ESG

ESG stands for Environmental Responsibility, Social Responsibility, and Governance.
Korea Corporate Governance Service(KCGS) evaluates and publishes corporate governance and socially responsible management practices in order to assist Korean companies to earn confidence and credit worldwide.

ESG Evaluation Grade by Korea Corporate Governance Service(KCGS)
Evaluation Area 2021 2022 2023
ESG Ratings B C B+
Environment D C B+
Social B+ B A
Governance B+ C B+
* Source: Korea Corporate Governance Service (KCGS)
ESG Codes of Practice Introduction Status
ESG Codes of Practice Introduction Status Note
Corporate Governance Charter O
Code of Ethics O
Implementation of Manual Voting System X
Cumulative Voting X
Board Composition (Director Requirement) O Legal requirement (25%) satisfied
Organization of Compensation Committee X
Organization of Audit Committee X
Organization of Independent Director Nominating Committee O
Operating Guidelines for the Board and Committees O On the website
Directors’ Liability Insurance with the Company’s Coverage O
Disclosure of Board and Committee Activities O On the website
Disclosure of ESG Evaluation Results O On the website
Comparison with the Codes of Practice from KCGS O On the website