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 44 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SK Chemicals's reported carbon emissions
In 2023, SK Chemicals reported total greenhouse gas emissions of approximately 1,000,000,000 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 transparency in their emissions reporting, covering all relevant scopes. SK Chemicals has set ambitious climate targets, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2032, using 2021 as the base year. Additionally, the company is committed to a 30% reduction in Scope 3 emissions, which include emissions from purchased goods and services, waste generated in operations, processing of sold products, and end-of-life treatment of sold products, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. SK Chemicals is also committed to achieving net-zero emissions across all scopes by 2050, demonstrating a long-term commitment to sustainability and climate action.
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| 2019 | 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 |
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 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.
