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OrganisationsSk Hynix
Sk Hynix logo

Sk Hynix

Electrical Machinery ManufacturingSouth KoreaXETRA: HY9H.F
Last verified 8 months agoskhynix.com

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.

53
DitchCarbon score

+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

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.110
20192025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B0.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Sk Hynix's reported carbon emissions

## SK Hynix: Carbon Emissions and Climate Commitments Headquartered in South Korea (KR), SK Hynix is actively engaged in reducing its environmental impact. In 2024, the company reported total greenhouse gas emissions of approximately 10.71 billion kg CO2e. This figure encompasses Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were around 3.76 billion kg CO2e, Scope 2 emissions approximately 3.81 billion kg CO2e, and Scope 3 emissions totalled about 3.73 billion kg CO2e. SK Hynix has set ambitious long-term goals to achieve Net Zero and RE100 by 2050. To support this overarching commitment, the company has established interim targets for 2030, including maintaining Scope 1 and 2 greenhouse gas emissions at 2020 levels. They also aim to achieve a 33% renewable energy usage rate by 2030. A dedicated Carbon Management Committee (CMC), formed in 2022, oversees company-wide strategies to reach its Net Zero target. This committee comprises technical experts from various departments, underscoring a cross-functional approach to emissions reduction. The company's reporting indicates a focus on key Scope 3 categories, with purchased goods and services being a significant contributor, accounting for approximately 2.58 billion kg CO2e in 2024. Fuel and energy-related activities also represent a substantial portion, at about 712.53 million kg CO2e for the same year. While SK Hynix is committed to transparency and reduction, it's important to note that some specific Scope 3 categories, such as downstream transportation and distribution, are reported at lower levels of detail, with a figure of approximately 201,000 kg CO2e in 2024. The company's climate commitments are not cascaded from a parent organisation.

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Sk Hynix’s Climate Goals (2030 & 2050)

3 goals

2050

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…

At risk0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

7 of 15 categories disclosed
Purchased Goods & Services69%
Fuel & Energy Activities19%
Waste Generated in Operations8%
Upstream Transportation & Distribution2%
Employee Commuting1%
Business Travel0%
Downstream Transportation & Distribution0%
Purchased Goods & Services69%
Fuel & Energy Activities19%
Waste Generated in Operations8%
Upstream Transportation & Distribution2%
Employee Commuting1%
Business Travel0%
Downstream Transportation & Distribution0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

2040 targetSee details
Active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Sk Hynix logoSk Hynix
KRElectrical Machinery Manufacturing
8 months ago
53
Sony Semiconductor Solutions Corporation logoSony Semiconductor Solutions Corporation
JPCommunication Equipment Manufacturing
20 days ago
72
View
Nordic Semiconductor logoNordic Semiconductor
NOElectrical Machinery Manufacturing
3 days ago
66
View
Samsung logoSamsung
KRSemiconductor and Related Device Manufacturing
2 days ago
56
View
Canon Medical Research Europe Limited logoCanon Medical Research Europe Limited
GBHealth Services
20 days ago
42
View
Semtech logoSemtech
USSemiconductor and Related Device Manufacturing
1 day ago
42
View
Silicon Labs logoSilicon Labs
USCopper Products
14 days ago
38
View

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Ditchcarbonv260319.2
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