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's GHG Emissions Data Preview

In 2023, 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 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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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's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of SK amounted to 13,579,306.99 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 increased by 2.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.

SK's Scope 1 Emissions Over Time

2019202020212022202303 M6 M9 M12 MtCO2e+8443676%-6%0%+1%
  • Total Scope 1
  • Year-over-Year Change

What are SK's Scope 1 emissions?

In 2023, the total Scope 1 emissions of SK were 9,740,638.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has SK reduced its Scope 1 emissions over time?

Since 2019, SK's Scope 1 emissions have increased by 8,050,014.46%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), SK's Scope 1 emissions increased by 1.3%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are SK's Scope 2 emissions?

In 2023, SK reported Scope 2 greenhouse gas (GHG) emissions of 3,838,668.49 tCOâ‚‚e without specifying the calculation method.

Has SK reduced its Scope 2 emissions over time?

Since 2019, SK's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 5,911.35%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), SK's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that SK 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does SK use for Scope 2 reporting?

In 2023, SK reported its Scope 2 emissions using an unspecified methodology.

SK's Scope 2 Emissions Over Time

2019202020212022202301 M2 M3 M4 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SK's Value Chain Emissions

In 2023, SK reported 13,860,199.72 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 includes a breakdown across 10 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's Scope 3 Emissions Over Time

2019202020212022202303.5 M7 M10.5 M14 MtCO2e+3%+237456%-14%+20%
  • Total Scope 3
  • Year-over-Year Change

What are SK's Scope 3 emissions?

In 2023, SK reported total Scope 3 emissions of 13,860,199.72 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.83% came from downstream activities like product use, distribution, and end-of-life treatment.

Has SK reduced its Scope 3 emissions over time?

Since 2019, SK's Scope 3 emissions have increased by 253,563.98%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), SK's Scope 3 emissions increased by 20.21%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does SK disclose?

In 2023, SK reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of SK's Scope 3 emissions?

In 2023, the largest contributors to SK's Scope 3 emissions were:

  • Investments (Cat. 15): 13,770,531.73 tCOâ‚‚e (99.35%)
  • Use of Sold Products (Cat. 11): 65,499.76 tCOâ‚‚e (0.47%)
  • Fuel- and Energy-Related Services (Cat. 3): 9,876.53 tCOâ‚‚e (0.07%)

SK's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.4%)

Insights into SK's Total Carbon Footprint

In 2023, SK reported a total carbon footprint of 27,439,506.71 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.56% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to SK's total carbon footprint was Scope 3 emissions, accounting for 50.51% of the company's total carbon footprint, followed by Scope 1 emissions at 35.5%.

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