SK hynix Sets Ambitious Goals for Recycled Materials Use

SEOUL, South Korea - SK hynix Inc., recognized as the world's second-largest memory chip manufacturer, has announced a comprehensive plan to significantly increase its use of recycled materials in production. The company has committed to incorporating 25 percent recycled materials by 2025, aiming to surpass 30 percent by 2030.

According to Yonhap News Agency, In a statement released on Tuesday, SK hynix outlined its initial strategies to achieve these targets. These include replacing essential metals like copper, tin, and gold with recycled counterparts in semiconductor manufacturing. Furthermore, the firm intends to switch from traditional plastic packaging to recycled plastic options for its finished products. To ensure the success of these initiatives, SK hynix will enhance the certification processes and quality assessments for recycled materials, both procured directly and through its business partners.

The move aligns with SK hynix's broader environmental goals, emphasizing the importance of establishing a circular economy to achieve carbon neutrality. The company's proactive stance on increasing the utilization of recycled materials is part of a global shift towards sustainable practices. This announcement comes on the heels of SK Group's pledge last year to reduce carbon emissions by 200 million tons by 2030, aligning with the International Energy Agency's global carbon reduction objectives.

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