Overview

Climate change has grown so detrimental as to threaten our economy and security. According to the IPCC, in order for us not to pass the ‘Tipping Point’ where there will be irreversible consequences from climate change, the rise in temperature should be limited to 1.5℃ or under. Global efforts are underway and Korea has also made the 2050 carbon neutrality declaration and enforced the Framework Act on Carbon Neutrality to transition to a low carbon economy.

SK D&D advances environmental management with an aim to reduce GHG emissions by expanding the supply of green buildings and the generation of renewable energy. In line with SK Group’s 2040 Net Zero initiative, we develop plans to identify and mitigate the environmental impact generated within and outside our operations. Furthermore, we align our environmental performance in respective business areas with KPIs (Key Performance Indicators) to elevate the execution of environmental management on the part of our employees. We also achieved the environmental management system certification (ISO 14001) to practice systematic environmental management.

SK D&D aims to expedite the transition to cleaner energy and contribute to mitigating GHG emissions through the expansion of eco-friendly energy generation. In line with the accelerating energy transition, market restructuring towards clean energy, and the mounting importance of supply chain issues and energy security in the nation’s journey to achieve carbon neutrality by 2050, we will expand our business operations from conventional development and management to power generation scale.

SK D&D is building an environmental management organization at all levels. The ESG Part, as a dedicated department for environmental management, is responsible for developing a company-wide environmental roadmap and managing environmental performance in collaboration with working-level departments, and for conducting environmental operations through implementing environmental improvement tasks at working-level departments. Improvement tasks collected at the Environmental Strategy Committee are discussed to supplement our approach to environmental management, and major issues are reported to the Sustainability Management Committee as a higher-level organization to effectively advance environmental management.

SK D&D manages ESG-related items as part of the KPIs of top management to embed ESG management into its business operations. These ESG-related items include green certifications awarded for development properties and the expansion of renewable energy generation to effectively execute implementation tasks.

As a way to elevate our environmental management execution, we provide regular environmental training to all our employees. Leveraging the mySUNI training platform, we operate environmental training programs that touch on the topics of Net Zero, hydrogen, circular economy, and renewable energy generation.

We have established the New / Renewable Energy Research Institute under the Energy Solutions Division and assigned R&D professionals to the institute. Researchers engage in sustained R&D on the selection of prime locations in relation to the solar power and wind power farms that we either own or develop and on the ways to improve the value of our ESS business.