Business Insight
SK Innovation’s ESG management ⑤ The development of battery recycling technology
2021.01.18
  In the last two articles of this series, we were able to find out how SK Innovation is integrating ESG management into its businesses through the examples of waste plastics reborn as new materials and Ulsan Complex reborn as an eco-friendly plant. Today, let’s take a look at SK Innovation’s electric vehicle (EV) battery ...
All-digital CES 2021 unveiled technology innovations for a sustainable future
2021.01.14
  “CES looks different this year, but the foundation of the show – innovation, connection, collaboration – remains strong and consistent.” (Gary Shapiro, President & CEO of CTA)   As exhibition is one of the areas that are most affected by the COVID-19 Pandemic, CES, the world’s largest consumer electronics and technology showcase, is no ...
SK Innovation creates trickle-down effect in Georgia through its EV battery plants
2021.01.14
  SK Innovation’s large-scale investment in EV battery manufacturing plants in Georgia, USA, has created a trickle-down effect in downstream industries.   | SK Innovation’s Georgia EV plants will reach annual capacity of 21.5GWh by 2023   It was revealed that SK Innovation is going to start the pilot production of the first battery plant ...
Norway is the first country in the world that EVs recorded 50% market share in 2020
2021.01.13
  As nations are making more effort to bring environmentally positive changes, the focus of the global automobile industry is shifting rapidly to EVs. This could be observed in the case of Norway, one of the world’s largest oil exporter. Recently, it has been reported that more than 50% of new car sales in Norway ...
SK Innovation’s ESG management ④ SK Innovation Ulsan Complex reborn as an eco-friendly petrochemical plant
2020.12.11
  Following our 3rd episode of how SK Innovation is practicing ESG management, this time we visited SK Innovation Ulsan Complex (“Ulsan CLX”), the major production base in Korea of SK Innovation. Let’s find out how Ulsan CLX can obtain a 300 billion KRW operating profit but also reduce environmental pollution through ESG management.   ...
SK Innovation’s ESG management ③ Plastic waste reborn as chemical products
2020.12.03
  Through the previous posts of “SK Innovation’s ESG management” series, we have introduced why it is important for us to understand and integrate ESG management in our performance. This time, let us get to know how SK Innovation and its subsidiaries have been preparing for ESG management up to date.   01 | Global ...
SK Innovation’s ESG management ② “The answer is Green Balance 2030”
2020.11.27
  01 | ExxonMobil, trapped in “oil addiction” versus BP, announced strategy for zero carbon commitment   On October 28th (local time), the Financial Times published an article titled “Why ExxonMobil is sticking with oil as rivals look to a greener future.” The article quoted Amy Myers Jaffe, professor at The Fletcher School at Tufts University ...
SK Innovation’s ESG management ① The paradigm shift of global market – Why ESG?
2020.11.16
  It has been nearly a year since COVID-19 hit us, and the world is still struggling to battle with the pandemic. We had faced multiple financial crises and other widespread deadly diseases, but our life has never been changed so much and so fast like this year. While COVID-19 stays as the hottest topic, ...
The 40 years of SK Innovation’s battery development history ③ Recent stage (2006 – 2016)
2020.10.25
  In the last few weeks, SKinno News has published the first two episodes about the early stage (1982 – 1993) and middle stage (1996 – 2005) of SK Innovation’s battery development history. 38 years ago, the history of SK Innovation’s battery business started with Yukong’s(1) decision to choose “Energy accumulating battery system” as its ...
The 40 years of SK Innovation's battery development history ② Middle stage (1996 – 2005)
2020.10.15
  Last month, SKinno News published the first episode about the “Early stage (1982 – 1993)” of SK Innovation’s electric vehicle (EV) battery, which began 38 years ago. SK Innovation has built up a solid history of batteries starting with the selection of “Energy accumulating battery system” as its future business to achieve Yukong’s(1) vision ...
[Card News] Petrochemicals hidden under the road
2020.10.05
  Have you ever driven on a road only made from rocks and soil, or mud, and wish that every road is as good as a highway? Do you feel the soft road beneath your footsteps when you go jogging around the park near your house? The advancement of the petrochemical industry nowadays has made ...
The 40 years of SK Innovation's battery development history ① Early stage (1982 – 1993)
2020.09.17
  | SK Innovation started its EV battery business 38 years ago   Electric vehicle (EV) battery industry is emerging as the next leading business of Korea after the semiconductors business. Much like Korea’s other major industries such as electronics, vehicles, semiconductors and petrochemicals which achieved success after long preparation, the EV battery industry did ...