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 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 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sk Hynix's reported carbon emissions
In 2023, SK Hynix reported total carbon emissions of approximately 7,200,000 kg CO2e, comprising 2,338,090,000 kg CO2e from Scope 1, 4,986,890,000 kg CO2e from Scope 2, and 2,951,027,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (1,604,881,000 kg CO2e) and waste generated in operations (286,402,000 kg CO2e). Over the years, SK Hynix has shown a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of about 7,600,000 kg CO2e, with Scope 1 emissions at 2,942,757,000 kg CO2e and Scope 2 emissions at 6,139,877,000 kg CO2e. The company has not publicly set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. The emissions data indicates a trend of increasing emissions over the years, with 2020 showing the highest total emissions at approximately 8,000,000 kg CO2e. This included 2,711,409,000 kg CO2e from Scope 1 and 4,836,919,000 kg CO2e from Scope 2, alongside significant Scope 3 emissions. SK Hynix's climate commitments and reduction strategies remain vague, with no documented reduction targets available. The company operates in a sector that is increasingly scrutinised for its environmental impact, highlighting the importance of transparent and ambitious climate action moving forward.
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Add to project| 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 | 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 committed to some 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.
