SK Innovation Co Ltd
SK Innovation's Climate Target Data Preview
As of 2023, SK Innovation has disclosed 11 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 9 absolute reduction targets and 2 intensity-based target 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 Innovation ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2040 |
Absolute-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2045 |
Absolute-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2050 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per South Korean Won (KRW) of Fixed Assets | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per South Korean Won (KRW) of Fixed Assets | Copy restricted. Please purchase to unlock this data.  | 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 Innovation's Greenhouse Gas Emissions Pathways
As of 2023, SK Innovation 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 Innovation have a target to reduce the emissions from its operations?
As of 2023, SK Innovation has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
SK Innovation's most ambitious operational target is to reduce these emissions by 77.47% by 2040, compared to a baseline of 12,430,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2021, SK Innovation is ahead of schedule on its operational emissions reduction target, having achieved 15.49% of the planned reduction.
SK Innovation's Operational (Scope 1+2) Emissions Pathway
Does SK Innovation have a target to reduce the emissions from its value chain?
As of 2023, SK Innovation has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
SK Innovation's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per South Korean Won (KRW) of Fixed Assets in 2019.