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.
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.
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.
SK Chemicals's score of 42 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SK Chemicals reported total carbon emissions of approximately 1,000,000 kg CO2e, comprising 48,902,000 kg CO2e from Scope 1, 187,434,000 kg CO2e from Scope 2, and about 1,007,943,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint significantly. The company has set ambitious targets under the Science Based Targets initiative (SBTi). By 2032, SK Chemicals aims to achieve a 50.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions from a 2021 baseline. Additionally, it plans to cut Scope 3 emissions—specifically from purchased goods and services, waste generated in operations, processing of sold products, and end-of-life treatment of sold products—by 30% within the same timeframe. SK Chemicals is also committed to reaching net-zero emissions across all scopes by 2050, demonstrating its long-term dedication to climate action. The company’s initiatives align with industry standards for reducing greenhouse gas emissions and reflect a proactive approach to sustainability in the chemicals sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 403,124,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 109,661,000 | 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 |
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 committed to some reduction initiatives 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.