KCC Selected as 'Sustainability Report Excellence Company' for 7 Consecutive Years

Effectively Reflect ESG Management Activities, Achievements, and Communication with Stakeholders in Reports

After receiving the KRCA award, Kim Sang-jun, KCC Manager (left), and Kang Myung-soo, Chairman of the Korea Standards Association, are taking a commemorative photo. [Photo by KCC]

[Asia Economy Reporter Kim Jong-hwa] KCC was selected for the seventh consecutive year as an 'Excellent Company in Korea Sustainability Report (KRCA)' at the '2021 Korea Sustainability Conference' held on the 5th at Lotte Hotel, Sogong-dong, Seoul.

KRCA, awarded under the supervision of the Korea Standards Association, evaluates domestic companies' sustainability reports based on the global guideline for sustainability report preparation, the GRI (Global Reporting Initiative). Various stakeholders and experts directly participate in the evaluation, selecting excellent reports by companies in each sector: manufacturing, service, public, and first publication.

In this evaluation, targeting 152 domestic sustainability reports published from August 2020 to July 2021, KCC was selected as an excellent company in the manufacturing sector for the seventh consecutive year. KCC's '2020/21 KCC Sustainability Report,' published this year, contains information on KCC's ESG management activities, their outcomes, and key issues from January 2020 to the first quarter of 2021. By complying with the GRI guidelines, the report was highly rated for reliability, communicability, and completeness, and it excellently reflected ESG management activities that stakeholders consider important.

A KCC official stated, "As important as corporate management performance is the creation of social value and deep communication with stakeholders," adding, "With this award as an opportunity, we will faithfully fulfill our role as a sustainable company and a global corporate citizen through systematic ESG management activities such as eco-friendly technological innovation, carbon emission reduction, win-win growth, and building a cooperative labor-management culture."

Meanwhile, KCC's sustainability report has not only received the Korea Standards Association's award for excellent sustainability report companies but also won the highest grade, Platinum, in the sustainability report category at the U.S. 'LACP Spotlight Awards' in November 2020. It was selected as a 'TOP 100' report, recognized for its high-level message delivery and design that stakeholders can easily access.

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