Yuhan-Kimberly Launches ESG Committee to Strengthen 'Sustainable Management'

Expansion of ESG Governance Based on Achievements in Ethical Management, Environmental Management, and Social Contribution

Yuhan-Kimberly announced on the 30th that it will launch a CEO-led ESG (Environment, Social, Governance) Committee to further develop its social responsibility management system and achieve sustainable management toward becoming a 100-year company. Photo by Yuhan-Kimberly

[Asia Economy Reporter Kim Heeyoon] Yuhan-Kimberly announced on the 30th that it will launch a CEO-direct ESG (Environment, Social, Governance) Committee to further develop its social responsibility management system and realize sustainable management toward becoming a 100-year company.

Earlier this year, with the inauguration of CEO Jin Jaeseung, Yuhan-Kimberly presented a new vision, "We act for life-health-earth environment," expressing its commitment to growth, transformation, and strengthening responsibility across its business. The ESG Committee will operate as a company-wide consultative body encompassing environment, social, and governance to realize this vision.

The ESG Committee includes full-time board members, including the CEO, and key executives. The committee diagnoses the overall current management system from an investor's ESG management perspective. It operates subcommittees by field (environment, social, governance) that oversee ESG policy formulation, execution task derivation, and monitoring of ESG management activities, playing a central role in developing ESG-related agendas for the board of directors.

Although Yuhan-Kimberly is an unlisted company and not required to undergo ESG evaluation from a financial investor perspective, it has launched a project to conduct a self-assessment of ESG and derive execution tasks simultaneously with the committee's launch, based on its long experience in practicing sustainable management. Additionally, Yuhan-Kimberly explained that it plans to further develop a carbon-neutral model for climate change response, sustainable product innovation, strengthening positive influence for forests and people, and a value consumption model through Good Brand.

As forests emerge as a key global agenda for climate change response, Yuhan-Kimberly has planted and nurtured more than 54 million trees in national and public forests through the "Our Mountains Green, Green Campaign" since 1984. It has continued public interest projects such as discovering beautiful forests, forest schools, creating carbon-neutral forests, and forest restoration projects in border areas. In particular, the Mongol Yuhan-Kimberly Forest, which is 11 times the size of Yeouido, is recognized domestically and internationally as a representative case of desertification prevention.

A Yuhan-Kimberly official said, "Through the Environmental Management 3.0 announced last year, Yuhan-Kimberly is leading ESG management by setting goals such as achieving over 95% sales proportion of products using sustainable raw materials by 2030, using sustainable forest-certified pulp, recycled packaging, and launching biodegradable products to achieve carbon neutrality."

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