SK IE Technology Co Ltd

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]SK ie Technology has established a roadmap to reduce greenhouse gas emissions in stages by 2035 from a mid- to long-term perspective in 2021. SK ie Technology plans to change all electricity used at its business sites to new and renewable energy by 2030 (achieving RE100), and by 2035, it will achieve Net-Zero of all greenhouse gas emissions (Scope 1 + 2 of all business sites).
SK ie Technology went one step further from the announcement of the RE100 promotion in November 2020 and completed the registration of the RE100 global initiative in September 2021. Taking this initiative as an opportunity, SK ie Technology intends to implement the steps to achieve mid- to long-term carbon neutrality through active efforts to introduce eco-friendly power in business sites.. Greenhouse gas reduction activities are in progress with the goal of achieving 60% of the introduction of eco-friendly electricity at business sites around the world by 2025 and achieving RE100 by 2030. According to the carbon-neutral goal, the impact of climate change on business was reviewed and the recommendations of the Climate Change Financial Information Disclosure Task Force (TCFD) were reflected.
The organization's climate change strategy is managed in a consistent manner throughout the company through company-wide materiality assessment and discussions with management including the CEO. The company identifies major risks through the company-wide materiality assessment, and finally implements ESG initiatives and activities that are important for management reviewed by the Strategy/ESG Committee, and if necessary, reflects them in the company's mid/long-term strategic direction. As a result of the company-wide materiality assessment, responding to climate change was identified as a high risk, so the 2035 Carbon Net-Zero goal was established, the Scope3 GHG reduction mid- to long-term roadmap was established, the environmental data management process for ESG evaluation was established, and an agreement related to renewable energy other than the green rate system was concluded. and business review are being implemented and managed as major tasks.

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 IE technology has established a roadmap to reduce greenhouse gas emissions in stages by 2035 from a mid- to long-term perspective in 2021. SK IE technology plans to change all electricity used at its business sites to new and renewable energy by 2030 (achieving RE100), and by 2035, it will achieve Net-Zero of all greenhouse gas emissions (Scope 1 + 2 of all business sites). SK ie Technology went one step further from the announcement of the RE100 promotion in November 2020 and completed the registration of the RE100 global initiative in September 2021. Taking this initiative as an opportunity, SK IE technology intends to implement the steps to achieve mid- to long-term carbon neutrality through active efforts to introduce eco-friendly power in business sites.. Greenhouse gas reduction activities are in progress with the goal of achieving 60% of the introduction of eco-friendly electricity at business sites around the world by 2025 and achieving RE100 by 2030. According to the carbon-neutral goal, the impact of climate change on business was reviewed and the recommendations of the Climate Change Financial Information Disclosure Task Force (TCFD) were reflected. The organization's climate change strategy is managed in a consistent manner throughout the company through company-wide substantiality assessment and discussions with management including the CEO. The company identifies major risks through the company-wide substantiality assessment, and finally implements ESG initiatives and activities that are important for management reviewed by the Strategy/ESG Committee, and if necessary, reflects them in the company's mid/long-term strategic direction. As a result of the company-wide substantiality assessment, responding to climate change was identified as a high risk, so the 2035 Carbon Net-Zero goal was established, the Scope3 GHG reduction mid- to long-term roadmap was established, the environmental data management process for ESG evaluation was established, and an agreement related to renewable energy other than the green rate system was concluded. and business review are being implemented and managed as major tasks.