Public Profile

Sk Hynix

SK Hynix Inc., a leading global semiconductor manufacturer, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and the Americas. Founded in 1983, the company has established itself as a key player in the memory chip industry, specialising in DRAM and NAND flash memory products. With a commitment to innovation, SK Hynix has achieved significant milestones, including advancements in 10nm-class DRAM technology and the development of high-capacity NAND solutions. Their core offerings are distinguished by superior performance and energy efficiency, catering to a diverse range of applications from mobile devices to data centres. As one of the largest memory chip producers worldwide, SK Hynix continues to strengthen its market position through strategic partnerships and cutting-edge research, solidifying its reputation for excellence in the semiconductor sector.

DitchCarbon Score

How does Sk Hynix'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.

23

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing 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.

2

Industry Benchmark

Sk Hynix's score of 23 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

Sk Hynix's reported carbon emissions

In 2023, SK Hynix reported total carbon emissions of approximately 2,338,090,000 kg CO2e for Scope 1, 4,986,890,000 kg CO2e for Scope 2, and 2,951,027,000 kg CO2e for Scope 3. This reflects a continued commitment to monitoring and managing their carbon footprint across all scopes of emissions. Over the years, SK Hynix has consistently reported significant emissions figures, with Scope 1 emissions peaking at about 2,711,409,000 kg CO2e in 2020 and Scope 2 emissions reaching approximately 6,139,877,000 kg CO2e in 2022. The company has also disclosed Scope 3 emissions, which include indirect emissions from sources such as purchased goods and services, employee commuting, and waste generated in operations. Despite the absence of specific reduction targets or climate pledges, SK Hynix's ongoing efforts to track and report emissions demonstrate a commitment to transparency and accountability in their climate strategy. The company operates within a rapidly evolving industry context, where semiconductor manufacturers are increasingly pressured to adopt sustainable practices and reduce their environmental impact.

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201820192020202120222023
Scope 1
1,958,542,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
3,955,848,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
109,100,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sk Hynix's primary industry is Electrical machinery and apparatus n.e.c. (31), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Sk Hynix is headquartered in KR, which we do not have grid emissions data for.

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 Hynix 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers