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SK Innovation

SK Innovation is a publicly listed company headquartered in Republic of Korea. In 2021 its revenue was USD 60.96 billion. SK Innovation is an oil exploration and refining, lubricants, chemical and battery business.
Ranking position
#9 /99
Total score
32.6 /100

15.6 /60
Core social indicators
9.5 /20
Just transition
7.5 /20

ACT score components

Performance score
4.9 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-99)


#1 71.7 /100 #6

Material investment

#1 4.7 /100 #58

Intangible investment

#1 20.2 /100 #5

Sold products

#1 4.3 /100 #32


#1 50.0 /100 #28

Supplier engagement

#1 23.8 /100 #23

Client engagement

#1 7.5 /100 #26

Policy engagement

#1 18.0 /100 #55

Business model

#1 26.3 /100 #11
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


SK Innovation Co Ltd receives a trend score of =. If the company were reassessed in the near future, its score would likely remain the same. SK Innovation has created a detailed transition plan and has established a significant battery segment which could allow the company to transition away from its oil and gas activities. However, the company has no plans to transition its business model away from its carbon-intensive activities and its transition plan is not aligned with a 1.5°C scenario.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2021

More about the company

Seoul, Republic of Korea
Publicly listed
USD 40.9 billion

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000