SK Hynix Builds ESG Data Disclosure System 'SRS'

Disclosure of Approximately 500 ESG Data Accumulated Over More Than 4 Years

Example of an SRS screen to check related data according to PRISM / Source=SK Hynix Newsroom

[Asia Economy Reporter Kim Pyeonghwa] SK Hynix is focusing on systematic management and transparent visualization of related data to advance its Environmental, Social, and Governance (ESG) management. To this end, it has introduced the ESG integrated disclosure system called SRS (Sustainability Reporting System).

SK Hynix announced on the 26th that it has established the sustainability reporting system ‘SRS’ that comprehensively discloses ESG-related data to strengthen communication with various stakeholders including global customers, investors, employees, and the general public.

SRS is a system that integrates disclosures of SK Hynix’s ESG strategies, goals, activities, performance, and policies. It allows easy access to about 500 types of data accumulated over more than four years related to SK Hynix’s ESG management. The information is organized clearly according to SK Hynix’s ESG strategy framework, PRISM.

SK Hynix stated that it built SRS to reflect the voices of external stakeholders demanding accurate and reliable data, enabling quick data retrieval. It also explained that systematic data construction can aid internal ESG-related decision-making.

SK Hynix TL Kwak Eunhye said, "Until now, ESG-related activity performance could only be checked in the sustainability management report published once a year. From now on, it will be accessible directly on the webpage, which we believe will convey both trust and sincerity to stakeholders." She added, "We also expect to respond effectively when ESG disclosure becomes mandatory in 2025."

As demands for highly consistent ESG-related data increase, SK Hynix plans to continuously advance SRS. It will present SRS as an ESG platform with various added functions aligned with the 2025 and 2030 goals.

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