social value
SK Innovation joins SK Relay Blood Donation Campaign on World Blood Donor Day
2022.06.14
▲ SK Innovation members participate in SK Relay Blood Donor Campaign held on June 14 at SK Seorin Building, Seoul, South Korea.   Since December 2021, SK Group has started its own blood donation campaign ‘Life Sharing, Warm Contact’, starting with SK Group CEO Choi Tae-won’s voluntary participation. Later on, this campaign has expanded to ...
SK Innovation achieves the highest measured social value in 3 years for 2021
2022.05.26
■ 2021 social value performance records a total of KRW 928.1 billion, a drastic improvement of KRW 1.1473 trillion compared to 2020 – Changed existing classification system in line with ESG → Indirect Economic Contribution Performance/Environmental Performance/Social Performance/Governance ■ Pushing for structural change to achieve Net Zero through eco-friendly biz model innovation linked to the ...
Morethan achieves B-Corp Certification with high score, proving its genuine ESG commitment
2022.03.03
▲Morethan has received B-Corp Certification with its fashion brand Continew in February 2022   ‘Morethan’, a Korean social enterprise supported by SK Innovation, has recently become a Certified B Corporation (or B-Corp).   Morethan makes and sells fashion items such as leather bags and wallets by up-cycling natural leather seats, seat belts, and airbag fibers ...
[ESG Partner] Montsenu, a fashion brand dreaming of a new world with sustainable technologies and design
2022.01.21
An interview with Park Jun-beom (Julian Park), CEO of Montsenu, the First Prize Winner of Environmental Social Enterprise Start-Up Ideas Contest held by SK Innovation in 2019 Montsenu’s homepage: https://montsenu.com/     Q1. ‘Montsenu’ sounds like a French brand, what does it mean? We’re curious about how “Montsenu’ was founded.   ‘Montsenu’ may sound like ...
SK Innovation members in Korea participate in the “SK Relay Blood Donation Campaign”
2022.01.18
▲ A member of the SK Innovation Ulsan Complex takes part in the “SK Relay Blood Donation Campaign” on January 13, 2022.   Due to the prolonged Covid-19 and social distancing, the amount of blood donation in South Korea is dramatically diminished. If the current situation persists, it will result in a severe blood shortage, ...
SK Incheon Petrochem awarded at the 10th Donation for Education Awards of Korea
2021.12.30
On December 30, SK Incheon Petrochem, a subsidiary of SK Innovation, announced that it was awarded the prize for institution/organization of the 10th Donation for Education Awards of Korea, hosted by the Korea’s Ministry of Education and sponsored by the Korea Foundation for the Advancement of Science and Creativity.   Since the beginning of the ...
SK Innovation’s 2021 “1% Happiness Sharing Fund” Review
2021.12.17
  “1% Happiness Sharing Fund” is a program in which SK Innovation members voluntarily contribute 1% of their base compensation to support multiple social contribution programs. The aggregate amount of “1% Happiness Sharing Fund”, which started in 2017, has surpassed KRW 11.7 billion, despite the challenges of COVID-19 pandemic in the last two years.   ...
SK Battery America delivered 4,000 masks to local medical centers and hospitals in Georgia to fight against the pandemic
2021.09.03
▲ SK Battery America’s representatives deliver the masks at Habersham Medical Center on August 24th (Georgia local time). Bo Hatchett, a Senator of Georgia State (fourth from left) and Tyler Williams, CEO of Habersham Medical Center (fifth from left) attend the event.   The new wave of COVID-19 is endangering the whole world, and the ...
Social venture INGINE sealed the first overseas contract on wave energy in Yuquot, Canada
2021.08.02
  ■ A part of Yuquot Project supported by the Ministry of Natural Resources of the Canadian Federal Government, aiming to change energy source from fossil fuels to wave energy in regions without sufficient power grid – Perform basic design work before introducing wave power plants in the first half of 2022; start building wave power ...
SK Innovation enters its fourth consecutive year of Mangrove Reforestation Project in Vietnam
2021.06.24
  As SK Innovation is accelerating its ESG management in and outside Korea, the company has started the 2021 Mangrove Reforestation Project in Tra Vinh, Vietnam.   This is the fourth year since SK Innovation launched this meaningful program in 2018. Up until the end of last year, about 340 thousands new mangrove trees has ...
Social enterprise Morethan opens eco-friendly fashion factory
2021.06.08
  Morethan, a social enterprise supported by SK Innovation, has opened an ecological factory to celebrate World Environment Day on the 5th.   Being famous for its upcycling brand Continew, Morethan uses discarded car seat leather, airbags, safety belts, etc. to recycle and re-design them into new fashion products including bags, wallets, shoes, and accessories. ...
SK Innovation’s 2020 Social Value Measurement Results: Accelerating ESG-focused deep change to improve performance
2021.06.03
■ Total social value records KRW -219.2 billion, down KRW 390.8 billion compared to 2019 – Dividends and taxes due to low performances during the COVID-19 pandemic are main causes for the decline in indirect economic contributions ■ To improve Business Social Performance by expanding of eco-friendly products and services, reducing environmental pollution emissions   On the 3rd, ...