SK Innovation Co Ltd

SK Innovation Co Ltd, headquartered in KR, reported approximately 161.2 billion kg CO2e in total carbon emissions for 2024. This figure includes about 9.67 billion kg CO2e from Scope 1, approximately 3.05 billion kg CO2e from Scope 2, and around 146.5 billion kg CO2e from Scope 3 emissions. For 2023, the company reported total emissions of approximately 154.1 billion kg CO2e, comprising about 9.12 billion kg CO2e for Scope 1, approximately 2.03 billion kg CO2e for Scope 2, and around 143 billion kg CO2e for Scope 3. In 2021, total emissions were approximately 154.7 billion kg CO2e, with Scope 1 at about 9.9 billion kg CO2e, Scope 2 at approximately 2.8 billion kg CO2e, and Scope 3 at around 142 billion kg CO2e. For 2020, total emissions were approximately 139.9 billion kg CO2e, including about 9.7 billion kg CO2e for Scope 1, approximately 2.39 billion kg CO2e for Scope 2, and around 127.8 billion kg CO2e for Scope 3.

SK Innovation Co Ltd has set several climate commitments. In its battery and materials business, the company aims for net-zero Scope 1 and Scope 2 carbon emissions by 2035. For its energy and chemicals business, the goal is to achieve net-zero Scope 1 and Scope 2 emissions by 2050. Additionally, the company has an absolute reduction target to cut Scope 1 and Scope 2 emissions by 7.8% or more against Business As Usual (BAU) by 2025, starting from a 2021 baseline. Under its Net Zero Roadmap, SK Innovation's Hydrocarbon business aims for a 25% reduction in emissions by 2025 and a 50% reduction by 2030, with a target to achieve Net Zero before 2050 across all scopes, from a 2019 baseline. The company also has a specific target for Scope 3 emissions, aiming for a 45% reduction by 2030 and a 75% reduction by 2050.