SK On Co., Ltd. Sustainability Profile
SK On Co., Ltd., a prominent player in the battery manufacturing industry, is headquartered in South Korea (KR). Established in 2020, the company has rapidly positioned itself as a leader in the development and production of advanced lithium-ion batteries, primarily for electric vehicles (EVs) and energy storage systems. With a strong operational presence in key regions including North America and Europe, SK On is committed to innovation and sustainability. The company’s core offerings include high-performance battery cells and modules, distinguished by their superior energy density and safety features. Notable achievements include strategic partnerships with major automotive manufacturers, enhancing its market position as a trusted supplier in the rapidly evolving EV landscape. SK On continues to drive advancements in battery technology, contributing to a greener future.
DitchCarbon Score
How does SK On Co., Ltd.'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 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.
Industry Benchmark
SK On Co., Ltd.'s score of 37 is higher than 59% 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 On Co., Ltd., headquartered in South Korea (KR), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of SK Innovation Co., Ltd., which may influence its climate commitments and performance metrics. As of now, SK On Co., Ltd. has not publicly disclosed any specific reduction targets or initiatives related to carbon emissions. The absence of documented reduction targets suggests that the company is still in the process of establishing its climate strategy. The emissions data and climate initiatives may be influenced by the parent company, SK Innovation Co., Ltd., which has its own climate commitments and performance metrics. However, specific details regarding these metrics or targets have not been provided in the available data. In summary, while SK On Co., Ltd. is part of a larger corporate family with potential climate initiatives, it currently lacks specific emissions data and defined reduction targets. The company may benefit from aligning its climate commitments with those of SK Innovation Co., Ltd. to enhance its sustainability profile.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,032,500,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,467,701,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is SK On Co., Ltd.'s Industry?
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SK On Co., Ltd.'s Scope 3 Categories Breakdown
SK On Co., Ltd.'s Scope 3 emissions, which increased by 4% last year and increased by approximately 193% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 76% of Scope 3 emissions.
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SK On Co., Ltd.'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 On Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
