DATA & FRAMEWORKS
DATA & FRAMEWORKS
Awards and Initiatives
Understanding Global Initiatives
SK Chemicals practices ESG management under the mission and vision of 'Protecting the Earth's environment and human health.' The company aims to transparently disclose ESG management goals and performance according to global guidelines such as SASB and TCFD. Additionally, SK Chemicals participates in the Carbon Disclosure Project (CDP) to disclose efforts for carbon reduction, climate change response goals, and strategies. The company aims to declare membership in the Science Based Targets initiative (SBTi) for science-based greenhouse gas reduction goals by March 2023. These efforts were externally recognized, leading to an upgrade in the MSCI ESG rating from B to BBB in 2021, and an improvement in the Korea Corporate Governance Service (KCGS) rating from B+ to A. SK Chemicals has also been included in the DJSI Korea Index, receiving recognition from global evaluation institutions.
ESG Ratings
-
Korea Corporate Governance Service
The Korea Corporate Governance Service has been conducting corporate governance evaluations based on high transparency and professionalism since 2003. Since 2011, it has evaluated the sustainability management level of domestic listed companies annually through ESG evaluations. The ESG evaluation model of the Korea Corporate Governance Service complies with international standards such as OECD Corporate Governance Principles, ISO 26000, and also faithfully reflects domestic laws and the business environment.
October 2023 Evaluation Results
A+
(Environment A+, Social A+, Governance A) -
MSCI (Morgan Stanley Capital International)
MSCI (Morgan Stanley Capital International) has been providing ESG evaluations since 1999. It evaluates 10 themes and 35 core issues in the ESG field, providing evaluation results on a scale of AAA to CCC. Governance evaluation is given weight, and separate ratings are provided for each ESG area.
January 2023 Evaluation Results
AA
-
CDP
CDP is a global climate change project conducted in more than 91 countries worldwide. Over 7,000 companies worldwide disclose greenhouse gas emissions, crises and opportunities due to climate change, and carbon management strategies through CDP.
December 2022 Evaluation Results
A-
-
DJSI
The Dow Jones Sustainability Indices (DJSI) launched in 1999, are a family of indices evaluating the sustainability performance of thousands of companies trading publicly, operated under a strategic partnership between S&P Dow Jones Indices and RobecoSAM of the S&P Dow Jones Indices.
2022.12
Included in KOREA