Hansol Holdings Achieves Integrated ESG Rating of 'A'

One Step Up from B+, Recognized for ESG Management Performance

[Asia Economy Reporter Kim Jonghwa] Hansol Holdings announced on the 14th that it received an integrated 'A grade' in the ESG ratings published annually by the Korea Corporate Governance Service (KCGS), an improvement from last year.

Hansol Holdings received an A grade in both the Social Responsibility (S) and Governance (G) categories, and a B+ in the Environment (E) category among the three ESG evaluation sectors, achieving an integrated 'A grade' and rising one level compared to last year.

KCGS defines the meaning of a Governance A grade as "appropriately establishing the system presented in the Corporate Governance Best Practices, with minimal risk of shareholder value damage due to non-financial risks." Among holding companies, only eight companies, including Hansol Holdings, SK, LG, CJ, and Amorepacific Group, have received an ESG grade of A or higher.

Recently, ESG evaluations allow confirmation of shareholder-friendly and sustainable management systems in non-financial areas such as Environment (E), Social Responsibility (S), and Governance (G). Consequently, global institutional investors are increasingly using ESG scores as key indicators when selecting investment companies.

In the case of Hansol Holdings, its ESG grade was only C in 2016, but through continuous improvement efforts, it achieved a four-level rise to an A within five years, recognizing its excellent ESG management performance.

Meanwhile, listed companies within the Hansol Group subject to ESG evaluation all received an A grade in the Governance (G) category, reflecting high recognition for their efforts in shareholder-friendly management and social responsibility management.

This content was produced with the assistance of AI translation services.