HK Innoen Publishes First 'Sustainable Management Report' Highlighting ESG Achievements

[Asia Economy Reporter Lee Gwanju] HK Innoen announced on the 9th that it has published its first sustainability management report detailing its ESG (Environmental, Social, and Governance) management strategy, key activities, and achievements.

This report is structured around HK Innoen's four ESG strategic directions called the '4C.' The 4C represent ▲Climate Action (business operations considering the environment) ▲Collective Growth (growth considering the development of members) ▲Community Impact (creating impact for local communities) ▲Compliance Management (strengthening risk management based on compliance).

In the environmental sector, achievements include reducing greenhouse gas emissions, expanding waste recycling, and increasing the use of eco-friendly raw materials and packaging. The Osong plant installed a 523 kW solar power system to reduce electricity consumption and increased the waste recycling rate by 57.3%.

Based on social responsibility management, HK Innoen also strengthened mutual growth and safety and health. The company conducted various social contribution activities such as supporting daily necessities for underprivileged groups, providing scholarships for pediatric patients, and eradicating the misuse of disposable plastics, donating a total of 3.39 billion KRW to society as of last year. Additionally, to establish a safety and health system, the safety and health operation organization was expanded and reorganized, and certifications for safety and health management systems such as ISO 45001 and KOSHA-MS were obtained.

Starting this year, HK Innoen plans to publish a sustainability management report annually and transparently disclose ESG achievements and activities. Kwak Dalwon, CEO of HK Innoen, stated, "With the publication of the first sustainability management report, we expect to further strengthen our ESG management practice foundation and create an opportunity to enhance corporate value from a long-term perspective." He added, "We will continue to actively communicate with various stakeholders including employees, customers, shareholders, and society to strive for a sustainable society."

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