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
| ESG issue | Issue details |
|---|---|
| Climate change ·energy | Greenhouse gas emission management, energy efficiency management, and renewable energy consumption to respond to climate. |
| Safety and health management | Preventive safety management, physical and mental health management, and creation of a safe working environment for all workers, including employees of business partners. |
| Risk management | Viability/investment plan management of real estate projects, procedural risk management such as licensing, and response to policy and economic changes. |
| Eco-friendly space | Increase in demand for eco-friendly buildings, expansion of green building certification. |
| Talent management | Employees’ immersion in work, member training and competency development, prevention of talent leakage. |