SK Innovation has announced that it was listed in the “DJSI World Company” for the 4th consecutive year. DJSI (Dow Jones Sustainability Indices) have been the world’s most well recognized ESG (Environment, Society, and Governance) evaluation. As the main global index of the DJSI family, The DJSI World (Dow Jones Sustainability™ World Index) represents the top 10% of the largest 2500 companies in the S&P Global Broad Market Index based on long-term economic and ESG factors.
This year 2,540 companies worldwide (based on the market capitalization of current assets) were included in the DSJI, and 17 companies in Korea were selected in the DJSI World. In the “Oil and Gas” sector, SK Innovation was listed in the DJSI World, DJSI Asia Pacific(1), and DJSI Korea(2) for the 4th consecutive year.
(1) DJSI Asia Pacific: represents the top 20% of the 600 largest companies in the Asia-Pacific developed region
(2) DJSI Korea: represents the top 30% of the 200 largest South Korean companies
SK Innovation’s active ESG management was recognized abroad and at home. Recently, the company has also received a comprehensive A grade in the 2020 ESG evaluation conducted by the Korea Corporate Governance Service (KCGS). In particular, SK Innovation ranked 1st place among 740 domestic listed companies in the social sector.
As corporate ESG management has been emerging as a global hot topic due to recent climate change and waste plastic issues, SK Innovation is actively pursuing ESG management based on its vision of Green Balance 2030. Green Balance 2030 is SK Innovation’s strategy to strike a balance between the negative and the positive impacts of its business activities on the environment by 2030, that is, to reduce the bad and create more good ones.
▲ SK Innovation’s Green Balance strategy
At the SK Group Seminar held last month, Kim Jun, President & CEO of SK Innovation, said: “From now on, our company’s management activities are going to be ESG-oriented, and we will make efforts to effectively reflect ESG in the decision-making process.” “We will also disclose the result of our ESG performance transparently in accordance with global standards, and actively participate in major initiatives such as CDP (Carbon Disclosure Project)”.