Climate Change

We create a sustainable future where people, society and the environment will coexist.

Policy

SK ecoplant’s climate polices are equal to its business strategies. We have recognized that a proper response to climate change is a top priority and have committed to resolving this issue. To this end, we have restructured and transitioned our business model to an environmental business to promote a circular economy, as well as to an energy business for carbon emissions reductions. In 2021, we announced our commitment to achieving our 2040 Net Zero Target, which was a testament to our strong determination to address climate change, as well as developing more detailed plans for attaining the net zero target based on the SBTi methodology and guidelines in 2022. Our net zero implementation plan is disclosed in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). In addition, we have voluntarily participated in the Carbon Disclosure Project (CDP) and achiev grade A- in 2021.
Beginning in 2022, to promote our company-wide net zero commitment, we set up the Net Zero Transition Council in line with the revision of environmental policies and changes to the business environment while establishing reduction targets for greenhouse gas (GHG) emissions and connecting them with KPIs of each organization. In the mid- and long-term, SK ecoplant is planning to transition 30% of our electric power to renewable energy by 2025, gradually increasing this proportion in order to achieve our own RE100 target by 2030.
Furthermore, in 2020, we included climate change as a key risk assessment factor in the process of business model transition. The ESG Promotion Division, the body in charge of climate-related issues at SK ecoplant, identifies and manages climate-related risks across our entire operations, including new projects and investments.

Goal

SK ecoplant is determined to contribute to the net zero commitment by transitioning to an environmental-friendly enterprise, which will, in turn, lead to the development of infrastructure suitable for supplying and consuming new renewable energy. Having set 2021 as a base year, we established a 2040 Net Zero target and roadmap for all of our domestic business sites and submitted our SBTi target in 2022. Based on the 1.5 ℃ scenario, we aim to reduce Scope 1 and 2 carbon emissions by 42 % by 2030 and 100% by 2040. We are establishing a Scope 3 reduction target and plan that complies with the 2℃ or less scenario.

Net Zero 달성 목표 테이블 (범위 (Scope 1,2), 기준연도, 기준배출량, 목표연도, 감축목표)
Scope Base year Base emissions Target year Reduction target
Scope 1,2 2021 33,242 tCO2-eq 2030 42%
2040 100%

Performance

01. Net Zero Transition Council

SK ecoplant set up the Net Zero Trans Council to create momentum company-wide and expedite decision making and its application for the achievement of the 2040 net zero target. The council, which consists of six business units including SK ecoengineering and three centers, strengthens our net zero management system by holding company-wide monthly meetings and reporting meeting results to the CEO on a quarterly basis. For more efficient energy management, we run environmental efficiency indicators, taking into account the characteristics of each business site while focusing on managing reduction activities for carbon, water, waste and energy. Further, we are involved in a wide variety of reduction activities such as RECs, installing Roof-PV at business sites, participating in the K-EV 100 initiative, and operating a carbon reduction program for employees to purchase low-carbon products.

Organizational chart for Net Zero management
Net Zero 추진 조직도에 관한 이미지 입니다. 자세한 설명은 하단 내용을 참고하세요.
이사회, CEO - 의사결정 넷제로 추진 협의체 - 논의 실행조직·현장, 실행조직·현장 - 실행
  • 의사결정 사항
  • 실행필요 사항

02. Greenhouse Gas Emissions

To manage Scope 1, 2, and 3 emissions, SK ecoplant began expanding our verification to cover Scope 3 emissions starting in 2021. We verified eleven categories (1, 2, 3, 4, 5, 6, 7, 8, 11, 12, and 15) in total in 2022. Our Environmental Management Information System (EMIS) is linked to the company-wide resource and financial management system to transparently measure greenhouse gas (GHG) emissions. Our emissions in 2021 amounted to 33,242 tons, a slight drop from 33,623 tons in 2020.

03. Employee Carbon Reduction Program

SK ecoplant launched an employee carbon reduction program starting 2022, aiming at reducing 12 kg of carbon emissions per employee annually. They accumulate SV points and participate in emissions reduction by joining various sub-programs, such as Monthly Challenge, and the amount of emissions reduced through their activities are collected in real time. Moreover, the accumulated points are donated to the installation of Solar Cow, a solar charging station for youth in Africa. Other programs to be implemented in the first half of 2022 include Eco-friendly Promise, a Carbon Literacy Course, use of tumblers, low-carbon diet, zero food waste, email diet, and an in-house second-hand market. As of May, 2022, we have reduced 26 tons of carbon emissions in total, or 5.5 kg per employee.

04. Reduction Activities

In March 2022, to achieve our company-wide commitment to Net Zero, we launched a Net Zero Transition Council that consists of executives in every business division. Aimed at reducing GHG emissions in 2022 by 2.75 % or more compared to that of 2021, SK ecoplant is making efforts to improve on-site environmental efficiency indicators, including installation of more than one Roof-PV at each BU site, in order to manage demands for energy as well as facilitating efficient energy operation. Furthermore, the company’s transition to electric vehicles via the K-EV100 initiative contributed to reducing five tons of GHG emissions in 2021 and 3 tons in 2022 (up to March), while the solar power generators installed on the rooftops of our field offices helped reduce 50 tons and 24 tons of emissions in 2021 and 2022 (up to March) respectively. Going forward, we will be continuously engaged in reduction activities, including the purchase of RECs in 2022 to reduce about 700 tons in GHG emissions and the installation of at least 4 solar power generators on the rooftops of field offices to directly reduce about 200 tons in emissions. Further, we aim to manage Scope 3 emissions by establishing a carbon reduction roadmap and purchasing low-carbon products, and are even establishing our subsidiaries’ GHG inventory as part of our efforts to enhance their ESG management.

05. RE100

SK ecoplant used 2.9 GWh of renewable energy in 2021, which included 2.8 GWh of Green Premium and 0.1 GWh of solar power. Renewable energy accounted for about 5% of our total power consumption, and we are planning to increase its proportion to more than 8% in 2022.

2021 Reduction Target
2021년 대비 2022년 에너지 감축 목표 테이블 (항목명 (온실가스 배출량 원단위 (tCO2e/매출액 10억원), 용수 취수량 원단위 (m3/매출액 10억원), 폐기물 발생량 원단위 (톤/매출액 10억원), 에너지 소비량 원단위 (GJ/매출액 10억원)), 목표)
Category Target
GHG emissions intensity (tCO2e/sales revenue KRW 1 billion) 2.75% reduction against 2021 volume and on-site installation of Roof-PV (1 or more cases)
Water intake intensity (m3/sales revenue KRW 1 billion) 2.75% reduction against 2021 volume
Generated waste intensity (ton/sales revenue KRW 1 billion) 9.7% reduction against 2021 volume
Energy consumption intensity (GJ/sales revenue KRW 1 billion) 2.75% reduction against 2021 volumet
Roadmap to 2040 Net Zero

SK ecoplant is preparing for innovation and changes in business and corporate management in order to achieve 2040 Net Zero. We will mitigate greenhouse gas emissions by purchasing RECs, transitioning to pollution-free vehicles (K-EV 100), installing roof-PV, purchasing low-carbon materials, applying CCU and CCUS to incinerators, and building zero-energy buildings with improved energy efficiency. We are pursuing step-by-step mitigation activities to reduce Scope 1 & 2 and Scope 3 GHG emissions by 42% and 17%, respectively, in 2030 compared to 2021, and reach Net Zero by 2040. We plan to verify the short-term and mid- to long-term goals based on the 1.5°C and 2°C degrees GHG mitigation scenarios of the Science-Based Reduction Target Initiative (SBTi), and continue to mitigate and manage GHG emissions accordingly.

2040 Net Zero 로드맵에 관한 이미지 입니다. 자세한 설명은 하단 내용을 참고하세요.

2022

  • Scope 1 & 2 : 33,242톤
  • Scope 3 : 약 200만톤

※ 178만톤에 대한 제3자 검증 완료

2030

  • Scope 1 & 2 : 42.5%
  • Scope 3 : 17%
감축

※ SBTi의 1.5도, 2도 미만 시나리오에 기반하여 수립한 목표를 검증 예정

2040

Net Zero 달성

scope 1, 2

  • 자체 생산 REC 판매기금 등을 활용하여 REC 구매 - REC 구매
  • 전기차 누적 10대 전환 목표 - K-EV 100
  • 4개 영역 BU 10개 현장 Roof-PV 설치 - Roof-PV 설치

scope 3

  • 22년, 전체 구매 레미콘의 29,4%를 저탄소 레미콘으로 구매 예정 - 저탄소 레모콘 구매
  • 22년, 자회사 소각장에 CCU 파일럿 설치 예정 및 추후 포집한 탄소를 자원화하기 위해 기술 개발 중 - CCUS 적용
  • 25년까지 SK VIEW, V1 인허가 시 에너지 자립률 20% 달성을 위한 기술 개발 중 - ZEB 인증 규제 대응
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