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External initiative response/participation

External initiative response/participation


SASB - Sustainability Accounting Standards Board

SASB - Sustainability Accounting Standards Board

Since the publication of the 2020 Sustainability Report, SK gas has prepared a SASB report and disclosed it in a transparent manner. Before the release, the contents are reported to the BOD. Going forward, we plan to additionally put CDP’s voluntary participation and GHG Net Zero plan into our report.

온실가스배출, 대기질, 물관리, 위험물 관리, 작업장 안전 보건, 제품사양 및 청정연료 혼합의 2018~2020년의 SASB코드, 세부지표, 단위
Category SASB code Detailed indicators Unit 2018 2019 2020 Note
Sustainability Disclosure Topics & Accounting Metrics
GHG emission EM-RM110a.1 Scope 1 Emission Metric tons (t) CO2eq 23,506 26,331 23,992
Emission allowance within restriction regulation % N/A N/A 71 This applies only to the Ulsan plant and has been assigned a target from 2020.
EM-RM110a.2 Short- and long-term strategies and plans for Scope 1 emissions, emission reduction targets and performance analysis and management - SK gas is working on estimating expected greenhouse gas emissions in collaboration with the Korea Energy Management Corporation. Furthermore, in consideration of the greenhouse gas reduction target established through consultation with government agencies, the emission reduction rate is set at 8.06% and the emission allowance is set at 24,824 tCO2eq. In the longer term, we are building a phased scenario based on the 2050 Carbon Net Zero goal and taking a strategy accordingly. Scenario 1 is about improving existing facilities to reduce greenhouse gas emissions. The second stage contains the expansion of self-generation facilities, and the third stage contains a plan to achieve Carbon Net Zero by offsetting carbon emissions through conversion to new and renewable energy and introduction of new technologies.
Air quality EM-RM120a.1 Air pollutant emissions NOx emission (Exclude N₂O) Metric tons (t) 18.14 18.14 18.37
SOx emission Metric tons (t) 0.08 0.08 0.08
Fine dust(PM10) emission Metric tons (t) 0.55 0.55 0.55
Hydrogen sulfide(H₂S) emission Metric tons (t) 0 0 0
Volatile organic compounds water (VOCs) emission Metric tons (t) 0 0 0
M-RM120a.2 Number of refiners in and around the region Unit(s) 2 2 2 Number of refiners in Ulsan plant
Water management EM-RM140a.1 Water recycling rate 40,223 36,469 34,769
물 재활용률 % 6.0 4.3 4.5
Water stress index ‘high’ or water use in ‘very high’ areas % N/A N/A N/A Our daily usage is minimal, not subject to classification under the Water Environment Conservation Act.
EM-RM140a.2 Number of non-compliance with water quality permits, standards, and regulations Case(s) 0 0 0
Dangerous material management EM-RM150a.1 Hazardous waste volume Volume Metric tons (t) 2.5 5.5 18.9
Recycling rate % 12.8 62.4 95.4
EM-RM150a.2 Number of underground storage tanks (USTs) Number 0 0 0 We do not have any underground oil tanks in accordance with the law regarding the control of hazardous substances.
number of UST releases requiring cleanup Number 0 0 0 Not applicable to SK gas
Percentage in states with UST financial assurance funds % 0 0 0 Not applicable to SK gas
Workforce Health & Safety EM-RM320a.1 Total Recordable Incident Rate (TRIR) full-time employees Rate 0 0 0.21 Based on 200,000 hrs
contract employees Rate 0 0 0
Fatality full-time employees Rate 0 0 0
contract employees Rate 0 0 0
NMFR full-time employees Rate 0 0 0
contract employees Rate 0 0 0
EM-RM320a.2 Discussion of management systems used to integrate a culture of safety As our major businesses handle high-pressure and high-temperature facilities and chemicals, we recognized the need to preemptive response for workplace operational and safety risks. We fortified SHE governance by forming a company-wide SHE committee and a general organization in charge while selecting an occupational safety and health manager for each business site. On top of that, a SHE management system based on the company-wide SHE (Safety, Health, Environment) principle was introduced, and SHE Master Plan has been established so that we embrace all of our business sites and partner companies composing the value chain into the scope of management to prevent and solve common safety problems. We plan to advance the SHE management system by implementing ‘SHE Master Plan Phase I’ from 2016 to 2019 and Phase II from 2020 to 2023
Product Specifications & Clean Fuel Blends EM-RM410a.1 Percentage of Renewable Volume Obligation (RVO) met through Production of renewable fuels % N/A N/A N/A Not applicable to SK gas
Purchase of separated renewable identification numbers (RIN) % N/A N/A N/A Not applicable to SK gas
EM-RM410a.2 Market for advanced biofuels and associated infrastructure Total addressable market KRW N/A N/A N/A Not applicable to SK gas
Total addressable share % N/A N/A N/A Not applicable to SK gas
Pricing Integrity& Transparency EM-RM520a.1 Total amount of monetary losses as a result of legal proceedings associated with price fixing or price manipulation KRW 0 0 0
Management of the Legal & Regulatory Environment EM-RM530a.1 Discussion of corporate positions related to government regulations and/or policy proposals that address environmental and social factors affecting the industry SK gas holds monthly meetings for ‘integrated risk management committee’, a companywide risk management organization. In order to cope with the fast changes in laws and policies, the committee assumes the leading role in identifying external environment in which legal regulations such as the Occupational Safety and Health Act and the Act on Registration, Evaluation, etc. of Chemicals become more stringent along with the internal business environment. The legal compliance risks discovered through this are shared with the management and relevant departments to be incorporated into the discussion topic at the corporate level. As a result of evaluating legal violations and related risks through the discussions on the company position and seeking for countermeasures, the number of law violations made by SK gas was zero.
Critical Incident Risk Management EM-RM540a.1 Process Safety Event (PSE) rates Greater consequence (Tier 1) Ratio 0 0 0
Lesser consequence (Tier 2) Ratio 0 0 0.22
EM-RM540a.2 Challenges to Safety Systems indicator rate (Tier 3) Ratio 0 0 0
EM-RM540a.3 Discussion of measurement of Operating Discipline and Management System Performance through Tier 4 Indicators SK gas operates the Integrated SHE Management System (ISMS) to share SHE status and key SHE information with our company and suppliers. Safety and SHE-related information, including SHE performance (PSI/accident index), SHE accidents, and SHE audits, are shared through Safety Talk (once a week) and SHE Bulletin (once a quarter). In addition, we regularly inspect the level of compliance with safety rules at facilities and workplaces (once a year) and inspect the safety management system. The inspection is conducted targeting documents and on-sites, and documented data is reviewed to check the compliance with laws and regulations related to gas, fire, and hazardous materials. At the same time, we provide education on the harms and dangers of substances handled and the safety prevention of chemical substances to employees of our company and our suppliers as we deal with chemical substances due to the nature of the industry
Activity Metrics
Refining throughput of crude oil and other feedstocks EMRM-000.A Refining throughput of crude oil and other feedstocks Barrels of oil equivalent (BOE) N/A N/A N/A
Refining operating capacity EMRM-000.B Refining operating capacity Million barrels per calendar day (MBPD) N/A N/A N/A