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.
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.
Industry Benchmark
Sk Hynix's score of 54 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sk Hynix's reported carbon emissions
In 2023, SK Hynix reported total carbon emissions of approximately 8,019,310,000 kg CO2e. This figure includes 2,338,090,000 kg CO2e from Scope 1 emissions, 4,986,890,000 kg CO2e from Scope 2 emissions, and 2,951,027,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint through various initiatives. Notably, SK Hynix has established a Carbon Management Committee (CMC) in 2022, which aims to implement strategies for achieving net zero emissions by 2050 across all scopes. This initiative reflects the company's long-term vision for sustainability and its proactive approach to climate change. In previous years, SK Hynix's emissions were as follows: in 2022, total emissions were about 7,176,550,000 kg CO2e; in 2021, they reached approximately 11,100,242,000 kg CO2e; in 2020, emissions were around 10,459,456,000 kg CO2e; in 2019, they totalled about 9,551,840,000 kg CO2e; and in 2018, emissions were approximately 10,958,420,000 kg CO2e. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to carbon accounting. SK Hynix's commitment to sustainability is further underscored by its focus on reducing emissions through innovative technologies and practices, aligning with industry standards for climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 Hynix is participating in some of the initiatives that 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.
