope 1: 30,887 tCO2eRevenue: $M 1,294Scope 1 Intensity: 23.87 tCO2e/$MAlzchem GroupYear: 2024Scope 1: 102,919 tCO2eRevenue: $M 577Scope 1 Intensity: 178.45 tCO2e/$MTianqi LithiumYear: 2024Scope 1: 193,044 tCO2eRevenue: $M 1,790Scope 1 Intensity: 107.85 tCO2e/$MElementisYear: 2024Scope 1: 48,889 tCO2eRevenue: $M 549Scope 1 Intensity: 89.08 tCO2e/$MGujarat FluorochemicalsYear: 2025Scope 1: 709,492 tCO2eRevenue: $M 554Scope 1 Intensity: 1,279.70 tCO2e/$MDDDyno NobelYear: 2024Scope 1: 2,247,427 tCO2eRevenue: $M 3,649Scope 1 Intensity: 615.94 tCO2e/$MFuchsYear: 2024Scope 1: 34,087 tCO2eRevenue: $M 3,668Scope 1 Intensity: 9.29 tCO2e/$MHawkinsYear: 2024Scope 1: 23,458 tCO2eRevenue: $M 919Scope 1 Intensity: 25.52 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MTSRCYear: 2023Scope 1: 139,250 tCO2eRevenue: $M 1,024Scope 1 Intensity: 135.93 tCO2e/$MHexpolYear: 2024Scope 1: 18,918 tCO2eRevenue: $M 1,855Scope 1 Intensity: 10.20 tCO2e/$MEternal MaterialsYear: 2023Scope 1: 81,591 tCO2eRevenue: $M 1,384Scope 1 Intensity: 58.96 tCO2e/$MCSRCYear: 2023Scope 1: 909,611 tCO2eRevenue: $M 583Scope 1 Intensity: 1,561.04 tCO2e/$MSolar Industries IndiaYear: 2024Scope 1: 49,286 tCO2eRevenue: $M 709Scope 1 Intensity: 69.56 tCO2e/$MAECIYear: 2024Scope 1: 199,708 tCO2eRevenue: $M 1,781Scope 1 Intensity: 112.12 tCO2e/$MKumho Petro ChemicalYear: 2024Scope 1: 2,971,743 tCO2eRevenue: $M 4,876Scope 1 Intensity: 609.46 tCO2e/$MElkemYear: 2024Scope 1: 2,030,000 tCO2eRevenue: $M 1,571Scope 1 Intensity: 1,292.46 tCO2e/$MSK ChemicalsYear: 2024Scope 1: 408,724 tCO2eRevenue: $M 1,184Scope 1 Intensity: 345.33 tCO2e/$M

How does SK Chemicals's GHG emissions intensity compare to its peers?

In 2024, SK Chemicals reported a Scope 1 emissions intensity of 345.33 tCOâ‚‚e per millions USD. Compared to the peer group median of 112.12, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does SK Chemicals rank on GHG emissions intensity within its industry?

In 2024, SK Chemicals ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

SK Chemicals is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into SK Chemicals's Total Carbon Footprint

In 2024, SK Chemicals reported a total carbon footprint of 2,026,549 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.04% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to SK Chemicals's total carbon footprint was Scope 3 emissions, accounting for 73.38% of the company's total carbon footprint, followed by Scope 1 emissions at 20.17%.a

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