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ESG Management

SK Innovation E&S is making utmost efforts to increase the value of E (Environment), S (Social), and G (Governance) to secure corporate sustainability.

The Sustainable Energy Solution Optimizer built on a differentiated business portfolio

  • LNG Value Chain

    Transition to low-carbon LNG and blue hydrogen businesses through CCS technology

  • Renewable energy

    Global renewable energy player (with 10 GW pipelines)

  • Hydrogen energy

    Becoming the top global hydrogen operator based on new technologies

  • Energy solutions

    Growing into a global total energy solutions provider

  • Response to climate change

    Net Zero by 2040
    * Scope 1+2 basis
    Enhancing competitiveness in clean energy technologies, including CCS

Scope1: Greenhouse gases directly emitted during business activities


Scope2: Greenhouse gases indirectly emitted when companies purchase energy sources during business activities

Expanding our unique social value models

  • Customer

    Promoting “zero” product-service safety and information security issues

  • Member

    Achieving coevolution with our employees (corporate growth and employee satisfaction)

  • Business partner

    Establishing a sustainable mutual growth system (economic growth and ESG management)

  • Local community

    Realizing local regeneration and building a social safety net by expanding the social value models

Securing premium governance by improving external reliability

  • Governance

    Establishing the management based on the board of directors by strengthening independence, professionalism, and transparency

  • Management System

    Building a management system for improving ESG value and strengthening the executive ability of new businesses (evaluation, compensation, ESG management system, etc.)

  • Stakeholder communication

    Building and operating a communication system customized for each stakeholder (customers, employees, investors, business partners, local communities)

Promotion of Net Zero

SK Innovation E&S aims to achieve “2040 Net Zero”, by reducing greenhouse gas emissions from
Scope 1+2* to reach carbon neutrality by 2040.

Scope 1: Greenhouse gases directly emitted during business activities

Scope 2: Greenhouse gases indirectly emitted when companies purchase energy sources during business activities

Efforts for Greenhouse Gas Reduction

SK Innovation E&S generates over 95% of its greenhouse gas emissions from natural gas power generation process, which means its emissions are subject to fluctuations depending on the national power supply plan and the 2050 carbon neutrality scenario. To address this, we estimate its annual emissions and continuously updates its reduction plans.

Greenhouse gas reduction measures are broadly categorized into two approaches: Direct reduction, which involves reducing emissions generated at business sites, and Indirect reduction, which utilizes offset credits secured through various external projects and initiatives.

SK Innovation E&S plans to prioritize direct reduction by applying CCS* technology to its LNG gas fields. Remaining emissions will be offset through indirect reduction measures, such as participation in global CDM** projects.

While adjustments to the reduction plan may be unavoidable due to emission variability, delays in the development or commercialization of reduction technologies, or changes in internal and external conditions, SK Innovation E&S remains committed to achieving Net Zero by 2040 as a responsible energy company.

  • * CCS(Carbon Capture & Storage): Capture, transport, and store CO2 generated from a source
  • **

    CDM(Clean Development Mechanism)
    : This system recognizes the reduction of greenhouse gas emissions by advanced nations, which includes those from projects invested in and performed in developing nations.

    ※ For more detailed information, please refer to the Sustainability Report

Supplier Roadmap (*Based on Scope 1+2) Key Manton Scope 1+2 2040 'Net Zero'