SK Materials Sustainability Profile
SK Materials, a leading player in the materials industry, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in 2000, the company has established itself as a key provider of advanced materials, particularly in the semiconductor and display sectors. With a focus on high-purity chemicals and innovative materials, SK Materials distinguishes itself through its commitment to quality and sustainability. The company has achieved significant milestones, including partnerships with major technology firms, which have bolstered its market position. Recognised for its cutting-edge solutions, SK Materials continues to drive advancements in the industry, making it a trusted name among manufacturers seeking reliable and efficient materials for their production processes.
DitchCarbon Score
How does SK Materials'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 Chemicals 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 Materials's score of 17 is lower than 67% 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 Materials's reported carbon emissions
In 2022, SK Materials reported total carbon emissions of approximately 2,828,420,000 kg CO2e. This figure includes 28,291,000 kg CO2e from Scope 1 emissions, 254,555,000 kg CO2e from Scope 2 emissions, and a significant 3,029,079,000 kg CO2e from Scope 3 emissions. The total emissions for 2021 were about 2,777,570,000 kg CO2e, with Scope 1 emissions at 145,000 kg CO2e and Scope 2 emissions at 443,756,000 kg CO2e. SK Materials has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company is a current subsidiary of SK Materials Co., Ltd., which is the source of their emissions data. The emissions data is cascaded from the parent company, reflecting the broader corporate family's sustainability efforts. Overall, while SK Materials has made strides in reporting emissions across all scopes, further details on specific reduction initiatives or targets are not available at this time.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 23,489,000 | 00,000,000 | 00,000 | 000,000 | 00,000,000 |
| Scope 2 | 222,662,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | - | 0,000,000,000 |
How Carbon Intensive is SK Materials's Industry?
How Carbon Intensive is SK Materials's Location?
SK Materials's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SK Materials has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
