S-OIL Selected as an 'ESG Excellent Company' in 2020

[Asia Economy Reporter Hwang Yoon-joo] S-OIL was selected as an excellent company at the ‘2020 ESG Excellent Companies’ awards ceremony hosted by the Korea Corporate Governance Service on the 27th. With this award, S-OIL has had the honor of being selected as an excellent company eight times since the ESG Excellent Companies award was established in 2011.

The Korea Corporate Governance Service is a non-profit organization under the Korea Exchange established in 2002 to improve corporate governance of listed companies and strengthen sustainable management. It conducts evaluations on environmental management, social responsibility management, and corporate governance for listed companies every year. Since 2011, it has selected and awarded ESG Excellent Companies based on outstanding sustainable management performance.

In 2020, among the listed companies registered with the Korea Exchange, only eight companies including S-OIL were selected as ESG Excellent Companies.

S-OIL emphasized, "Being selected eight times as an ESG Excellent Company, which boasts the highest authority in Korea, is a recognition once again of S-OIL’s efforts to harmonize with society based on global-level management transparency and to faithfully reflect stakeholders’ expectations in its management activities.”

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