Aekyung Group's Four Companies Establish Safety, Environment, and Health Council

[Asia Economy Reporter Seungjin Lee] On the 11th, four subsidiaries of Aekyung Group?Aekyung Industrial, Aekyung Chemical, Aekyung Chemtech, and AK Chemtech?announced that they have established an EHS (Environment, Health, and Safety) council to ensure continuous and systematic implementation of EHS management and ESG (Environmental, Social, and Governance) management.

The Aekyung Group EHS council holds quarterly meetings based on the principle of mutual respect to share best practices and near-miss (situations where accidents almost occurred due to worker negligence or equipment defects but did not result in direct accidents) cases from each company, monitor EHS laws and trends, and promote the creation of safe workplaces and mutual capacity building.

In this way, Aekyung Group plans to improve the EHS level of all subsidiaries primarily through the EHS council to strengthen EHS management. By operating the council, they intend to actively support subsidiaries that require improvements by nurturing and utilizing a group of EHS experts. The chemical subsidiaries?Aekyung Chemical, Aekyung Industrial, and AK Chemtech?leading up to their merger into ‘Aekyung Chemical’ scheduled for November, took the initiative in establishing the council.

Additionally, a diagnostic team composed of internal and external experts has recently been formed to conduct EHS diagnostics at 45 business sites within the group. Through these EHS diagnostics, hazardous and risky factors identified at the sites will be proactively eliminated, and a foundation for the EHS management system will be established through bold investments in facilities, equipment, and personnel.

Lee Seok-joo, CEO of AK Holdings, the holding company of Aekyung Group, stated, “Aekyung Group is setting and executing concrete and clear plans in each field to practice realistic ESG management. With the recent enactment of the Serious Accident Punishment Act and the strengthening of the Industrial Safety and Health Act, EHS issues have become factors that can determine business success or failure. Therefore, we will establish a global-level EHS management system that prioritizes the safety and health of employees and customers.”

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