SK On members are reviewing the '2022 SK On Sustainability Report' published by the company at the Jongno Tower Building in Jongno-gu, Seoul. Photo by SK On
SK On is advancing ESG (Environmental, Social, and Governance) management by unveiling strategies to address various risk factors within its supply chain through its first sustainability report since its launch.
On the 12th, SK On released the 2022 Sustainability Report titled 'WE POWER FOR GREEN' on its official website. The report includes the identification and response plans for sustainability-related impacts, crises, and opportunities that may arise throughout the entire battery industry supply chain, from raw material mining to post-battery usage stages.
Additionally, key ESG achievements highlighted include ▲ acquisition of international standards for safety, health, and environmental management systems (ISO 14001·45001) at domestic and overseas sites ▲ renewal of quality management system certifications (ISO9001·IATF 16949) at domestic and overseas sites ▲ Gold certification for 'Zero Waste to Landfill' (ZWTL) at domestic sites ▲ and the launch of a cooperative growth council with partner companies.
Building on the publication of its first report, SK On plans to proactively respond to increasing ESG information disclosure demands from key stakeholders and legal regulations mandating sustainability information disclosure. Furthermore, the company has set goals to convert 100% of the electricity used at its domestic and international factories to renewable energy by 2030 and to achieve net zero greenhouse gas emissions by 2035.
In the foreword, Ji Dong-seop, CEO of SK On, stated, "SK On conducts its business activities based on the value of 'sustainable development.' Going forward, we will continue to view ESG management activities not as costs but as opportunities to create new value and establish a virtuous cycle for corporate growth."
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