Kim Jun, Vice Chairman of SK Innovation, "Let's Make This Year a New Beginning for Tangible Achievements"

Kim Jun, Vice Chairman of SK Innovation

[Asia Economy Reporter Kim Hyewon] Kim Jun, Vice Chairman of SK Innovation, emphasized in his 2022 New Year's message the importance of creating a new year that enhances corporate value through sincere eco-friendly business strategies and generates tangible results.

SK Innovation announced on the 3rd that Vice Chairman Kim delivered the New Year's message via email to all members of the SK Innovation group in celebration of the company's 60th anniversary in 2022. This was his first message following his promotion to vice chairman in the year-end personnel announcement.

In his New Year's message, Vice Chairman Kim expressed gratitude and encouragement to all members who did their best in their respective positions, stating, "Despite the unfavorable business environment with the global pandemic continuing into its second year, all members united to improve the financial structure and achieve meaningful results."

He continued, "Although SK Innovation has achieved several visible accomplishments, concerns and challenges regarding sustainable growth remain," and urged, "Let us achieve carbon neutrality through Carbon to Green innovation and steadily increase corporate value."

To this end, Vice Chairman Kim presented three key focus areas: ▲ generating concrete results to secure recognition and trust from stakeholders ▲ practicing ESG (Environmental, Social, and Governance) management ▲ establishing a ‘separately yet together’ system between SK Innovation and its business subsidiaries.

He emphasized, "For SK Innovation to be recognized by stakeholders as a truly eco-friendly energy and materials company and to be highly valued, we must deliver results by executing our financial story." He added, "Let us create concrete outcomes through improving profitability in the battery business, achieving revolutionary cost reductions in the materials business, and commencing commercial-scale operations of the Battery Material Recycling (BMR) business."

Regarding ESG management, Vice Chairman Kim stated, "As SK Innovation's business globalizes and expands, the number of stakeholders surrounding us will significantly increase," and said, "To grow corporate value based on continuous trust and support from stakeholders, we must practice ESG-centered management focusing on eco-friendly innovation, carbon neutrality, and prioritizing safety, health, and environment."

He noted, "This year marks the first year that the eight business subsidiaries under SK Innovation will begin full-fledged independent management based on their unique financial stories," and urged, "Each company should improve its decision-making systems and management infrastructure to upgrade independent management." He also said, "From the perspective of ‘separately yet together,’ let us continuously create synergy through cooperation such as sharing capabilities and infrastructure among business subsidiaries, thereby enhancing the overall corporate value of SK Innovation."

Vice Chairman Kim concluded his New Year's message by saying, "We stand at the starting line facing a new 60 years and beyond. In the new year, let us once again step onto the platform for a leap forward with a renewed spirit."

This content was produced with the assistance of AI translation services.