SK Hynix, MSCI ESG Rating Soars to 'A'
[Asia Economy Reporter Kim Hyewon] SK Hynix announced on the 2nd that its ESG (Environmental, Social, and Governance) rating, evaluated by Morgan Stanley Capital International (MSCI), has been upgraded from 'BBB' in 2020 to a recent 'A' rating.
SK Hynix explained, "The rating was raised due to positive evaluations in water resource and human resource management."
Last year, SK Hynix announced the mid-to-long-term roadmap 'SV 2030' to maximize social value, setting a detailed goal to triple the amount of reused water by 2030 compared to the 2019 performance. Additionally, the company transparently discloses talent recruitment principles, achievements, and talent development results through official external channels.
According to MSCI standards, SK Hynix is classified under the semiconductor and semiconductor equipment industry and is relatively evaluated alongside 75 companies within the same industry.
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SK Hynix stated, "Receiving an A rating places us around the top 20 among peers," adding, "This is a vertical leap from the previous ranking around the 40th position."
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