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Our ESG Approach

ESG Story

Green Business Portfolio

SK Chemicals strives to minimize environmental impact and create a sustainable environment. The Green Materials business focuses on developing circular recycle solutions and securing a supply chain for recycled plastics and bio-based materials to replace petroleum-based raw materials. With these efforts, the company is enhancing growth potential in a market where environmental concerns and regulations are strengthening. Additionally, by expanding domestic and international infrastructure, sustainable material production will be continuously pursued.

Business Growth Centered on Recycled and Bio-based Materials
  • Recycled Copolyester Production Share

    • 100% by 2030
  • Expansion of Green Materials Sales Ratio

    • 80% by 2030
    • 90% by 2040
Transition of Green Business Portfolio
Achievements in Building Green Materials➊ Portfolio
  • 2019.10
    Utilization of Physical Recycling Technology

    • Launch of 'ECOTRIA R' product using 30% PCR (Post-Consumer Recycled) material
    • Obtained Global Recycle Standard (GRS) certification
  • 2021.05
    Secured purchasing authority for circular recycled materials

    • Investment in a Chinese company with technology and facilities to chemically decompose post-consumer PET
    • Secured purchasing authority for 20,000 tons of circular recycled materials
  • 2021.10
    Application of Circular Recycling Technology (1)

    • Launch of 'ECOTRIA CR,' the world's first product applying circular recycling technology
    • Establishment of a diverse lineup of eco-friendly packaging materials
  • 2022.01
    Application of Circular Recycling Technology (2)

    • Establishment of a mass production system for circular recycled PET ('SKYPET CR') using circular recycling technology for the first time in Korea
    • Building a lineup of copolyester and PET in the circular recycling field
  • 2022.05
    Operation of a 5,000-ton-scale production facility for PO3G

    • Reduction of carbon emissions by 45% using 100% plant-based raw materials; full-scale supply of high-performance polyol 'ECOTRION'
    • Suitable for various applications such as automotive synthetic leather and athletic shoes
  • 2022.11
    World's first UL 'Low Carbon' certification obtained

    • World's first UL (International Safety Certification and Testing Agency) certification for 'Low Carbon' obtained for CR copolyester
    • Certification for environmentally friendly product production throughout the entire process
  • 2023.03
    Securing production capability for circular recycled materials and products

    • Acquisition of assets from a Chinese green materials specialist through business integration, securing recycled plastics circular recycling materials, and production facilities
    • Through this, simultaneous commercialization of polyester circular recycled materials and production facilities, a world first, has been secured.

➊ Green Materials: Copolyester, CR-PET (Chemically-recycled PET), Bio-materials3