Dongyang Life Insurance Establishes 'ESG Committee'
[Asia Economy Reporter Changhwan Lee] Dongyang Life Insurance announced on the 21st that it held a board meeting and resolved to establish an 'ESG Committee' under the board of directors.
Dongyang Life Insurance explained that it established the 'ESG Committee' to keep pace with the global trend of expanding ESG (Environmental, Social, and Governance) management, including climate change and sustainable development. Last year, Dongyang Life Insurance also established a dedicated ESG organization.
The 'ESG Committee' is responsible for establishing an institutional foundation to practice ESG management, formulating ESG strategy systems, promoting related plans, and reviewing performance.
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A Dongyang Life Insurance official stated, "The ESG Committee will actively communicate with various stakeholders along with the dedicated department in the future, and will carry out various tasks such as publishing the sustainability management report and eco-friendly social contribution activities to ensure transparent information disclosure and practice sustainable finance."
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