"A Clean Future Starting from the Sea"…Hyundai Heavy Unveils ESG Management Vision

Vice Chairman Ga Sam-hyun of Hyundai Heavy Industries Group (from the right), Professor Park Soon-ae of Seoul National University Graduate School of Public Administration, Chairman Lee Kyu-yong of the Korean Academy of Environmental Sciences, Professor Bae Soo-il of Sungkyunkwan University Graduate School of Business, Professor Kim Tae-jin of Korea University Law School, and President Oh Se-heon of Korea Shipbuilding & Offshore Engineering are taking a commemorative photo at the recently held ESG Advisory Committee.

[Asia Economy Reporter Choi Dae-yeol] Hyundai Heavy Industries Group announced on the 1st that it has established its group-level ESG (Environmental, Social, and Governance) management vision as "A Clean Future Starting from the Sea."

This vision was inspired by the marine environment, the main stage of the shipbuilding and offshore business, which is the foundation of Hyundai Heavy Industries Group. The company stated that it aimed to express its commitment to sustainable management to achieve carbon neutrality and preserve natural ecosystems. The slogan was set as "Beyond Blue Forward to Green," indicating a shift from core businesses such as shipbuilding and offshore to future eco-friendly businesses.

Along with this, the group decided to establish common ESG management activity evaluation indicators by setting key management areas for each sector. This is to create a system to oversee company-wide ESG management activities and establish it as a culture. Previously, the company held the first ESG advisory committee last month, attended by the ESG advisory group and Vice Chairman Ga Sam-hyun, who is the group’s Chief Sustainability Officer, to review the direction and report on the ESG vision and slogan.

Additionally, the group plans to launch a website this month to promote the ESG management culture both internally and externally, and by the end of this year, it will introduce an ESG internship program targeting university students. Vice Chairman Ga Sam-hyun said, "Through the spread of ESG management culture, we will take the lead in solving environmental issues faced worldwide and do our best to create a better future with eco-friendly technologies."

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