- Presenting ESG management strategies and achievements in the “2023 Sustainability Report”
SK chemicals, which is accelerating its eco-friendly transformation based on circular economy solutions, has published its sustainability report.
SK chemicals (CEO Ahn Jae-hyun) announced on the 00th that it released its “2023 Sustainability Report” detailing its ESG activities over the past year.
SK chemicals has been publishing sustainability reports for 14 consecutive years since 2010. These reports present its ESG management vision and transparently disclose its performance, thereby strengthening communication with various stakeholders, including customers, partner companies, local communities, and employees.
In this report, SK chemicals stated that it is focusing on contributing to the reduction of plastic waste through expanded investment in Circular Recycle™, reducing carbon emissions from its business activities, and producing low-carbon products to reduce carbon emissions together with stakeholders throughout the value chain.
The report also highlights environmental achievements from last year's ESG management, including △ being the first domestic chemical company in Korea to approve near-term greenhouse gas reduction targets from SBTi (Science Based Target initiative), △ obtaining the Gold grade in ZWTL (Zero Waste to Landfill) certification for waste recycling, and △ implementing renewable energy sources.
Furthermore, to enhance diversity among the Board of Directors, the company appointed a female outside director, conducted human rights impact assessments, and obtained certifications for anti-corruption management systems and information security management systems.
Ahn Jae-hyun, CEO of SK chemicals, said, “SK chemicals has been continuously making efforts and investments to address the global challenge of the climate crisis with a sense of responsibility and mission. We recognize solving environmental problems not as an option but as an imperative task, and we are committed to continuing our efforts to achieve carbon neutrality and realize a complete circular system for recycled plastics.”
SK chemicals was recognized for its ESG management efforts last year, achieving excellent results in domestic and international ESG evaluations. The company has maintained the highest A+ grade from the Korea ESG Standard Institute for two consecutive years and continues to be included in the DJSI KOREA index. The company received an AA grade in the Morgan Stanley Capital International (MSCI) ESG rating.
[Photo Description: SK chemicals has published its “2023 Sustainability Report” showcasing ESG activities throughout 2023. Cover of the “2023 Sustainability Management Report”]