SK Inno Holds Forum in the US... "Advancing '70% Green Assets' Goal by One Year"

24-25th 'SK Innovation Global Forum'
Over 110 Executives and Global Talents Attend

Kim Jun, Vice Chairman of SK Innovation, and about 30 key executives from its affiliates held a forum in the United States and met with over 80 global talents. They shared the achievements of the 'Carbon to Green' strategy and explored ways to expand the portfolio.

On the 24th (local time), Vice Chairman Kim attended the 'SK Innovation Global Forum' held in San Jose, California, USA, and stated, "Through the execution of the Carbon to Green strategy, we will achieve early the 70% green asset ratio target for 2025 announced at the 2021 Story Day." The green assets held by SK Innovation have expanded from 33% in 2020 to 61% as of 2023. The company plans to increase the green asset ratio to 70% by 2024, one year ahead of the original target. He added, "We will expand the green portfolio including carbon-free and low-carbon energy, resource circulation, and complete All Time Net Zero by 2062."

On the 24th, participants engaged in six thematic discussion sessions at the core of SK Innovation's Carbon to Green strategy: ▲Clean Energy (hydrogen, ammonia, etc.) ▲Resource Circulation ▲Green Transition (SAF, thermal management, etc.) ▲Secondary Batteries ▲Green Materials ▲Geo Tech Net Zero, holding passionate discussions.

Kim Jun, Vice Chairman of SK Innovation, is delivering a greeting at the 'SK Innovation Global Forum' held on the 24th (local time) in San Jose, California, USA.
[Photo by SK Innovation]

To implement the Carbon to Green strategy, SK Innovation is promoting 'Green Anchoring,' centered on battery and separator businesses, and 'Green Transformation,' converting existing carbon-emitting businesses into green businesses. Recently, it has been strongly driving 'New Green Anchoring,' expanding into new areas such as ammonia and waste resource recovery.

Participants in the resource circulation session showed interest in SK Geocentric’s planned plastic recycling complex, the world's first 'Ulsan ARC (Advanced Recycle Cluster).' They also shared the status of global companies' responses to resource circulation and exchanged opinions on building a value chain to expand the application of recycled plastic products.

In the clean energy and green transition sessions, the latest technological trends were shared focusing on New Green Anchoring, including ammonia, waste resource recovery, small modular reactors (SMR), and carbon capture and storage (CCS). On the 25th, key issues and new perspectives raised in the previous day's session discussions were shared, followed by panel discussions composed of representatives from each session.

Vice Chairman Kim said, "Going forward, SK Innovation will grow into a 'Green Energy & Materials Company' and continuously create driving forces that move the world centered on green. Based on the strength of providing carbon-centered energy for the past 60 years, we will present a new paradigm in the future energy market."

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