In 2024, SK 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 has also provided a category-level breakdown for 11 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 | 9,891,457a | 9,740,637.5a | 9,615,651.28b | |
Total Scope 2 | ||||
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 14,210,016a | 13,860,199.7a | 11,529,818a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 116.4053a | 94.8429a | 91.7495b |
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In 2024, the total operational greenhouse gas (GHG) emissions of SK amounted to 13,697,634.7 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 increased by 0.87%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of SK were 9,891,457 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, SK's Scope 1 emissions have increased by 8,174,657.85%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), SK's Scope 1 emissions increased by 1.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, SK reported Scope 2 greenhouse gas (GHG) emissions of 3,806,177.7 tCO₂e using the location-based method.a
Compared to the previous year (2023), SK's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SK's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, SK reported its Scope 2 emissions using the location-based method.a
In 2024, SK reported 14,210,016 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 includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, SK reported total Scope 3 emissions of 14,210,016 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.67% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, SK's Scope 3 emissions have increased by 259,966.18%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), SK's Scope 3 emissions remained relatively stable, indicating that SK's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, SK reported emissions for 10 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's Scope 3 emissions were:a
In 2024, SK reported Scope 1 greenhouse gas (GHG) emissions of 9,891,457 tCO₂e and total revenues of USD 84,974 millions. This translates into an emissions intensity of 116.41 tCO₂e per millions USD.a
In 2024, SK reported a Scope 1 emissions intensity of 116.41 tCO₂e per millions USD. Compared to the peer group median of 16.25, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, SK ranked 21 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 among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, SK reported a total carbon footprint of 27,907,650.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.71% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to SK's total carbon footprint was Scope 3 emissions, accounting for 50.92% of the company's total carbon footprint, followed by Scope 1 emissions at 35.44%.a