SK Inc

SK Inc's reported carbon emissions

SK Inc., headquartered in South Korea and operating within the Computer and related services industry, has reported its carbon emissions for recent years, demonstrating a commitment to reducing its environmental impact. For the reporting year 2024, SK Inc. reported a total of approximately 14.3 billion kg CO2e. This figure is comprised of: * Scope 1 emissions: approximately 1.28 million kg CO2e * Scope 2 emissions (market-based): approximately 102.6 million kg CO2e * Scope 3 emissions: approximately 14.2 billion kg CO2e, with the largest contributions from investments and the use of sold products. In 2023, total emissions were approximately 13.9 billion kg CO2e, with Scope 1 emissions at around 1.43 million kg CO2e, Scope 2 emissions (market-based) at approximately 102.6 million kg CO2e, and Scope 3 emissions at about 13.8 billion kg CO2e. SK Inc. has established several climate commitments and reduction targets. The company aims for a near-zero reduction in Scope 1 and Scope 2 emissions by the middle of the current decade. Furthermore, SK Inc. has a long-term target to achieve Net Zero across Scope 1 and 2 emissions by 2040. For Scope 1 emissions, there is a near-term target to achieve a 30% reduction by 2025 compared to 2023 levels. Another near-term goal is to achieve a 60% reduction in Scope 1 emissions by 2030, using 2021 as a base year. Similarly, a near-term goal of 60% reduction for Scope 2 emissions by 2030 (base year 2021) is in place. The company also plans a 30% reduction in Category 15 (investments) emissions by 2030 compared to the base year. In terms of absolute reductions, SK Inc. is targeting an annual reduction of over 6% for both Scope 1 and Scope 2 emissions from 2024 onwards, compared to 2023 levels, with SBTi goals planned for submission and verification in 2024. In earlier reporting periods, specific intensity targets were set, such as a 33% reduction in Scope 1 emissions intensity (per KRW 1 billion revenue) against a business-as-usual scenario by 2025. For Scope 2 emissions intensity, a reduction of 32.18% against a business-as-usual scenario by 2025 was also targeted.