{"id":15985,"date":"2023-10-04T10:36:07","date_gmt":"2023-10-04T01:36:07","guid":{"rendered":"https:\/\/askinno.com\/global\/?p=15985"},"modified":"2025-06-25T10:26:06","modified_gmt":"2025-06-25T01:26:06","slug":"sk-on-named-no-1-in-fortunes-change-the-world-list","status":"publish","type":"post","link":"https:\/\/askinno.com\/global\/archives\/15985","title":{"rendered":"SK On named No. 1 in Fortune\u2019s \u201cChange the World\u201d list"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16023\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd.jpg\" alt=\"\" width=\"1240\" height=\"826\" srcset=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd.jpg 1240w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-300x200.jpg 300w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-1024x682.jpg 1024w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-768x512.jpg 768w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-250x167.jpg 250w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-810x540.jpg 810w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-800x533.jpg 800w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-270x180.jpg 270w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-450x300.jpg 450w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/10\/SK-battery-America_\uc804\uacbd-751x500.jpg 751w\" sizes=\"auto, (max-width: 1240px) 100vw, 1240px\" \/><\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">\u25b2 A panoramic view of SK battery America.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> SK On has claimed the No. 1 spot in the <a href=\"https:\/\/fortune.com\/ranking\/change-the-world\/\" target=\"_blank\" rel=\"noopener\">&#8220;Change the World&#8221;<\/a> list announced by major U.S. economic magazine Fortune. This is the highest-ever ranking among global battery manufacturers.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> Fortune on September 27 revealed \u201c2023 Change the World\u201d list that selected SK On with automakers Tesla, General Motors and electric vehicle charging station operator Chargepoint for a joint No. 1 spot as \u201cThe American Electrifiers.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> Since 2015, Fortune unveils annual ranking of about 50 Change the World listed companies after comprehensively assessing their positive environmental-social impact, business results and degree of innovation.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> This year, 59 companies were named to the list from a short list of 250. In Asia, seven companies including SK On made the list with global giants like Walmart (No. 3), Apple (No.15) and Microsoft (No.24) also included.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> SK On is the only South Korean company to be selected in this year\u2019s list, while becoming the first Korean battery maker to be named in Fortune\u2019s Change the World list.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> Also with the joint No. 1 position, SK On also marked the highest ranking ever for a global battery manufacturer. Previously, Sweden\u2019s Northvolt took the No. 8 spot in 2022 and China\u2019s BYD claimed the No. 3 spot in 2019.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> Fortune said that the four companies that shared the top spot because are \u201cleading the EV revolution in one of the world&#8217;s most important net-zero missions.\u201d It also evaluated that they are \u201cleading the push to convert the world&#8217;s most car-happy nation to electric vehicles.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> In particular for SK On\u2019s selection, Fortune said the company \u201chas helped jump-start battery manufacturing in the U.S,\u201d adding that \u201cBy 2025, those (SK On) facilities collectively will be producing batteries for about 1.5 million EVs a year.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> SK On is currently operating two plants in the state of Georgia. It is also building two plants in Kentucky and one plant in Tennessee with Ford, while also working to add a battery joint venture facility in Bartow County, Georgia, with Hyundai Motor Group.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> Once these facilities are completed after 2025, SK On will have a battery production capacity over 180GWh in North America alone.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> Since its entry to the state of Georgia in 2018, SK On has been spearheading the creation of the EV belt in the Southwest region of the U.S. Previously, Pat Wilson, Commissioner of the Georgia Department of Economic Development, said that SK \u201cwas the first mover when it comes to the creation of an American battery facility,\u201d adding that \u201cThey did truly changes the landscape of battery production in the U.S.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> \u201cThis shows our leadership in the electrification of the U.S. has been recognized,\u201d said an SK official on the No. 1 selection in the Fortune list. \u201cSK On will continue to create social values with our battery technology and products that contribute to environment.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> SK On is moving forward as a global top-tier battery manufacturer under a mission of serving \u201celectrification linchpin\u201d that makes the world cleaner and convenient place.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> SK On, one of the fastest growing global battery makers in the past five years, has been doubling its revenue with industry\u2019s top-tier technology. The company\u2019s technology prowess also recognized this year after claiming the Best of Innovation accolade at CES, the world\u2019s largest IT-electronics expo, and winning the bronze award at the Edison Awards, one of the best programs honoring innovation in the U.S..<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> In particular, SK On has been putting its best efforts forward on the development of battery technologies contribute to environment to carry out its social responsibility. It has been working to develop highly efficient, high-capacity battery that boasts safety, fast charging, and long duration and supply to global automakers, so that the company can help minimizing air pollution caused by CO<sub>2<\/sub> emissions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"> SK On has been also an important role in SK Group\u2019s plans to lead its environment-friendly business and achieving its carbon neutrality goals. Previously, SK Group Chairman Chey Tae-won said SK Group should contribute from its end by reducing 200 million tons of carbon emissions which is equivalent to 1% of the global carbon emissions reduction target (21 billion tons) set for 2030.<\/span><\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 100%; max-width: 11240px; border: 2px solid #d5d5d5; padding: 5px 0px; line-height: 26px; font-size: 16px;\">\n<div style=\"padding: 0px 10px;\">\n<div style=\"margin-top: 10px; margin-bottom: 10px;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>\u25a0 Related articles <\/strong><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/14179\" target=\"_blank\" rel=\"noopener\"> SK On becomes first global battery manufacturer to win Edison Award<\/a><\/span><\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u25b2 A panoramic view of SK battery America. &nbsp; SK On has claimed the No. 1 spot in the &#8220;Change the World&#8221; list announced by major U.S. economic magazine Fortune. This is the highest-ever ranking among global battery manufacturers. Fortune on September 27 revealed \u201c2023 Change the World\u201d list that selected SK On with automakers &#8230; <a title=\"SK On named No. 1 in Fortune\u2019s \u201cChange the World\u201d list\" class=\"read-more\" href=\"https:\/\/askinno.com\/global\/archives\/15985\" aria-label=\"Read more about SK On named No. 1 in Fortune\u2019s \u201cChange the World\u201d list\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":10935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,644],"tags":[1554,235,13,1553,648],"class_list":["post-15985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporates","category-sk-on","tag-change-the-world","tag-ev","tag-ev-battery","tag-fortune","tag-sk-on"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/15985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=15985"}],"version-history":[{"count":16,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/15985\/revisions"}],"predecessor-version":[{"id":21575,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/15985\/revisions\/21575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/10935"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=15985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=15985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=15985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}