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.
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.
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.
Sk Hynix's score of 70 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, SK Hynix reported total carbon emissions of approximately 11,300,000,000 kg CO2e, comprising 3,762,584,000 kg CO2e from Scope 1, 3,812,119,000 kg CO2e from Scope 2, and 3,732,101,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (about 2,577,393,000 kg CO2e) and waste generated in operations (approximately 315,027,000 kg CO2e). The company has set ambitious climate commitments, aiming for net-zero emissions by 2050 across all scopes. To support this goal, SK Hynix has established interim targets for 2030, which include maintaining Scope 1 and 2 greenhouse gas emissions at 2020 levels and achieving a renewable energy usage rate of 33%. The Carbon Management Committee, formed in 2022, plays a crucial role in implementing strategies to meet these targets. In 2023, SK Hynix's emissions were reported at approximately 10,000,000,000 kg CO2e, with Scope 1 emissions at 2,338,090,000 kg CO2e, Scope 2 at 4,986,890,000 kg CO2e, and Scope 3 at 2,951,027,000 kg CO2e. This indicates a proactive approach to managing and reducing their carbon footprint in the semiconductor industry.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
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 | 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 | 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 | 0,000,000,000 |
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.