Samsung Card Establishes ESG Committee Within Board of Directors to "Strengthen ESG Management"

Sustainable Management Committee Elevated to a Board Committee
Im Hyeran Appointed as Outside Director and Chairperson

[Asia Economy Reporter Ki Ha-young] Samsung Card announced on the 30th that it has established an ESG Committee under the board of directors to strengthen ESG (Environmental, Social, and Governance) management. The ESG Committee is responsible for establishing and deciding Samsung Card's key ESG strategic directions.

At the board meeting held on the 28th, Samsung Card elevated the existing Sustainability Management Committee, which was composed only of internal executives, to an ESG Committee under the board of directors as the decision-making body related to ESG. The ESG Committee is composed of outside directors and the CEO, and outside director Lim Hye-ran was appointed as the inaugural chairperson of the ESG Committee.

Samsung Card plans to organically promote company-wide ESG management centered on the ESG Committee and the ESG Secretariat established last year.

In line with the growing social interest in ESG, Samsung Card is actively carrying out related activities. In its '2021 Business Plan' posted on its website this year, Samsung Card stated that it aims to "leap forward as a respected company through the practice of ESG management" as a key promotion strategy. It also plans to publish an ESG report this year that complies with international guidelines.

A Samsung Card official said, "Through the establishment of the ESG Committee, we plan to strengthen ESG management that values the interests of stakeholders such as customers, shareholders, employees, and local communities, and contributes to the sustainable development of the environment and society."

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