OCI Included in the '2021 DJSI Korea' Index for 13 Consecutive Years

Achieving Consecutive Successes in External Evaluations, Advancing as a Leading ESG Company

[Asia Economy Reporter Hwang Yoon-joo] OCI, a leading renewable energy company, has once again been recognized for its commitment to ESG (Environmental, Social, and Governance) management by receiving consecutive awards in sustainability management evaluations this year.

On the 10th, OCI was certified for inclusion in the DJSI Korea for the 13th consecutive year at the '2021 Dow Jones Sustainability Indices (DJSI) International Conference' held at the Grand Hyatt Seoul in Jung-gu, Seoul. The DJSI is a sustainability evaluation and investment index that comprehensively considers not only economic performance but also environmental, social, and governance (ESG) aspects.

OCI’s consecutive ESG-related awards this year are analyzed to reflect the establishment of 'ESG-centered management.' In July, OCI established an 'ESG Committee' under its board of directors. The ESG Committee plans to actively respond to the increasingly stringent ESG standards by making multifaceted efforts to improve governance, environmental safety, and tax transparency, as well as by establishing mid- to long-term environmental policies and approving investments.

This year, OCI also strengthened ESG in its business operations. To prepare for the globally growing demand for renewable energy in the carbon-neutral era, OCI plans to expand the production capacity of polysilicon for solar power at its Malaysia plant to 35,000 tons by 2022.

Lee Woo-hyun, Vice Chairman of OCI, stated, "Going forward, OCI will lead ESG-centered management by fulfilling corporate social responsibility alongside economic performance, pursuing mutual growth and win-win management with our partners, and fulfilling our corporate social responsibilities."

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