Move to menuMove to category menuMove to main contents
Our ESG Approach

ESG Strategy

Company Overview

Organization Information

Organization InformationIt displays basic information such as SK D&D's organization name, main purpose business, headquarters location, and business area.
CategoryLanguageContent
Company NameKorean에스케이디앤디주식회사
EnglishSK D&D Co., Ltd
Core BusinessSince its foundation in 2004, SK D&D has grown to become the only comprehensive space developer in Korea that operates across the entire real estate value chain, from development to asset management and operation. SK D&D develops and operates user-centered spaces through IT-based solutions and platforms, and has a diverse portfolio of work spaces such as offices, knowledge industry centers, and logistics centers, as well as residential spaces focused on rental housing.
Headquarters332 (Sampyeong-dong), Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Republic of Korea
Business RegionSouth Korea

ESG Management System

SKMS (SK Management System)

The SK Management System (SKMS), the management philosophy of the SK Group, was first established in 1979. Since then, it has served as a foundation for unifying the efforts of all SK members and enhancing management standards, based on a common understanding of the essence of corporate management. SK D&D aims to pursue the happiness of all stakeholders surrounding the company, in line with SK's management goal of 'sustainable happiness for members'. SK D&D strives to achieve harmony and balance in the happiness of both internal and external stakeholders and will continue to create both social and economic value for all stakeholders in the long term, thereby developing and strengthening trust relationships with them.

Relationships and Roles between SK and Stakeholders

SK DBL

SK DBL (Double Bottom Line) represents the starting point of business model innovation and enhancement of corporate value, embodying SK's strategic management approach to growing alongside society. It signifies the pursuit of both Economic Value (EV) and Social Value (SV) throughout its business operations. Through initiatives in business, social contribution, and economic indirect contributions, SK DBL aims to create social value, thereby maximizing happiness among all society members based on stakeholder trust.

DBL(Double Bottom Line)

Social Value Creation

In 2023, SK D&D measured the economic and social values provided by the lifestyle offered through its co-living brand, Episode, targeting customers (residents) who ultimately consume its final value. To understand the needs of customers related to residential living from move-in to move-out, we conducted Focus Group Interviews (FGI), In-Depth Interviews (IDI), and surveys with 930 residents (52% of all households as of 2023). Based on their responses, we identified 33 representative needs across five areas― space, residential environment, additional services, operations management, and self-realization and interaction― and quantified the value we provided.

Focusing on optimizing services from a user perspective through Episode operations, we confirmed the creation of 26.8 billion KRW in economic and social value in 2023. Looking forward, our goals include developing new products, fostering mutual growth with local communities, and extending operational services through Episode to enhance resident satisfaction and further expand Economic Value (EV) and Social Value (SV) creation.

SK D&D ESG Strategy

SK D&D strives to pursue SK Group's management philosophy and DBL management strategy, while also establishing ESG management goals aimed at the happiness of stakeholders and promoting sustainable management. Based on six key strategies, we have set 12 improvement tasks and are actively implementing them to engage in addressing global challenges that require international cooperation and further contribute to the United Nations Sustainable Development Goals (UN SDGs).

ESG Management Implementation System

ESG Governance

SK D&D has established and operates an ESG Committee under its board of directors. The ESG Committee regularly reviews and oversees plans, activities, and progress in key ESG management issues such as climate change, carbon neutrality, human rights, supply chain, community engagement, and information protection. In addition, the committee identifies and reviews on potential ESG risks and opportunities in business operations, following reporting and approval procedures for material issues, to strengthen ESG risk management at the board level.

Furthermore, the ESG Associate Director and the ESG Part, empowered by the board with responsibility and authority for ESG management, measure, review, and identify initiatives to improve overall ESG performance. They conduct double materiality assessments to support board-level reviews and decisions on material topics, reporting ESG materiality to the ESG Committee. Moreover, the Space Strategy Committee under the CEO applies the ESG risk review process during major business and investment activities to advance risk management and supports the SHE management activities led by the Chief Safety Officer (CSO) to enhance ESG standards in business operations.