SK Group
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OVERALL |
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Owned |
KOR |
Rating |
N/A |
Conglomerate
South Korea's third largest conglomerate. While its largest businesses are in chemicals and energy, they operate in a variety of sectors.
SK Group | KOR | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
SK Group | ||||
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of A-.
Source: CDP (2023)
This company received an S&P Global ESG Score of 85/100 in the Industrial Conglomerates category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021) |
South Korea's Fair Trade Commission fined this company 2.9 billion won (US$2.5 million) for its failure to sell its 9.88% stake in SK Securities Co. Ltd within a 2 year grace period that expired in August 2017 after SK Group converted into a holding company in 2015. In addition, the anti-trust regulator ordered SK Group to sell its stake in the brokerage within one year.
Source: S&P Global News (2018) |
This company received a score of 1.5/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
This company has sustainability claims on its website which are detailed in its annual Sustainability Reports, including a section on environmental performance.
Source: company website (2020) |
Company Details
Type | Public company |
Founded | 1953 |
Subsidiaries | SK hynix Inc
Semiconductors World's second largest memory chipmaker (after Samsung Electronics) and the world's third largest semiconductor company. Part of South Korea's third largest conglomerate, SK Group. |
Contact Details
Address | Seoul, Republic of Korea |
Website | www.sk.com/en/ |