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 73% 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 539,549,000 kg CO2e globally. This figure includes 408,724,000 kg CO2e from Scope 1 emissions and 130,825,000 kg CO2e from Scope 2 emissions. Notably, the company also disclosed Scope 3 emissions, which amounted to approximately 1,487,000,000 kg CO2e, highlighting the extensive impact of its entire value chain. SK Chemicals has set ambitious climate commitments, aiming to achieve a 50.4% reduction in absolute Scope 1 and 2 GHG emissions by 2032, using 2021 as the baseline year. Additionally, the company targets a 30% reduction in Scope 3 emissions from key categories, including purchased goods and services, waste generated in operations, and end-of-life treatment of sold products, also by 2032. These targets have been approved by the Science Based Targets initiative (SBTi) and are aligned with the goal of limiting global warming to 1.5°C. Furthermore, SK Chemicals is committed to achieving Net Zero GHG emissions across all scopes by 2050, with interim targets set for 2040. This long-term vision underscores the company's dedication to sustainability and its responsibility towards future generations and the environment.
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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?
How Carbon Intensive is SK Chemicals's Location?
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.
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Frequently Asked Questions
Common questions about SK Chemicals's sustainability data and climate commitments