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Our ESG Approach

Materiality Assessments

SK D&D evaluates the impacts of its corporate activities on the environment, society, and business/economy across its overall value chain. In particular, in 2022, we conducted Double Materiality Assessment, a new materiality issue derivation method, along with the materiality guidelines of Global Reporting Initiative (GRI) Standards. Double materiality is a topic derivation process considering not only the environmental and social impacts of corporate business activities, but the potential impact on corporate value and financial areas from an external perspective. We plan to clearly identify interests and requirements of stakeholders and actively reflect them in the establishment of ESG strategies by applying social, environmental and financial analysis to derivation of material issues.

Materiality Assessment

ESG Topic Pool

ESG Material Topics

Five material topics have been identified through evaluations. According to double materiality assessment in 2022, ‘climate change·energy’, ‘safety and health management’, ‘risk management’, ‘eco-friendly space’, and ‘talent management’ have been selected as SK D&D’s material topics. ‘Eco-friendly space’ is a newly decided material issue, and ‘supply chain’ became less prioritized, and was excluded from material topics.

List of Material Topics

List of Material TopicsSK D&D's major issues include climate change and energy, safety and health management, risk management, eco-friendly space, and human resource management.
ESG issueIssue details
Climate change ·energyGreenhouse gas emission management, energy efficiency management, and renewable energy consumption to respond to climate.
Safety and health managementPreventive safety management, physical and mental health management, and creation of a safe working environment for all workers, including employees of business partners.
Risk managementViability/investment plan management of real estate projects, procedural risk management such as licensing, and response to policy and economic changes.
Eco-friendly spaceIncrease in demand for eco-friendly buildings, expansion of green building certification.
Talent managementEmployees’ immersion in work, member training and competency development, prevention of talent leakage.