SK Hynix Inc

In December 2020, SK hynix newly installed directly under the CEO a department dedicated to ESG Strategy to enable efficient response to key ESG issues at home and abroad. And since February, it has been running an 'ESG Management Committee' comprised of key executives including the CEO. The ESG Management Committee, a body that establishes the company-wide ESG strategy, shares in-depth discussions on mid-to-long-term ESG strategy direction and specific action plans such as ways to achieve net zero and water management strategy. [...] Building the right governance is the starting point for implementation of ESG management. We now have an established body where the top management, executives and the relevant teams can set up ESG strategy together and enhance execution.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]SK hynix's business focus is semiconductor, and its business area is limited to Korea and China. Therefore, climate strategy and engagement decision-making systems are integrated into the Continuing Management Committee and ESG Management Committee, and engagement is aligned with this, so that climate strategy and external activities are consistent.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]SK hynix's business focus is semiconductor, and its business area is limited to Korea and China. Therefore, climate strategy and engagement decision-making systems are integrated into the Continuing Management Committee and ESG Management Committee, and engagement is aligned with this, so that climate strategy and external activities are consistent.