In 2024, SK Networks 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 Networks has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 8,726.3a | 9,287.4a | 10,330.2a | |
Total Scope 2 | ||||
Market-Based | 26,474.4a | 27,203.3a | 26,689.5a | |
Location-Based | 29,222.5a | 29,410.9a | 30,158a | |
Total Scope 3 | 556,215.9a | 3,566,675.5a | 3,085,084.5a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.6722a | 1.2993a | 1.3811a |
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In 2024, the total operational greenhouse gas (GHG) emissions of SK Networks amounted to 37,948.8 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 2023, the total operational greenhouse gas (GHG) emissions of SK Networks decreased by 1.94%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of SK Networks were 8,726.3 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, SK Networks's Scope 1 emissions have decreased by 13.71%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), SK Networks's Scope 1 emissions decreased by 6.04%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, SK Networks reported Scope 2 greenhouse gas (GHG) emissions of 26,474.4 tCO₂e using the market-based method and 29,222.5 tCO₂e using the location-based method.a
Since 2021, SK Networks's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that SK Networks's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), SK Networks's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SK Networks's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, SK Networks reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, SK Networks reported 556,215.9 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 2024 disclosure of SK Networks includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 12 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, SK Networks reported total Scope 3 emissions of 556,215.9 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 56.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 43.67% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, SK Networks's Scope 3 emissions have decreased by 87.86%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), SK Networks's Scope 3 emissions decreased by 84.41%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, SK Networks reported emissions for 13 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.
In 2024, the largest contributors to SK Networks's Scope 3 emissions were:a
In 2024, SK Networks reported Scope 1 greenhouse gas (GHG) emissions of 8,726.3 tCO₂e and total revenues of USD 5,218 millions. This translates into an emissions intensity of 1.67 tCO₂e per millions USD.a
In 2024, SK Networks reported a Scope 1 emissions intensity of 1.67 tCO₂e per millions USD. Compared to the peer group median of 27.94, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, SK Networks ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places SK Networks among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, SK Networks reported a total carbon footprint of 594,164.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 83.52% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to SK Networks's total carbon footprint was Scope 3 emissions, accounting for 93.61% of the company's total carbon footprint, followed by Scope 2 emissions at 4.92%.a