Biodiversity Management System
SK Innovation aims to achieve a Net Positive Impact on nature through biodiversity conservation.
Using the TNFD1) -based LEAP2) methodology, we assess environmental impacts at each business site and establish response strategies.
1) TNFD: Taskforce on Nature-related Financial Disclosures
2) LEAP: Locate, Evaluate, Assess, Prepare – an approach for identifying nature interfaces, dependencies, impacts, risks, and opportunities, followed by mitigation and disclosure
1) DIRO(Dependency, Impact, Risk, Opportunity): Evaluate dependencies, impacts, risks, and opportunities to assess biodiversity factors
2) AR3T(Avoid-Reduce-Restore/Regenerate-Transform): Strategies to minimize environmental impact, restore ecosystems, and achieve sustainable change