CJ Logistics Achieves ESG Rating of A... One Grade Higher Than Last Year

Recognition of Efforts in Eco-Friendly Green Logistics

[Asia Economy Reporter Yu Je-hoon] CJ Logistics announced on the 16th that it received an overall grade of A in the Environmental, Social, and Governance (ESG) evaluation for listed companies published by the Korea Corporate Governance Service (KCGS).

CJ Logistics received an A grade in the environmental sector, a B+ in the social sector, and an A in the governance sector, resulting in an overall grade of A. This marks a one-level improvement compared to last year's grade of B+.

KCGS annually evaluates and publishes ESG ratings for about 900 listed companies. This year, 92 companies, representing the top 12.1%, were awarded the excellent A grade.

CJ Logistics is believed to have received high marks for its efforts to practice eco-friendly green logistics through the introduction of advanced infrastructure and management systems. In fact, since 2016, CJ Logistics has been a pioneer in reducing greenhouse gases by piloting electric cargo vehicles on Jeju Island and introducing electric carts through Silver Delivery. Additionally, all nationwide business sites are registered in the National Greenhouse Gas Management System (NGMS) to monitor greenhouse gas emissions and energy consumption.

A CJ Logistics official stated, “We are pleased that CJ Logistics’ sustainable management activities have been highly evaluated,” and added, “As a global integrated logistics company, we will continue to make efforts to fulfill our social responsibilities and practice transparent management.”

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