SK Chemicals
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 59 is higher than 78% 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 2023, SK Chemicals reported total carbon emissions of approximately 1,100,000,000 kg CO2e, with emissions distributed across various scopes: 48,902,000 kg CO2e (Scope 1), 187,434,000 kg CO2e (Scope 2), and 1,007,943,000 kg CO2e (Scope 3). The combined total for Scope 1 and Scope 2 emissions was about 236,332,000 kg CO2e. SK Chemicals has set ambitious climate commitments, aiming for a 50.4% reduction in absolute Scope 1 and Scope 2 emissions by 2032, using 2021 as the baseline year. Additionally, the company targets a 30% reduction in Scope 3 emissions, which include emissions from purchased goods and services, waste generated in operations, and the end-of-life treatment of sold products, also by 2032. Looking further ahead, SK Chemicals is committed to achieving Net Zero emissions across its entire value chain by 2050. This commitment reflects the company's dedication to environmental responsibility and aligns with its long-term sustainability goals. The company has received approval for its Science Based Targets initiative (SBTi) targets, which serve as a framework for its emissions reduction strategy. Overall, SK Chemicals is actively working towards significant emissions reductions while addressing its environmental impact through comprehensive climate strategies.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 428,672,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 103,146,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SK Chemicals is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
