Lotte Shopping Achieves Highest Grade in SustainBest ESG Evaluation
[Asia Economy Reporter Lim Chun-han] Lotte Shopping announced on the 18th that it received the highest grade, 'AA grade,' in the 2021 second half ESG (Environmental, Social, Governance) evaluation announced by Sustainvest.
Sustainvest, along with the Korea Corporate Governance Service and Daishin Economic Research Institute, is one of the major ESG evaluation agencies in Korea, conducting evaluations twice a year and assigning a total of seven grades from AA to E.
Lotte Shopping was the only department store and large mart to receive the AA grade in Sustainvest's first half evaluation, and it received the AA grade again in the second half, being recognized as a company leading ESG activities in the distribution industry.
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A Lotte Shopping official said, "We are steadily realizing the projects we have been preparing since the ESG management declaration ceremony," adding, "The fact that a professional institution highly evaluated our ESG management level is seen as establishing a systematic and strategic foothold for ESG management."
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