Reporting Framework

SASB

The Sustainability Accounting Standard Board (SASB), founded in 2011, is a non-profit organization that sets non-financial reporting standards and develops and distributes sustainability accounting standards. SASB outlines sustainability risk topics deemed highly relevant to each industry and recommends that market participants communicate with their investors and stakeholders through consistent reports on these topics. In accordance with our SASB industry classification, SK ecoplant discloses information relating to topics and indicators deemed relevant for engineering and construction services. We plan to continuously make disclosures aligned with SASB via our sustainability reports and annual reports.

SASB 테이블 (주제, 측정 지표, 구분, CODE, 당사 현황)
Topics Description of indicator CODE Current status
Environmental impacts of project development No. of incidents of non-compliance with environmental permits, standards, and regulations IF-EN-160a.1 In 2021, SK ecoplant had 0 regulatory violations, such as fines.
Discussion of processes to assess and manage environmental risks associated with project design, siting, and construction F-EN-160a.2 SK ecoplant is subject to environmental laws and regulations. Accordingly, we have set up an environmental management system to control the entire process, from the start of construction to completion, to comply with relevant laws and regulations and prevent environmental risks. Environmental impact assessments cover the full environmental scope of air, soil, water quality, biodiversity, and waste, and the results are reflected in improvement plans. Further, plans to manage on-site environments and potential impacts are also developed prior to construction, while in the post-construction stage, key checklists required for the business process are reviewed to reflect all necessary items – such as licensing and safety vests. All major operating processes are monitored at all project sites, and optimized guidelines for each process aim to minimize environmental damage in the vicinity of each site.
Structural integrity and safety Re-work costs relating to defects and safety IF-EN-250a.1 KRW 14.64 billion
Total monetary losses as a result of legal proceedings associated with defect- and safety-related incidents IF-EN-250a.2 KRW 790 million
작업장 안전보건 (1) Total recorded incident rate (TRIR)
(2-a) Fatality rate of permanent employees
(2-b) Fatality rate of contract employees
IF-EN-320a.1 (1) SK ecoplant uses the LTIR safety management indicator, as opposed to TRIR. Accumulated LTIR figures for 2021 are 0.102 (employee) and 0.339 (business partners).
(2-a) 0%
(2-b) 0%
Impact on building and infrastructure lifecycle (1) No. of projects with multi-attribute sustainability certification verified by a third-party
(2) No. of scheduled sustainability certifications among ongoing projects
IF-EN-410a.1 (1) Green Building Certification (G-SEED): 10 cases
(2) 2022 Green Building Certification: 9 cases
2023 Green Building Certification: 6 cases
2024 Green Building Certification: 13 cases
Consideration for energy and water efficiency during the project planning and designing process IF-EN-410a.2 From the initial design stage, SK ecoplant conducts an energy analysis simulation to incorporate design and technological elements that boost energy efficiency and user comfort. A building energy management system (BEMS) is also used to improve energy management efficiency in the building maintenance and operational stages. For water conservation and circulation management, low-impact development (LID) techniques control on-site rainwater, in addition to water-conserving sanitary devices. Passive design (i.e., placement and direction and high-performing cover) is applied to minimize energy volume in buildings, and active design (i.e., high-efficiency facilities and LED) is applied to enhance energy efficiency. Furthermore, SK ecoplant’s integrated energy design process maximizes energy independence step by step through renewable sources such as solar, building-integrated photovoltaics (BIPV), geothermal heat, and fuel cells. In the construction process, smart construction is utilized to improve productivity. The use of applicable materials and methods reduces CO2 and waste, and temporary power for use in construction is produced by solar power generators. Moreover, wastewater and drift chamber water are not discarded but re-used in construction, landscaping, and sprinkling. Other eco-friendly efforts include obtaining green building certifications and energy efficiency rating certifications for buildings, as well as conducting life cycle assessments (LCA) for buildings to evaluate information on the environmental loads that occur during the entire life cycle of a building. The results of these assessments serve as a basis for establishing step-by-step environmental load reduction plans.
Environmental impacts of our business mix (1) hydrocarbon-related projects
(2) renewable energy projects
IF-EN-410b.1 (1) KRW 3.1082 trillion
(2) KRW 251.8 billion (projects related to fuel cells, hydroelectric power)
Backlog associated with cancelled hydrocarbon-related projects IF-EN-410b.2 KRW 0 (no projects canceled)
Backlog associated with climate change mitigation-related non-energy projects IF-EN-410b.3 KRW 2.2631 trillion (projects related to rail, subway, secondary battery products and materials)
Business Ethics In countries ranked in the bottom 20 of Transparency International’s Corruption Perception Index:
(1) No. of active projects
(2) Order backlog
IF-EN-510a.1 (1) 1 case (Iraq)
(2) KRW 143.6 billion
Total monetary losses as a result of legal proceedings associated with charges of:
(1) Bribery or corruption
(2) Anti-competitive practices
IF-EN-510a.2 (1) Domestic losses in 2021: KRW 0, Overseas losses in 2021: KRW 0
(2) Domestic losses in 2021: KRW 6.24 billion, Overseas losses in 2021: KRW 0
Description of policies and practices for prevention of:
(1) Bribery and corruption
(2) Anti-competitive behavior in the project bidding process
IF-EN-510a.3 (1) SK ecoplant pledges to strengthen its ethical and compliance management and act fairly and transparently throughout the business process. The scope of our code of ethics has been expanded to the entire value chain, including employees, executives, and Biz. Partners, in line with global standards. Also, a separate code of conduct for Biz. Partners is in effect. The drive to build an organizational culture of ethical management requires the maintenance of our education programs and compliance pledges, as well as regular audits and anti-corruption risk assessments for monitoring violations.

(2) SK ecoplant introduced the Compliance Program (CP) in 2008 to ensure compliance with fair trade laws and regulations at both domestic and overseas project sites. The CP is exclusively monitored by the Compliance Manager, who is appointed through a resolution of the Board of Directors, and operated by the Compliance Department under the direct control of the CEO. A preliminary reporting process for industry meetings is operated to prevent bidding collusion, unfair sub-contracting agreements are prevented through pre-reviews of on-site documentation, and technological theft is prevented through operation of a TDMS (Technical Data Management System) and technology data request forms. In accordance with this CP operating system, a preliminary supervision system is established to proactively review and prevent legal violations. In addition to preliminary reviews, we are constantly monitoring the legal execution of contracts and conduct on-site checks every month to immediately respond to any violations of agreements with subcontractors. Through documentary inspections of subcontractors, we also check payment status and takes pre-emptive corrective actions for any violations. In addition, we strive to minimize the risk of legal violations by continuously providing our employees with job-specific and case-specific training on the Act of Subcontracting and the Act on Fair Labeling and Advertising.
Business Activities Number of active projects IF-EN-000.A 118 cases (no. of projects changed due to revised management standard)
Number of commissioned projects during the reporting period IF-EN-000.B 39 cases
Total backlog IF-EN-000.C KRW 19.176 trillion
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