SK Hynix Upgraded to MSCI ESG Rating 'A'

Positive Evaluation of Water Resources and Human Management, Rating Upgraded from 'BBB' to 'A'

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[Asia Economy Reporter Lee Hyeyoung] SK Hynix announced on the 2nd that its Environmental, Social, and Governance (ESG) rating, evaluated by Morgan Stanley Capital International (MSCI), has been upgraded from 'BBB' in 2020 to a recent 'A' rating.

SK Hynix explained that the rating was raised due to positive evaluations in water resource and human resource management.

Last year, SK Hynix announced a mid-to-long-term roadmap called 'SV (Social Value) 2030' to maximize social value. Specifically, it set a goal to triple the amount of water reuse by 2030 compared to 2019.

Additionally, the company transparently discloses its talent acquisition principles, achievements, and talent development results through official external channels.

Since 1999, MSCI has annually evaluated ESG indices for publicly listed companies worldwide. MSCI divides ESG-related areas into themes and evaluates 35 key issues, assigning ratings from 'AAA' (excellent) to 'CCC' (poor) based on the results. SK Hynix is classified under the 'Semiconductors and Semiconductor Equipment Industry' according to MSCI standards and is comparatively evaluated alongside 75 companies in the same industry.

A company official stated, "Receiving an A rating places us within the top 20 among peers evaluated," adding, "This is a vertical rise from the previous ranking around 40th place."

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