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SK Innovation Co Ltd, commonly referred to as SK Innovation, is a South Korean company specialising in a diverse range of business services within the 'Other Business Services (74)' industry. Headquartered in South Korea, the firm operates across various regions, leveraging its strategic location to serve global markets effectively. Established in 2011, SK Innovation has quickly grown to become a notable player in its sector, recognised for its innovative approach and commitment to quality.
The company’s core offerings include advanced business solutions and specialised services that distinguish it from competitors. With a strong market presence and a reputation for reliability, SK Innovation continues to expand its influence within the industry, driven by a focus on sustainable growth and operational excellence.
+18 vs industry average
SK Innovation Co Ltd’s score of 54 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
SK Innovation Co Ltd, headquartered in KR, reported estimated Scope 1 and 2 emissions of about 9.37 billion kg CO2e for 2025. In 2024, the company's estimated emissions included 9.67 billion kg CO2e for Scope 1, 3.05 billion kg CO2e for Scope 2, and 146.49 billion kg CO2e for Scope 3. This indicates a slight increase in total Scope 1, 2, and 3 emissions from 2023, where Scope 1 emissions were approximately 9.12 billion kg CO2e, Scope 2 emissions were around 2.03 billion kg CO2e, and Scope 3 emissions totalled about 142.96 billion kg CO2e. For 2022, estimated Scope 1 and 2 emissions were 11.31 billion kg CO2e.
SK Innovation Co Ltd has several climate commitments. For its battery and materials business, the company targets net-zero Scope 1 and 2 emissions by 2035. For its energy and chemicals business, the goal is to achieve net-zero Scope 1 and 2 emissions by 2050. The company also aims for a 7.8% reduction in Scope 1 and 2 emissions by 2025 compared to a Business As Usual (BAU) scenario, in line with national commitments. Furthermore, under its Net Zero Roadmap, the Hydrocarbon business plans a 25% reduction in emissions by 2025 and a 50% reduction by 2030, striving for net-zero before 2050 across all scopes. For Scope 3 emissions, SK Innovation aims for a 45% reduction by 2030 and a 75% reduction by 2050. This emissions data and climate commitment information are cascaded from SK Innovation Co., Ltd.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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