CGV Launches ESG Committee; Chairman Appointed as Outside Director Oh Jun

Received 'A' Grade in ESG Evaluation and Rating for KCGS Listed Companies

CJ CGV announced on the 5th that its board of directors approved the launch of an ESG (Environmental, Social, and Governance) Committee at the meeting held on the 4th. This decision-making body deliberates and approves ESG strategies and policies. The committee consists of five members: CEO Heo Min-hoe, one inside director, and three outside directors. The chairperson is Oh Jun, chairman of Save the Children. CEO Heo stated, "We will use the various attempts made so far as a foundation to fully activate ESG management." CGV recently received an overall grade of 'A' in the '2021 Listed Companies ESG Evaluation and Rating Announcement' published by the Korea Corporate Governance Service (KCGS). High scores were earned through initiatives such as the 'Energy Saving Good Store' campaign started in 2019, the 60-second short film festival on resource circulation, pilot operation of reusable containers in concession stands, and goods made from discarded screens. Programs recognized as fitting social responsibility management include 'Seat Sharing,' operated since 2008 for culturally marginalized groups, the educational donation event 'Exciting Movie School,' and the job-creating cafe for the disabled, 'I Got Everything.'

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