SK Hynix Inc
SK Hynix's GHG Emissions Data Preview
In 2023, SK Hynix 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 Hynix has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind SK Hynix’s Greenhouse Gas (GHG) Emissions Data
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Insights into SK Hynix's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of SK Hynix amounted to 7,324,980 metric 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 2022, the total operational greenhouse gas (GHG) emissions of SK Hynix decreased by 19.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
SK Hynix's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SK Hynix's Scope 1 emissions?
In 2023, the total Scope 1 emissions of SK Hynix were 2,338,090 metric tons of CO₂ equivalent (tCO₂e). a
Has SK Hynix reduced its Scope 1 emissions over time?
Since 2018, SK Hynix's Scope 1 emissions have increased by 19.38%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), SK Hynix's Scope 1 emissions decreased by 20.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are SK Hynix's Scope 2 emissions?
In 2023, SK Hynix reported Scope 2 greenhouse gas (GHG) emissions of 4,986,890 tCO₂e using the location-based method. a
Has SK Hynix reduced its Scope 2 emissions over time?
Since 2018, SK Hynix's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 26.06%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), SK Hynix's Scope 2 emissions (Location-Based) fell by 18.78% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does SK Hynix use for Scope 2 reporting?
In 2023, SK Hynix reported its Scope 2 emissions using the location-based method. a
SK Hynix's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into SK Hynix's Value Chain Emissions
In 2023, SK Hynix reported 2,951,027 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of SK Hynix includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
SK Hynix's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are SK Hynix's Scope 3 emissions?
In 2023, SK Hynix reported total Scope 3 emissions of 2,951,027 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has SK Hynix reduced its Scope 3 emissions over time?
Since 2018, SK Hynix's Scope 3 emissions have increased by 2,604.88%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), SK Hynix's Scope 3 emissions decreased by 16.58%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does SK Hynix disclose?
In 2023, SK Hynix reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of SK Hynix's Scope 3 emissions?
In 2023, the largest contributors to SK Hynix's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 1,604,881 tCO₂e (54.38%)
- Fuel- and Energy-Related Services (Cat. 3): 878,254 tCO₂e (29.76%)
- Waste Generated in Operations (Cat. 5): 286,402 tCO₂e (9.71%)
SK Hynix's Scope 3 Emissions by Categories
Insights into SK Hynix's Total Carbon Footprint
In 2023, SK Hynix reported a total carbon footprint of 10,276,007 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.57% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to SK Hynix's total carbon footprint was Scope 2 emissions, accounting for 48.53% of the company's total carbon footprint, followed by Scope 3 emissions at 28.72%. a