SK D&D published the ‘Climate Change-Related Financial Information Disclosure Council Report (hereinafter referred to as the TCFD Report)’ containing climate change response strategies.
The ‘Task Force on Climate-related Financial Disclosure (TCFD)’ was established in 2015 by the Bank for International Settlements (BIS) at the request of the G20 to voluntarily and consistently disclose climate-related information. ) is an international consultative body established by the Financial Stability Board (FSB). TCFD recommends that the financial impact of climate change on companies be disclosed in a quantifiable report. Currently, over 4,000 organizations and companies from over 100 countries around the world are participating in TCFD.
Through the publication of a sustainability management report last July, SK D&D established three major ESG management goals: ▲Creating sustainable space and energy ▲Pursuing happiness of stakeholders ▲Creating a fair and transparent ecosystem, and calculated and disclosed major performance in each area. did. We established a Sustainability Management Committee early last year and are strengthening ESG management, and as a result, we received an ‘A’ for two consecutive years in the ‘2022 KCGS ESG Evaluation’ conducted by the Korea Corporate Governance Service (KCGS).
SK D&D published its first ‘TCFD Report’ to systematically manage financial information related to climate change in the real estate and eco-friendly energy sectors and disclose it transparently to stakeholders.
SK D&D’s ESG management goal to respond to climate change is ‘creating sustainable space and energy.’ Through this report, SK D&D presents climate change response strategies and plans for the four major areas recommended by TCFD: ▲Governance ▲Risk Management ▲Strategy ▲Metrics & Targets. Contained in detail.
According to the report, SK D&D established a board-centered governance structure to respond to climate change, including establishing an ESG committee under the board of directors and forming a sustainability management committee. In terms of risk management, risks and opportunity factors in the real estate and energy sectors were derived through a materiality assessment, and a strategy to achieve net zero greenhouse gas emissions was specified.
In addition, the goal was to achieve RE100 by converting 100% to renewable energy electricity, converting the proportion of eco-friendly electric vehicles to 100%, and ultimately achieving Net Zero greenhouse gas emissions in the real estate and energy business by 2030. . In addition, we plan to achieve zero carbon in the value chain by 2050 by expanding the development of eco-friendly buildings, increasing the proportion of investment in hydrogen fuel cells, and implementing a supply chain carbon reduction program.
Kim Do-hyeon, CEO of SK D&D, said, “This report is significant in that it presents SK D&D’s management goals and vision for global-level climate change response strategies and ESG management,” adding, “We will actively pursue climate change response-focused strategies.” “We will fulfill our social responsibilities and obligations to achieve Net Zero.”
Meanwhile, SK D&D’s TCFD report was published in the form of a digital report, and the full text can be found on the SK D&D ESG website.
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