Kakao Publishes Its First ESG Report

[Asia Economy Reporter Buaeri] Kakao announced on the 27th that it has published its first ESG (Environmental, Social, and Governance) report.

Kakao defines ESG as "Kakao's promise and responsibility for a better world" and named the report "2020 Kakao's Promise and Responsibility."

This ESG report, released under the Kakao name for the first time, is 138 pages long. It is composed of Kakao's promises and responsibilities in addressing social issues, growing together, digital responsibility, and sustainable environment, as well as activities Kakao is undertaking in each area of environment, social, and governance.

The special feature page "Platform in the Era of COVID-19" introduces cases where Kakao's technology and services were utilized during the COVID-19 situation. It includes the publication of the "Kakao COVID White Paper," the addition of QR code check-in (electronic entry log) functionality, and real-time inventory checking services for official mask sales locations.

In addition to the annual ESG report, Kakao plans to regularly communicate its ESG management activities through various channels such as the official Kakao Brunch magazine "Kakao Promise and Responsibility" and the official YouTube channel.

Co-CEO Yeo Min-soo stated, "Kakao will continue to do its best efforts for 'a better world created by technology and people'."

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