🌱 SK hynix's ESG and People Strategy in 2024
“Is SK hynix an eco-friendly company?”
“How does it treat its employees?”
“Is it a good company beyond profits?”
This article answers these questions with easy-to-understand details.
✅ What is ESG?
ESG stands for Environmental, Social, and Governance.
It's a global standard for companies that care about the planet, people, and responsible business practices.
🌍 Environment (E)
1. Carbon Reduction and Climate Action
- Targeting Net Zero emissions by 2050
- Expanded use of renewable energy across production lines
- Adopted eco-friendly equipment in manufacturing
2. Green Product Development
- Developed low-power memory chips
- Used recyclable packaging and reduced material waste
3. Water and Waste Management
- Implemented water recycling systems in fabs
- Minimized environmental impact through smart waste treatment
🧑🤝🧑 Social (S)
1. Employee Welfare and Inclusion
- Supports flexible work hours, remote work, and paid leave
- Promotes diversity and inclusion: women, disabled, and global talent
2. Education and Growth Opportunities
- Offers onboarding, job training, AI and data courses
- Encourages lifelong learning and internal mobility
3. Community Contributions
- Provides IT education programs for underserved children
- Scholarship and school partnerships with local education institutions
- Regular donations and disaster relief
📊 Governance (G)
1. Transparent Corporate Governance
- Board-led decision-making with strong internal controls
- Increased number of outside directors and audit committees
2. Ethical Management
- Mandatory ethics training for all employees
- Whistleblower hotline and compliance system in place
- Fair trade and human rights principles applied with partners
👥 SK hynix Workforce Highlights (2024)
| Category | Details |
|---|---|
| Total Employees | Approx. 34,000 (Korea + overseas) |
| Women Ratio | Over 20% |
| Avg. Years of Service | 10+ years |
| R&D Personnel | About 30% of total workforce |
| Disabled Employment | Above legal quota |
| Global Talent | Actively recruiting internationally |
📈 Why Non-Financial Info Matters
Today, it’s not just about how much money a company makes—but how it makes that money.
ESG, human rights, diversity, and social responsibility are now core factors of corporate value.
🧠 Conclusion｜A Good Company is People + Purpose
In 2024, SK hynix continued to build a future-focused organization through its ESG actions.
- 🌿 Thinks about the environment
- 🤝 Respects and supports people
- 🏛️ Operates with transparency and ethics
More than just profit, SK hynix aims to be a company that grows together with society and contributes to a better world.
❓ Frequently Asked Questions (FAQ)
Q1. Why is ESG important?
It builds long-term trust with investors, customers, and employees. ESG is now a key evaluation metric globally.
Q2. What is SK hynix doing for the environment?
They're using renewable energy, recycling water, reducing waste, and developing low-power chips.
Q3. How does SK hynix support its employees?
Flexible hours, training, family support, and a strong inclusion policy are part of the benefits.
Q4. What kinds of social contributions does it make?
IT education for children, scholarships, community development, and disaster relief aid are part of its CSR work.
