Hankook Shell Oil Co., Ltd. is a South Korean company that operates in the petroleum refining sector. The company was established in 1964 and is headquartered in Seoul, South Korea. Hankook Shell Oil Co., Ltd. is a joint venture between Royal Dutch Shell and Hankook Oil & Gas Co., Ltd. The company is primarily engaged in the refining and marketing of petroleum products such as gasoline, diesel, and jet fuel.

The company has been actively involved in decarbonisation efforts in recent years. Decarbonisation is the process of reducing carbon emissions to mitigate the effects of climate change. Hankook Shell Oil Co., Ltd. has set a target to reduce its carbon emissions by 50% by 2050. The company has also invested in renewable energy sources such as solar and wind power to reduce its reliance on fossil fuels.

Hankook Shell Oil Co., Ltd. has also implemented corporate energy management practices to reduce its energy consumption and carbon footprint. The company has implemented energy-efficient technologies and processes in its refining operations to reduce its energy consumption and greenhouse gas emissions. The company has also implemented energy-saving measures in its office buildings and other facilities.

In addition to its efforts to reduce its carbon footprint, Hankook Shell Oil Co., Ltd. has also implemented a corporate power purchase agreement (PPA) to support the development of renewable energy. A corporate PPA is a contract between a company and a renewable energy developer to purchase a fixed amount of renewable energy over a set period. Hankook Shell Oil Co., Ltd. has signed a PPA with a local wind power developer to purchase renewable energy for its operations.

The company's commitment to renewable energy and decarbonisation has been recognized by various organizations. In 2020, Hankook Shell Oil Co., Ltd. was ranked among the top 10 companies in the Dow Jones Sustainability Index (DJSI) in the Asia-Pacific region. The DJSI is a global benchmark that assesses the sustainability performance of companies based on environmental, social, and governance criteria.

Hankook Shell Oil Co., Ltd. has also been actively involved in community development projects. The company has implemented various social responsibility programs to support local communities. These programs include education and training programs, health and safety initiatives, and environmental conservation projects.

In conclusion, Hankook Shell Oil Co., Ltd. is a South Korean company that operates in the petroleum refining sector. The company has set a target to reduce its carbon emissions by 50% by 2050 and has invested in renewable energy sources such as solar and wind power. The company has also implemented corporate energy management practices and a corporate PPA to support the development of renewable energy. Hankook Shell Oil Co., Ltd. has been recognized for its sustainability performance and has implemented various social responsibility programs to support local communities.