• Achieved the highest A grade in both climate change and water security sectors, improving from last year
• Selected for S&P Global Sustainability Yearbook for the second consecutive year, ranking Top 2 among global chemical companies

SK chemicals' ESG efforts have led to consecutive upgrades from global assessment organizations.

SK chemicals (CEO & President Ahn Jae-hyun) recently announced on the 00th that it has received the highest possible rating of A in the climate change and water security sectors from the Carbon Disclosure Project (CDP), a globally recognized sustainability assessment organization.

CDP is a global initiative that annually requests environmental disclosures from major companies worldwide on key environmental issues such as climate change, deforestation, and water security. It is regarded as one of the most reliable sustainability assessments.

Following its A- rating in the climate change and water security sectors last year, SK chemicals has advanced to an A rating this year. CDP evaluates companies on an eight-tier scale, ranging from D- to A. The A rating is the highest grade awarded in the CDP assessment.

SK chemicals explained that its detailed risk and opportunity assessment framework, based on global ESG disclosure standards such as IFRS S2, along with a diversified financial impact analysis, contributed to the favorable evaluation. Specifically, in the climate change sector, the company continuously pursued emissions reduction in accordance with the Science Based Targets initiative (SBTi). In the water security sector, SK chemicals actively disclosed key water management metrics, including water withdrawal, reuse volumes, and water pollution indicators, while striving for efficient water resource usage—efforts that were recognized in the evaluation.

In addition, SK chemicals was listed in the Dow Jones Sustainability Index (DJSI) Korea last year, marking the fourth consecutive year. 

DJSI is a sustainability assessment and investment index that evaluates corporate performance not only in economic aspects but also in ESG criteria. It is published annually by S&P Global, a leading global financial information provider.

In this assessment, SK chemicals received the second-highest score among global chemical companies and was selected for the S&P Global Sustainability Yearbook for the second consecutive year.

SK chemicals plans to integrate ESG initiatives into its business operations, such as establishing a circular recycling ecosystem, while also striving for Net Zero through enterprise-wide emissions management and carbon reduction strategies.

Ahn Jae-hyun, CEO of SK chemicals, stated, "Our high ratings were made possible by our efforts to integrate ESG management into our business, such as utilizing circular recycling technology to reduce plastic waste, and by the dedication of our employees in reducing carbon emissions and protecting water resources on-site." He added, "As a global ESG leader, SK chemicals will continue to drive ESG management beyond Korea, expanding its impact on a global scale."
 

[Photo Description: Exterior view of SK chemicals' headquarters ECO Lab]