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 93% 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 137,565,511,000 kg CO2e, with emissions distributed across various scopes: 9,379,375,000 kg CO2e (Scope 1), 2,275,526,000 kg CO2e (Scope 2), and 137,565,511,000 kg CO2e (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 a rise. In 2022, the company recorded total emissions of about 132,134,684,000 kg CO2e, with Scope 1 emissions at 9,116,619,000 kg CO2e and Scope 2 emissions at 2,026,406,000 kg CO2e. The trend indicates a growing carbon footprint, particularly in Scope 3 emissions, which encompass indirect emissions from the use of sold products and other upstream and downstream activities. Despite the increase in emissions, SK Innovation has not publicly committed to specific reduction targets or initiatives as per the latest data. The absence of documented reduction targets suggests a need for enhanced climate strategies to align with global sustainability goals. The company operates within a challenging industry context, where significant emissions reductions are essential for mitigating climate change impacts. Overall, SK Innovation's emissions data highlights the importance of developing robust climate commitments and reduction strategies to address their carbon footprint effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
