Korea General Technology Achieves AA Grade in ESG Rating for 3 Consecutive Years

[Asia Economy Reporter Minji Lee] Korea Engineering Consultants Corp., a comprehensive engineering company, announced on the 11th that it received the highest AA rating in the '2020 ESG Rating Evaluation' announced by Sustainvest, a consulting firm specializing in SRI (Socially Responsible Investment).

This evaluation analyzes a company's Environmental, Social, and Governance management and assigns a total of seven grades from AA to E. A high rating is given when a company's management activities are judged to be socially friendly, have sound governance, and positively impact the environment. This year's survey was conducted on about 1,000 listed companies in Korea.

Korea Engineering Consultants ranked 1st among 125 companies in the capital goods sector and 9th among 999 companies overall. It is known to have received high scores for ▲being the first employee-owned company among listed firms ▲leading the Green New Deal through wind farm development ▲continuous development of eco-friendly technologies ▲transparent board operations.

The company has been recognized for leading sustainable management by achieving the highest AA rating for three consecutive years since 2018.

A representative of Korea Engineering Consultants stated, “As the criteria for evaluating companies expand from economic value to environment, social, and governance, socially responsible management is a crucial obligation for companies. We will continue meaningful efforts and maintain transparent and sound management policies to produce excellent results.”

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