SK D&D Co., Ltd. and Subsidiaries
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1053.14 tCO2e/year
Scope 1 Emissions:242.65 tCO2e/year
Scope 2 Emissions:810.49 tCO2e/year
Scope 3 Emissions:25,408.55 tCO2e/year
Renewable Energy Share:12%
Total Energy Consumption:21.47 TJ/year
Water Consumption:14,586.1 tons/year
Waste Generated:313.4 tons/year
Carbon Intensity:18.691 tCO2eq./KRW 10 billion
ESG Focus Areas
- Climate change
- Safety and health management
- Risk management
- Eco-friendly space
- Talent management
Environmental Achievements
- Reduced 55,951 tCO2eq. of GHG through eco-friendly energy generation
- Acquired environmental management system (ISO 14001) certification
- Generated 154 GWh of new and renewable energy
- Acquired 3 green building certifications
Social Achievements
- Acquired safety and health management system (ISO 45001) certification
- Launched ‘Saeng-gag Gongjang’, a premium knowledge industry center brand
- Launched ‘Episode’, a single-person rental housing brand
- Held “Better Night” for sustainable lifestyle with Episode residents
- Established Connectfy Cloud joint venture to solve various ESG issues occurring in spaces
Governance Achievements
- Established and operated the ESG Committee under the board of directors
- Established a governance charter
- Introduced the Board Skills Matrix
- Issued green bond in July 2022
Climate Goals & Targets
Long-term Goals:
- Achieve Scope 3 Net Zero by 2050
Medium-term Goals:
- Achieve Scope 1 and 2 Net Zero greenhouse gas emission targets for real estate and energy business in 2030
- Expand renewable energy sources by 3.0GW (2026)
Short-term Goals:
- Achieve RE100 in 2023
Environmental Challenges
- Increased uncertainty such as market conditions and policy changes
- Difficulties in financing caused by economic instability
- Declined property value due to market volatility
- Potential regulatory changes for eco-friendly buildings
- Financial burden of creating eco-friendly space
- Intensifying competition to secure excellent talent
Mitigation Strategies
- Portfolio distribution (rebalancing) to minimize risk at each sector of business
- Operation of ESG risk management system for investment targets
- Establishment of a collaboration system with business partners to expand and strengthen portfolios
- Securing ESG risk review system for human rights and business partners
- Expansion into platform and solution business
- Advancement of ERM system
- Securing the preventative systems for ESG risks in the value chain
- Implementation of talent acquisition and retention plans by People & Culture Part
- Operation of communication channels with employees through the Management Development Committee and other organizations
Supply Chain Management
Supplier Audits: 150 suppliers audited
Responsible Procurement
- Code of Conduct for business partners
- ESG related factors included in business partner selection process
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters
Transition Risks
- Market volatility
- Regulatory changes
Opportunities
- Development of energy-efficient products
- Expansion of eco-friendly energy portfolio
Reporting Standards
Frameworks Used: GRI Standards, UN SDGs, TCFD, SASB
Certifications: ISO 14001, ISO 45001
Third-party Assurance: BSI
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Eco-friendly buildings
- Renewable energy solutions
Awards & Recognition
- Red Dot Award
- German Design Award
- iF Awards
- A’ Design Award
- Coliving Awards
- Serviced Apartment Awards