SK Chemicals Sustainability Profile
SK Chemicals, officially known as SK Chemicals Co., Ltd., is a leading player in the global chemical industry, headquartered in South Korea (KR). Founded in 1969, the company has established a strong presence in various operational regions, including Asia, Europe, and North America. Specialising in eco-friendly materials, SK Chemicals focuses on key business areas such as petrochemicals, bioplastics, and advanced materials. Their innovative products, including the renowned Eco-friendly PET and biodegradable plastics, set them apart in a competitive market. With a commitment to sustainability and technological advancement, SK Chemicals has achieved notable milestones, positioning itself as a frontrunner in the green chemistry sector. The company’s dedication to quality and environmental responsibility has earned it recognition as a trusted partner in the global supply chain.
DitchCarbon Score
How does SK Chemicals's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
SK Chemicals's score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SK Chemicals's reported carbon emissions
In 2024, SK Chemicals reported significant carbon emissions, totalling approximately 408,724,000 kg CO2e for Scope 1 and 130,825,000 kg CO2e for Scope 2, with a total of 1,487,000,000 kg CO2e for Scope 3 emissions. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 50.4% reduction in absolute Scope 1 and 2 emissions by 2032, based on a 2021 baseline. Additionally, SK Chemicals aims for a 30% reduction in Scope 3 emissions within the same timeframe. The company is also working towards achieving Net Zero emissions across its entire value chain by 2050, with interim goals to reach Net Zero for Scope 1 and 2 emissions by 2040. These commitments are supported by the Science Based Targets initiative (SBTi), which has validated their reduction targets. In South Korea, SK Chemicals' emissions for 2024 included approximately 47,757,000 kg CO2e for Scope 1, 174,637,000 kg CO2e for Scope 2, and a substantial 1,487,000,000 kg CO2e for Scope 3. The company is actively pursuing strategies to enhance sustainability and reduce operational waste, reflecting its commitment to environmental stewardship and climate action.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 395,890,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 73,853,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is SK Chemicals's Industry?
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SK Chemicals's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SK Chemicals has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about SK Chemicals's sustainability data and climate commitments