LG Display Establishes ESG Committee and Internal Transactions Committee
[Asia Economy Reporter Suyeon Woo] LG Display announced on the 27th that it has decided to establish an ESG Committee and an Internal Transactions Committee within the board of directors as part of improving corporate governance.
LG Display established the ESG Committee to strengthen ESG management related to environment, society, and governance, aiming to achieve long-term and sustainable growth. Additionally, the Internal Transactions Committee will be set up to reinforce the company's internal controls over internal transactions and to enhance the fairness of transactions and transparency in corporate management.
The ESG Committee and the Internal Transactions Committee will each be composed of three or more directors, with at least two-thirds being outside directors. Each committee will select its chairperson by committee resolution. The establishment dates are April 26 for the ESG Committee and July 1 for the Internal Transactions Committee.
Hot Picks Today
SpaceX Opens IPO Floodgates... Anthropic and OpenAI Push Valuations into the Trillions
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- "Insisting on Phone Consultations Only for Hearing-Impaired Clients"... Human Rights Commission Recommends Staff Training for Foundation
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
An LG Display official stated, "With the launch of these committees, we plan to further strengthen ESG management and strive to become a global company trusted by members of various social sectors."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.