ESG Performance
Key ESG Performances
S-OIL is committed to creating stakeholder value through sustainable growth, contributing to the happiness of mankind as well as the development of society and economy. To this end, we dedicate not only to promoting bold innovation in entire business areas for enhancing our quality competitiveness and brand value but also to practicing shared growth with business partners and local communities based on the management philosophy centered on co-prosperity, fulfilling our responsibility as a corporate citizen.
Credit Ratings
Credit Ratings : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| Overseas Credit Ratings |
| Moody's |
Baa2 |
Baa2 |
| S&P |
BBB |
BBB |
| Domestic Credit Ratings |
| Korea Ratings |
AA |
AA |
| NICE Investors Service |
AA |
AA |
| Korea Investors Service |
AA |
AA |
Tax, Sales, and Operating Profit by Nations (Unit : persons, KRW in million)
Tax, Sales, and Operating Profit by Nations : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| Domestic |
| Employees |
3,154 |
3,094 |
| Sales |
27,463,918 |
42,446,028 |
| Profit before tax |
1,878,020 |
2,898,542 |
| Corporate tax |
499,479 |
794,155 |
| Tax paid by cash |
212,778 |
749,437 |
| Overseas |
| Employees |
0 |
0 |
| Sales |
0 |
0 |
| Profit before tax |
0 |
0 |
| Corporate tax |
0 |
0 |
| Tax paid by cash |
0 |
0 |
- Based on consolidated financial statements prepared in accordance with K-IFRS.
- S-OIL has a single refinery in Korea. And all business activities including production, sales, administration, and planning are implemented in Korea.
Dividend Payments (Unit : KRW, %)
Dividend Payments : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| Total dividends paid (KRW in million) |
442,495 |
640,409 |
| Cash dividend payout ratio |
32.1 |
30.4 |
| Cash dividends per share |
| Common |
3,800 |
5,500 |
| Preferred |
3,825 |
5,525 |
| Cash dividend yield |
| Common |
4.3 |
6.2 |
| Preferred |
6.7 |
9.4 |
- BBased on separate financial statements prepared in accordance with K-IFRS.
Violation of Disclosure Regulations (Unit : cases)
Violation of Disclosure Regulations : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| No. of violations |
0 |
0 |
Violation of Laws related to Customers' Personal Information (Unit : cases)
Violation of Laws related to Customers' Personal Information : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| No. of violations |
0 |
0 |
Procurement by Item (Unit : KRW in million)
Procurement by Item : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| Total |
627,832 |
1,010,475 |
| Construction & maintenance |
145,459 |
334,763 |
| General service |
96,741 |
226,357 |
| Materials |
385,632 |
449,355 |
- Excluding procurement of crude oil & products.
- There is a difference between above data and the value creation amount at Page 19, which is the cost of sales in the financial statements.
Procurement by Region (Unit : KRW in million, suppliers)
Procurement by Region : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| Amount |
| Korea |
387,434 |
790,158 |
| Asia |
132,913 |
113,052 |
| Middle East |
940 |
1,131 |
| Europe |
11,850 |
38,740 |
| America |
94,661 |
67,283 |
| Others |
34 |
111 |
| Total |
627,832 |
1,010,475 |
| No. of Suppliers |
| Korea |
1,082 |
1,102 |
| Asia |
42 |
32 |
| Middle East |
2 |
2 |
| Europe |
27 |
19 |
| America |
27 |
19 |
| Others |
2 |
1 |
| Total |
1,182 |
1,175 |
- Excluding procurement of crude oil & products.
Regular Risk Evaluation on Suppliers (Unit : %)
Regular Risk Evaluation on Suppliers : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
Regular evaluation rate
(including ESG risk) |
100 |
100 |
Suppliers Satisfaction Survey (Unit : points)
Suppliers Satisfaction Survey : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| Satisfaction score |
9.45 |
9.31 |
Supplier Invitation Program (Unit : times, companies, persons)
Supplier Invitation Program : Category, 2021, 2022 항목으로 구성된 테이블입니다.
| Category |
2021 |
2022 |
| No. of programs |
- |
- |
| No. of companies |
1,002 |
1,012 |
| No. of participants |
- |
- |
- According to the government's COVID-19 quarantine regulations, programs were replaced to the distribution of explanation materials for 2020 ~ 2022.
ESG Training for Procurement-related Teams (Unit : %)
ESG Training for Procurement-related Teams : Category, 2021, 2022 Table.
| Category |
2021 |
2022 |
| Participation rate |
100 |
100 |
