Hanwha Energy Forms ESG Committee

[Asia Economy Reporter Choi Dae-yeol] Hanwha Energy announced on the 15th that it has established an ESG (Environmental, Social, and Governance) Committee within its board of directors. This committee serves as the highest deliberative body related to the company's ESG management, formulating basic policies and strategies and reviewing goals. It will hold meetings quarterly to assess whether business operations and investments align with ESG principles. At the first meeting held the previous day, recent company management activities and investment strategies were reported. To ensure independence, the ESG Committee is composed solely of outside directors. Lawyer Kim Kyung-soo from Yulchon LLC (photo) and Professor Lee Hwang, a fair trade expert from Korea University Law School, were appointed. Despite being an unlisted company, Hanwha Energy established an ESG Committee based on the judgment that, due to the nature of the energy industry, it is necessary to prepare ESG strategies at a global standard.

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