SK Inc

Common Name
SK
Country
South Korea
Sector
Industrials
Industry
Conglomerates
Employees
4,033
Ticker
034730
Exchange
KOREA EXCHANGE
Website
sk-inc.com
Description
Sk Inc. is a South Korean conglomerate known for its extensive operations across a variety of key sectors, including telecommunications, energy, chemicals, and semiconductors. As the holding company o...

SK Energy Data Preview

In 2023, SK disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

SK disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, SK did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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This table provides a simplified preview of selected energy 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's Energy Renewability

In 2023, SK consumed a total of 219.47 million Gigajoules of energy across its operations. Of this total, 1.51% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 98.49% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

SK's Energy Renewability Rate

2%

How much of SK's energy consumed is renewable?

In 2023, SK consumed a total of 219.47 million Gigajoules of energy, of which 1.51% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that SK has considerable room to improve its energy sustainability strategy.

Are SK's energy practices becoming more sustainable?

Since 2020, SK's total energy consumption increased by 7.08%, including a 2.66% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy in SK's consumption increased by 27,639.48%, including a 29.46% increase in 2023, showing consistent progress in clean energy adoption.

Overall, SK has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

SK's Renewable vs Non-renewable Energy Over Time

237.76 M87.76 M62.24 M237.76 MGigajoules (GJ)2020202120222023100%100%99%98%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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