Doosan Co., Ltd. Creates 250 Billion KRW Social Value in ESG Sector

Doosan Corporation announced in its ESG report released on the 18th that it created social value worth 250 billion KRW.

[Asia Economy Reporter Oh Hyung-gil] Doosan Corporation announced on the 18th that it created social value worth 250 billion KRW in the ESG (Environmental, Social, and Governance) sector last year.

According to the ESG report released by Doosan Corporation on the same day, it generated social value worth 258.1 billion KRW across three areas: talent, the global environment, and partners. Additionally, Doosan Robotics created social value worth 28.4 billion KRW through its collaborative robots.

Doosan Corporation classifies its contributions to stakeholders into three areas. Talent includes employment increase, improvement of employee welfare, and impact on safety accidents. The global environment covers environmental impacts such as greenhouse gases, waste, and air emissions. The partner sector includes shareholder dividends, support for partner companies, and community investment.

The report also reflects new indicators and concepts such as ▲ the TCFD recommendations, a financial disclosure framework related to climate change ▲ double materiality assessment considering both factors where companies impact the environment and where the environment impacts companies ▲ and the first calculation and disclosure of carbon emissions generated throughout the value chain.

Moon Hong-sung, President of Doosan Corporation, said, "We have improved ESG-related indicators to a global standard level to fulfill social responsibilities along with sustainable business growth," adding, "We plan to fulfill our social responsibilities through setting mid- to long-term ESG goals and systematic performance indicator management, and actively share related information with stakeholders."

This content was produced with the assistance of AI translation services.