ESG Report
Together with Society
Shared Growth with Stakeholders
SK Innovation subsidiaries has broadened the definition of its stakeholders and looks to enhance their happiness, sharing growth through various efforts. The company will build a sustainable supply chain based on stringent ESG management over suppliers and increase CSR programs to foster a business environment promoting co-prosperity with local communities. Furthermore, we will take the lead in creating a green ecosystem, discovering and collaborating with green technology startups to address ever-deteriorating environmental issues, such as climate change and waste plastic.
ESG Risk Management for Suppliers
ESG due diligence on suppliers - 100%, Ratio of high-performing suppliers in in-depth ESG assessment - 25 % or above
The company aims to have 100% of its suppliers receive ESG risk inspections and at least 25% of suppliers rated as high-performer in the in-depth ESG risk assessment by 2025. To this end, we are upgrading the ESG risk management system for suppliers while at the same time seeking overall improvement of management processes. We also keep monitoring international trends, such as the EU directive on supply chain due diligence and Net Zero, and provide guidelines to suppliers for preemptive responses and further expand supplier ESG risk management from a global perspective
2025 Mid-to-long term Roadmap
Goal
Sustainable Supply Chain and Stable Procurement
Direction
Strengthening ESG Risk Management for Suppliers
Strategies
Upgrading
ESG risk management
for suppliers
ESG risk management
for suppliers
Detailed
ESG risk management
for global suppliers
ESG risk management
for global suppliers
Creating tangible
progress toward
net-zero supply chain
progress toward
net-zero supply chain