SK's social value creation hits W32.2tr, double 2018 level

SK Group said Friday it created 32.2 trillion won ($21 billion) in social value last year, a figure that has roughly doubled since 2018 when the company first began measuring its social impact in monetary terms.

Quantifying social impact in monetary terms lets SK track contributions that companies typically report only in qualitative terms.

SK has done so annually for eight years under what it calls "double bottom line" management, an approach that treats economic value and social value as paral ...