Netmarble Achieves ‘A Grade’ in MSCI ESG Evaluation

[Asia Economy Reporter Seungjin Lee] Netmarble announced on the 20th that it received an A grade in the ‘MSCI ESG (Environmental, Social, and Governance) Evaluation’ announced by Morgan Stanley Capital International (MSCI), a global ESG evaluation agency of Morgan Stanley, one of the world's top three investment banks.

Following a BB grade in 2020 and an upgrade to BBB in 2021, this year it rose one more step to an A in the evaluation conducted up to the first half of the year.

In this evaluation, Netmarble received high scores in areas such as ▲public disclosure of core corporate ethics issues including internal whistleblower protection systems ▲improvement and disclosure of talent management programs ▲operation of an independent board of directors and key committees (audit, compensation, nomination, etc.) ▲transparent accounting risk management.

Implemented since 1999, the ‘MSCI ESG Evaluation’ is one of the global ESG evaluation indices that assigns ESG grades to companies listed on the securities market based on their environmental, social, economic, and governance data. As of 2021, among 79 major domestic companies evaluated, 32% received an A grade or higher.

Netmarble established the ‘ESG Management Committee’ in December last year and is practicing ESG-centered sustainable management, including building an eco-friendly new headquarters, conducting professional social contribution activities, and establishing transparent and sound governance.

In March of this year, Netmarble published its first report containing its ESG vision and philosophy, and plans to release the second ESG report, which includes the 2021 activity results, within this year.

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