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Construction” Is Building the Kind of Future That People Want

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We Build the Great www.skec.com Great Life, Great World Connection Dreams Affluence Co-existence 01 We Build the Great 6 1 02 Meaning of the Mission We Build the Great 10 CEO’s Message Great Life, Great World 12 Management System 16 Technologies 22 Civil Works 30 Architecture & Housing Works We are building a greater 40 Oil & Gas, Petrochemical Plant Works 48 Power Plant Works tomorrow with an open mind, 54 u-Business Works reaching out to the world. 60 Corporate Social Responsibility 62 Corporate History 64 Global Network 66 SK Group We embrace others and leave lasting impressions on them. For us, “construction” is building the kind of future that people want. By thinking big, SK Engineering & Construction(SK E&C) is making a more beautiful world for all. 2 3 Connection People meet. Minds connect. Communicating with others, SK E&C is bringing different worlds together. 4 5 Dreams A new world is unfolding. Greater hope is bursting forth. SK E&C is building special dreams of a future filled with promise and well being. 6 7 Affluence We are helping to build the future everyone wants and to usher in a better tomorrow. SK E&C is building a more affluent world, where people can enjoy greater convenience and bounty. 8 9 Co-existence We are shaping a future in which people and nature can live in concert. SK E&C is creating environments for co-existence, a world where technology and the environment blend in harmony. skec / CEO’s Message 10 11 SK Engineering & Construction is committed to from these EPC projects have enabled us to expand As a total solution provider, SK E&C are fully Demonstrating create a better world for all people under the vision our involvement in independent power plant (IPP) committed to make a better world and improve the of a top-tier urban developer and infrastructure development projects and O&M services. As a result, quality of people’s lives by providing valued-added global competencies, builder. Since founded in 1977, SK E&C has acquired SK E&C is now growing as IPP service provider in the services to our customers. world-class competitiveness in civil engineering as global market. SK E&C continues to well as the construction of commercial buildings, residential complexes, oil refineries, gas processing In the area of advanced IT infrastructure, we have rise in the world plants, petrochemical plants, power plants, provided various solutions and services across and advanced IT infrastructure. Today, we are the telecommunications industry such as wired/ aggressively pursuing urban development projects wireless broadband ICT networks (mobile phone all over the world as a Total Solution Provider base stations, optical backbone networks, broadband instead of satisfying with current status. internet) as well as satellite communication systems. We have been engaged in civil infrastructure In addition, SK E&C has realized “smart” homes, projects home and abroad such as roads, high-speed plants, infrastructure, and cities by converging and railways, subways, port facilities and industrial integrating construction technologies (CT) with complex site preparation. In particular, SK E&C information technologies (IT). secured highly advanced technologies in the area of underground storage, including oil stockpiling SK E&C is committed to ensuring that every single SK E&C Vice-chairman & CEO caverns. business decision is transparent and ethical. Even Ki Haeng Cho though we are unlisted company, outside directors SK E&C has applied the latest construction methods now make up the majority on the Board of Directors and state-of-the-art systems in housing construction so as to improve our corporate governance and to redefine the way people live. On top of that, we enhance the transparency as well as independence are aggressively pursuing mixed-use development of decision-making. Each year our employees sign projects that bring together residential, commercial, a pledge to strictly abide by the Code of Ethics. office, cultural, educational and leisure facilities Moreover, we have been engaged in a voluntary fair in one complex. Currently we are expanding our trade compliance program and continue to improve business beyond Korea so as to be a global leading our corporate governance as a part of efforts to company in environmental-friendly business. support systematic and transparent decision-making in business management. We have built or are building oil refineries, petrochemical plants and gas processing plants in In addition, SK E&C is dedicated to the sustainable more than 20 countries in the Middle East, South development of society through various Corporate America and Southeast Asia. Importantly, we are Social Responsibilities (CSR) activities such as preparing to serve our customers as a total solution giving part of our profits back to our customers and provider that engages in a project from the beginning society as well as engaging in environment-friendly of pre-construction (engineering design and businesses in new and existing business areas. project development) and to the post-construction (operation and maintenance) stages of projects Now, SK E&C is eager to open a new chapter in based on world-class engineering, construction and its history instead of satisfying with up-to-date project management capabilities. growth and development. We will be a global leader in E&C market by securing powerhouse of We have also been involved in diverse EPC power the future through investment on talents and new generation projects worldwide including coal- technologies as well as global market expansion and fired, nuclear, and renewable energy plants. The by successfully establishing advanced management competencies and experiences that we have gained system. skec / Global Management 12 13 SK E&C in the World with Top Global Competitiveness SK E&C is leveraging world-class technology to make inroads into global markets. We work with talented people around the world to expand our presence in Asia, the Middle East, the Americas and Europe. We work constantly to read future trends ahead of the competition and to be thoroughly prepared at all times. In the process we are emerging as a top-tier global player with the very best competitiveness. ❶ Piyabutr Sunsap, Thailand ❷ Pushpender, India ❸ Jon Heselton, England ❹ David Stringer, England ❺ Ksenia, Russia ❻ Ashiff Khan Kalathil Alikahn, India SK E&C USA SK E&C India skec / Environment Management 14 15 Engineering a Bright Future for Enterprise Advancing Together with Partners We recognize the value and importance of preserving Various “win-win cooperation” programs are in the global environment, and our environmental place to promote growth and advancement with management efforts are contributing to sustainable business partners. SK E&C organizes training social development. programs every year to improve partners’ quality and raise their awareness of safety. The management The SK E&C Environmental Management support center offers them the know-how to build System(EMS) was established to fulfill corporate various management systems. SK E&C supports social responsibilities toward the environment and their development and commercialization of new to ascertain fundamental environmental impact in technologies, and they accompany SK E&C to work on advance of any projects. Internal regulations on the overseas projects. Such assistance in their overseas environment are much stricter than what the law expansion is part of the win-win management policy. allows. Taking Customer Satisfaction to the Next Level Our EMS first obtained ISO 14001 certification in The safety and health management program seeks October 1997 and that certification was renewed in to ensure stakeholder wellbeing through accident- October 2008. In addition, we formed the Environment free construction. The latest systems are applied, Management Committee to deliberate and decide and resource competencies are being bolstered and on important issues pertaining to the environment integrated to maintain competitiveness. SK E&C as well as to provide regular assessments on operates integrated and complementary IT systems overall environmental performance. In addition, the with business partners and works closely with them Green Culture, Green Process and Green Product to strengthen ties. Meanwhile, a unique “culture of Subcommittees operate under the Environment quality” is being built at SK E&C. To this end, process Management Committee, completing the foundation efficiency in the quality management program is for environmental management and making SK E&C improved steadily. The lessons learned from cases stand out as an environment-friendly company. studies of success as well as failures are utilized as much as possible. SK E&C employees are being trained to make adherence to procedure an integral part of their work lives, and the competencies of quality management personnel are developed constantly. Green Culture Green Process Bolstering Eco- Greening of EPC Processes friendliness in the - Greening of E&C Strategic Corporate Culture Environmental Planning - Mindset and Behavior Management - Greening of E&C Core - Internal & External Green Planning Business Processes Public Relations & Management - Greening of Companywide - Stronger Cooperation Support Processes Internally & Externally Green Product Expanded Involvement in Environmental Projects - Commercialization of Ecofriendly Packages in Existing Business Areas - Advancement into New Environmental Areas 16 17 Resource Resource Lineal Zero Waste Waste Creating
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