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SK Chemicals, also known as SK케미칼, is a prominent South Korean enterprise established in 1969. Headquartered in South Korea, the company has evolved into a global leader in both advanced chemicals and life science sectors.
Its operations are strategically divided into two core areas: Green Chemicals and Life Science. The Green Chemicals division pioneers sustainable chemistry, developing innovative eco-friendly materials such as co-polyesters and high-performance bioplastics, showcasing a strong commitment to environmental responsibility.
The Life Science segment is dedicated to global health, delivering cutting-edge pharmaceutical products and vaccines. Through continuous research and development, SK Chemicals provides essential medicines and advanced materials, contributing to a healthier and more sustainable future.
38
DitchCarbon score
+6 vs industry average
SK Chemicals’s score of 38 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
SK Chemicals's reported carbon emissions
SK Chemicals, a South Korean chemical company, reported its Scope 1 emissions as approximately 408.7 million kg CO2e and Scope 2 emissions as approximately 130.8 million kg CO2e for 2024.
The company has set ambitious climate commitments. SK Chemicals aims to achieve Net Zero GHG emissions by 2040 for Scope 1 and Scope 2 emissions. Additionally, they are working towards Net Zero across their entire value chain (all scopes) by 2050, emphasising continuous operational waste reduction.
As part of their Science Based Targets initiative (SBTi) approved targets, SK Chemicals is committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 50.4% by 2032, using 2021 as a baseline year. Furthermore, they plan to reduce absolute Scope 3 GHG emissions from purchased goods and services, waste generated in operations, processing of sold products, and end-of-life treatment of sold products by 30.0% within the same timeframe. In 2021, their Scope 1 emissions were approximately 64.5 million kg CO2e, Scope 2 emissions were approximately 202.0 million kg CO2e, and Scope 3 emissions were approximately 1.08 billion kg CO2e.
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SK Chemicals’s Climate Goals (2030 & 2050)
3 goals2032
50.4% reduction in Scope 2
SK Chemicals commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year.* *The target boundary includes land…
Behind target50.4%
2032
50.4% reduction in Scope 1
SK Chemicals commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year.* *The target boundary includes land…
Behind target50.4%
2032
30% reduction in scope 3 total
SK Chemicals also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, waste generated in operations, process…
Insufficient data30%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2032 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
SK Chemicals11 months ago
38
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Frequently asked questions
Common questions about SK Chemicals’s sustainability data and climate commitments
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