Pulmuone Receives Top ESG Evaluation Award in 2020... A+ for 4 Consecutive Years

Yoon Woon-moo, Head of the Right Mind Management Office at Pulmuone (right), and Shin Jin-young, President of the Korea Corporate Governance Service (left), are holding the award plaques together and taking a commemorative photo after receiving their awards.

[Asia Economy Reporter Choi Saeng-hye] Pulmuone was selected as the ‘Best ESG Company’ in the 2020 ESG evaluation, which assesses non-financial performance.

On the 28th, Pulmuone announced that it received the ESG Best Company Award at the ‘2020 ESG Excellent Companies Awards Ceremony’ held at the Korea Exchange, hosted by the Korea Corporate Governance Service (KCGS), achieving an integrated ESG A+ rating for four consecutive years for the first time among food companies.

Pulmuone was the only food company to receive the integrated A+ rating and was honored with the Best Company Award in the ESG category, advancing one step from last year’s ESG Excellent Company Award. Among the 40 candidate companies that achieved excellent results in the ESG evaluation, only two companies received the Best ESG Company Award.

In this comprehensive ESG evaluation, Pulmuone received an A in the environmental category, an A+ in governance, and an A+ in social responsibility.

The Korea Corporate Governance Service, under the Korea Exchange, has been conducting ESG evaluations since 2011 to help understand and improve the sustainability levels of listed companies.

Based on its own evaluation criteria reflecting domestic and international management environments, the Korea Corporate Governance Service comprehensively assesses 281 key evaluation items across three categories: environmental management, social responsibility management, and governance of listed companies, assigns ratings, and annually selects and awards excellent ESG companies.

This year, 908 listed companies were evaluated for ESG, an increase of 33 companies compared to last year. The evaluation results are reflected in the Korea Exchange’s Socially Responsible Investment Index portfolio and are used by individual and institutional investors for investment decision-making.

Regarding Pulmuone’s achievement of the integrated ESG A+ rating and the Best ESG Company Award, the Korea Corporate Governance Service stated, “We highly evaluated Pulmuone’s establishment and operation of an excellent environmental performance evaluation system, implementation of social responsibility management activities considering industry characteristics, and active efforts to secure diversity and independence of the board of directors.”

At the awards ceremony, Won-mu Yoo, Head of Pulmuone’s Right Mind Management Office, said, “We are very honored to be selected as the Best Company this year following last year’s ESG Excellent Company Award. Pulmuone will continue to actively incorporate ESG elements throughout its management activities to fulfill its mission as a ‘LOHAS company that loves people and nature together’ and strive to become a company that contributes to the industry and society.”

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