Sk Hynix
SK Hynix Inc., a leading player in the electrical machinery and apparatus sector, is headquartered in South Korea (KR). Founded in 1983, the company has established itself as a global leader in semiconductor manufacturing, particularly in DRAM and NAND flash memory products. With major operational regions across Asia, Europe, and North America, SK Hynix serves a diverse clientele, including major tech firms and data centres.
The company is renowned for its innovative memory solutions, which are integral to modern computing and mobile devices. SK Hynix's commitment to research and development has led to significant advancements in memory technology, positioning it as a key competitor in the global market. Notable achievements include its consistent ranking among the top semiconductor manufacturers worldwide, reflecting its strong market presence and dedication to quality.
+17 vs industry average
Sk Hynix’s score of 53 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sk Hynix's reported carbon emissions
SK hynix, a global leader in the electrical machinery and apparatus industry headquartered in South Korea (KR), has set ambitious climate commitments. The company aims to achieve net-zero greenhouse gas emissions by 2050, encompassing Scope 1, 2, and 3 emissions. For the reporting year 2024, SK hynix reported total emissions of approximately 11.31 billion kg CO2e. This figure comprises Scope 1 emissions of about 3.76 billion kg CO2e, Scope 2 emissions of approximately 3.81 billion kg CO2e, and Scope 3 emissions totalling around 3.73 billion kg CO2e. Looking back, SK hynix reported total emissions of approximately 10.27 billion kg CO2e for 2023, with Scope 1 emissions at about 2.34 billion kg CO2e, Scope 2 at approximately 4.99 billion kg CO2e, and Scope 3 at around 2.95 billion kg CO2e. In 2022, total emissions were approximately 12.62 billion kg CO2e, with Scope 1 at about 2.94 billion kg CO2e, Scope 2 at around 6.14 billion kg CO2e, and Scope 3 at approximately 3.54 billion kg CO2e. For 2021, total emissions stood at approximately 11.28 billion kg CO2e, including Scope 1 of about 2.63 billion kg CO2e, Scope 2 of approximately 5.21 billion kg CO2e, and Scope 3 of around 3.43 billion kg CO2e. In 2020, total emissions were approximately 10.42 billion kg CO2e, with Scope 1 at about 2.71 billion kg CO2e, Scope 2 at approximately 4.84 billion kg CO2e, and Scope 3 at around 2.89 billion kg CO2e. Emissions for 2019 were approximately 9.55 billion kg CO2e, comprising Scope 1 at about 2.13 billion kg CO2e and Scope 2 at around 4.71 billion kg CO2e. To support its net-zero goal, SK hynix has established interim targets for 2030. These include maintaining Scope 1 and 2 greenhouse gas emissions at 2020 levels and achieving a 33% renewable energy usage rate. The company has also established a Carbon Management Committee (CMC) since 2022, comprising technical experts from various departments, to drive company-wide strategies for achieving its climate objectives.
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Sk Hynix’s Climate Goals (2030 & 2050)
3 goals2050
SK hynix has established long-term goals of achieving Net Ze…
SK hynix has established long-term goals of achieving Net Zero and RE100 by 2050. To fulfill these, we have set interim targets for 2030: ma…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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