SK Innovation Co Ltd
SK Innovation's GHG Emissions Data Preview
In 2023, SK Innovation 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 Innovation has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of SK Innovation amounted to 11,654,901 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of SK Innovation increased by 4.59%, suggesting that the company faced challenges in reducing its emissions from its core operations.
SK Innovation's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SK Innovation's Scope 1 emissions?
In 2023, the total Scope 1 emissions of SK Innovation were 9,379,375 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has SK Innovation reduced its Scope 1 emissions over time?
Since 2019, SK Innovation's Scope 1 emissions have decreased by 7.86%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), SK Innovation's Scope 1 emissions increased by 2.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are SK Innovation's Scope 2 emissions?
In 2023, SK Innovation reported Scope 2 greenhouse gas (GHG) emissions of 2,275,526 tCOâ‚‚e without specifying the calculation method.
Has SK Innovation reduced its Scope 2 emissions over time?
Since 2019, SK Innovation's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that SK Innovation 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), SK Innovation's Scope 2 emissions (Unspecified Calculation Method) rose by 12.29% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does SK Innovation use for Scope 2 reporting?
In 2023, SK Innovation reported its Scope 2 emissions using an unspecified methodology.
SK Innovation's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into SK Innovation's Value Chain Emissions
In 2023, SK Innovation reported 137,565,511 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of SK Innovation includes a breakdown across 9 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.
SK Innovation's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are SK Innovation's Scope 3 emissions?
In 2023, SK Innovation reported total Scope 3 emissions of 137,565,511 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 18.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 81.38% came from downstream activities like product use, distribution, and end-of-life treatment.
Has SK Innovation reduced its Scope 3 emissions over time?
Since 2019, SK Innovation's Scope 3 emissions have remained relatively stable, indicating that SK Innovation 's emissions have plateaued with no significant change in its value chain footprint.
Compared to the previous year (2022), SK Innovation's Scope 3 emissions remained relatively stable, indicating that SK Innovation 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does SK Innovation disclose?
In 2023, SK Innovation reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of SK Innovation's Scope 3 emissions?
In 2023, the largest contributors to SK Innovation's Scope 3 emissions were:
- Use of Sold Products (Cat. 11): 104,232,200 tCOâ‚‚e (75.77%)
- Purchased Goods and Services (Cat. 1): 23,316,200 tCOâ‚‚e (16.95%)
- End-of-Life Treatment of Sold Products (Cat. 12): 7,715,900 tCOâ‚‚e (5.61%)
SK Innovation's Scope 3 Emissions by Categories
Insights into SK Innovation's Total Carbon Footprint
In 2023, SK Innovation reported a total carbon footprint of 149,220,412 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.15% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to SK Innovation's total carbon footprint was Scope 3 emissions, accounting for 92.19% of the company's total carbon footprint, followed by Scope 1 emissions at 6.29%.