Company Directory - SK Telecom Co., Ltd.
Company Details - SK Telecom Co., Ltd.
SK Telecom Co., Ltd.
WebsiteSeoul, South Korea
ISIN: KR7001767001
SK Telecom Co., Ltd. is the largest telecommunications company in South Korea, providing a broad range of services including mobile communication, data services, and digital platform solutions.
CCI Score
CCI Score: SK Telecom Co., Ltd.
-12.52
Latest Event
Aggressive US Lobbying by SK Group Raises Concerns Over Authoritarian Ties
An article revealed that SK Group, the conglomerate to which SK Telecom belongs, spent $5.59 million on US lobbying efforts. The spending targeted trade restrictions, export controls, and digital privacy measures, aligning with policies that may support authoritarian agendas. This aggressive lobbying raises serious concerns over its potential complicity in undermining democratic processes.
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ENABLER
SK Telecom Co., Ltd. is currently rated as an Enabler.
Latest Events
- JAN232025
An article revealed that SK Group, the conglomerate to which SK Telecom belongs, spent $5.59 million on US lobbying efforts. The spending targeted trade restrictions, export controls, and digital privacy measures, aligning with policies that may support authoritarian agendas. This aggressive lobbying raises serious concerns over its potential complicity in undermining democratic processes.
- JAN222025
The article reveals that SK Group, of which SK Telecom is a key part, engaged in record lobbying activities in the United States. The lobbying focused on influencing export control policies, semiconductor investment, and broader regulatory decisions, raising concerns about the company's role in supporting policies that may align with authoritarian interests.
-60
Public and Political Behavior
March 20
SK Telecom, as part of the SK Group conglomerate, has been implicated in extensive lobbying efforts targeting a wide array of U.S. government agencies and policies. The company's involvement in influencing export controls, semiconductor investment, and other regulatory arenas demonstrates a strategic use of political engagement to shape policy in ways that may undermine democratic accountability and enable authoritarian governance measures.
- OCT042024
SK Telecom was reported to have engaged in significant lobbying efforts in the United States, focusing on federal government budget, manufacturing, trade, telecommunications equipment, and education policy. This activity raises concerns from an anti-fascist perspective as it illustrates corporate attempts to shape policies in ways that can undermine democratic accountability and potentially support authoritarian practices.
-40
Political Contributions and Lobbying Efforts
March 20
The reported lobbying expenditures by SK Telecom indicate an active engagement in influencing policy in favor of its own corporate interests. From an anti-fascist lens, such behavior is concerning because it can contribute to regulatory environments where corporate power undermines democratic processes and potentially aligns with authoritarian agendas.
Samsung, SK, Hyundai Motor, LG Spent $7.62 Mil. Lobbying Expenditures in H1 in U.S.
- MAY012024
On May 1, 2024, SK Telecom revised its Supplier ESG Code of Conduct to reinforce robust labor rights, ethical management, and sustainable supply chain practices. The document details strict prohibitions against forced and child labor, mandates humane treatment of all workers, and sets high standards for supplier conduct, reflecting a commitment to responsible business practices that challenge exploitative and authoritarian practices.
+80
Labor Relations and Human Rights Practices
March 20
The Code of Conduct outlines comprehensive measures for protecting labor rights by prohibiting forced labor, child labor, and ensuring humane treatment of all workers. These policies align with international standards, showing SK Telecom’s commitment to ethical labor practices and reducing any complicity in authoritarian exploitation.
+80
Supply Chain Ethics
March 20
The Code explicitly sets standards for supply chain ethics by requiring all suppliers to comply with stringent ESG policies. This includes demands for transparency, legal compliance, and sustainable practices that mitigate risks of human rights abuses or unethical sourcing, thereby challenging authoritarian exploitation in supply chains.
- APR272023
SK Telecom's collaboration in developing an AI patrol robot designed for surveillance tasks raises concerns about the provision of repressive technologies. While promoted as a safety measure, the technology's potential for mass surveillance could be misused in authoritarian contexts.
-40
Provision of Repressive Technologies
March 20
The development of an AI patrol robot that autonomously conducts surveillance tasks raises red flags from an anti-fascist perspective. The technology, though marketed for enhancing security, has the inherent risk of being used for mass surveillance and control, thereby potentially enabling authoritarian measures. This deployment of surveillance technology aligns with concerns about the provision of repressive technologies.
South Korean SK Telecom develops AI patrol robot with other partners
- JAN012023
SK Telecom details its robust ESG supply chain practices aimed at ensuring ethical sourcing, labor rights, and environmental standards through stringent supplier screening and compliance measures as outlined in its 2024 Supply Chain Management Report.
+80
Supply Chain Ethics
March 20
SK Telecom demonstrates strong commitment to Supply Chain Ethics by enforcing a comprehensive Supplier ESG Code of Conduct, rigorous pre-screening of suppliers, and ongoing ESG risk management practices. These measures help prevent complicity in human rights abuses and ensure sustainable practices across its supply chain.
+75
Labor Relations and Human Rights Practices
March 20
The report highlights SK Telecom's adherence to international labor and human rights standards by embedding guidelines based on ILO, OECD, and UN principles. It includes mechanisms for supplier self-diagnosis, corrective action plans, and ongoing monitoring which collectively support fair labor practices and human rights.
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