"Lotte Accelerates ESG Management with Publication of Sustainability Reports for All Listed Companies"

Lotte Home Shopping signed a business agreement for "Resource Circulation and ESG Management Practice" with Seoul Metropolitan Government, Seoul Metropolitan Office of Education, and Korea Environment Corporation at Namsan Library in Seoul on the 19th of last month. (From left) Yeon-sik Yoo, Head of Climate and Environment Headquarters of Seoul Metropolitan Government; Hye-sung Ham, Director of Lifelong Career Education Bureau of Seoul Metropolitan Office of Education; Eun-sook Kim, Head of Resource Circulation Headquarters of Korea Environment Corporation; and Sung-bin Shin, Head of Marketing Headquarters of Lotte Home Shopping are posing for a commemorative photo after the signing ceremony.

Lotte is placing emphasis on ESG (Environmental, Social, and Governance) management centered around Lotte Holdings.

On the 29th, Lotte announced that it is practicing ESG management through the establishment of ESG committees within the boards of listed companies, operation of dedicated ESG teams, and publication of sustainability management reports.

In October of last year, Lotte established ESG committees within the boards of all its listed companies. This year, it plans to publish sustainability management reports for all listed companies. Lotte is the first business group to mandate the establishment of ESG committees under the boards of all listed companies and the publication of sustainability management reports. In the ESG evaluation of listed companies announced last year by the Korea Corporate Governance Service (KCGS), all evaluated listed companies (Lotte Holdings, Lotte Chemical, Lotte Chilsung Beverage, Lotte Food, Lotte Himart, Lotte Shopping, Lotte Fine Chemical, Lotte Information & Communication, Lotte Confectionery) received an 'A grade.'

Each company is also actively carrying out eco-friendly ESG activities. Lotte Chemical has redefined its ESG vision as 'Green Promise 2030' to realize social value and is promoting ▲Net Zero ▲Creation of social value through circulation and coexistence ▲Green Innovation. Lotte Homeshopping signed a 'Memorandum of Understanding for Resource Circulation and ESG Management Practice' with Seoul City, Seoul Metropolitan Office of Education, and Korea Environment Corporation to build an eco-friendly small library within Seoul Namsan Library.

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