SK Hynix Inc

Common Name
SK Hynix
Country
South Korea
Sector
Technology
Industry
Semiconductors
Employees
31,894
Ticker
000660
Exchange
KOREA EXCHANGE
Description
SK hynix Inc. is a prominent global player in the semiconductor industry, specializing in the manufacturing and supply of dynamic random-access memory (DRAM) chips and NAND flash memory. As a crucial ...

SK Hynix's Climate Target Data Preview

As of 2024, SK Hynix has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, 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 Hynix ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Process
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
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Byte
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2026
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 Hynix's Greenhouse Gas Emissions Pathways

As of 2024, SK Hynix has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

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

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

SK Hynix's most ambitious operational target is to reduce these emissions by 57% by 2026, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Byte in 2020.

As of 2023, SK Hynix is ahead of schedule on its operational emissions reduction target, having achieved 75.44% of the planned reduction.

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

20202023202600000BaselineCurrent (-43%)Target 2026 (-57%)
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