SK Innovation Co Ltd
SK Innovation Co., Ltd., headquartered in South Korea (KR), is a leading player in the energy and chemical industries. Founded in 1962, the company has evolved significantly, establishing a strong presence in various operational regions, including Asia, Europe, and North America. Specialising in oil refining, petrochemicals, and battery manufacturing, SK Innovation is renowned for its innovative approach to sustainable energy solutions. The company’s core products, such as high-performance batteries for electric vehicles, set it apart in a competitive market. With a commitment to research and development, SK Innovation has achieved notable milestones, including advancements in eco-friendly technologies. As a key contributor to the global energy transition, SK Innovation continues to solidify its market position through strategic partnerships and a focus on sustainability.
DitchCarbon Score
How does SK Innovation Co Ltd'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 Business Services 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 Innovation Co Ltd's score of 37 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SK Innovation Co Ltd's reported carbon emissions
In 2023, SK Innovation Co Ltd reported total carbon emissions of approximately 137,565,500,000 kg CO2e, with emissions distributed across various scopes: 9,379,375,000 kg CO2e from Scope 1, 2,275,526,000 kg CO2e from Scope 2, and 137,565,500,000 kg CO2e from Scope 3. This represents a slight increase in Scope 1 and Scope 2 emissions compared to previous years, while Scope 3 emissions have also seen an upward trend. The company's emissions data from 2022 indicated total emissions of about 132,134,700,000 kg CO2e, with Scope 1 at 9,116,619,000 kg CO2e and Scope 2 at 2,026,406,000 kg CO2e. Notably, the Scope 3 emissions in 2021 were reported at approximately 118,347,000,000 kg CO2e, highlighting a significant increase in emissions over the years. Despite the rising emissions, SK Innovation has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced transparency and commitment to climate action within the industry context. Overall, while SK Innovation has made strides in reporting its emissions, the lack of clear reduction commitments raises questions about its long-term climate strategy and alignment with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,488,609,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,276,695,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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 Innovation Co Ltd is not committed to any 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.
