SK Square Obtains International Standard Certification for Anti-Corruption Management System

At the SK Square headquarters in Euljiro, Jung-gu, Seoul, Oh Kyung-hee, President of the Korea Productivity Center Certification Institute (left), is presenting the Anti-Bribery Management System International Standard Certificate (ISO 37001) to Jung Jae-heon, Head of Investment Support Center at SK Square (right).

[Asia Economy Reporter Lim Hye-sun] SK Square announced on the 17th that it has obtained the ISO 37001 certification, the international standard for anti-corruption management systems.

The International Organization for Standardization (ISO) adopted and published the ISO 37001 certification in October 2016 based on international consensus, as the need for international standard guidelines for compliance management systems in both public and private sectors has emerged worldwide. Recently, the domestic investment industry has also shown interest in acquiring ISO 37001 certification to create a sound investment environment and secure the trust of stakeholders with investment partnerships.

Since its launch last year, SK Square has operated a company-wide ESG promotion task force (TF) and has been working to obtain related certifications by establishing anti-corruption management system operation regulations, conducting internal and external corruption risk assessments, and setting anti-corruption goals.

In addition, SK Square has accelerated ESG management by joining the Task Force on Climate-related Financial Disclosures (TCFD), established in 2015 by the Financial Stability Board (FSB), an international organization, to address climate issues in the financial industry. Going forward, it plans to support decision-making by internal and external stakeholders, including investors, through disclosure of climate-related ESG information.

SK Square revealed its ESG management vision of "Sustainable growth through value investing that considers the future" through the revamp of its official website.

To achieve the ESG management vision, it has set detailed policies to realize ▲ ESG investment portfolio management to achieve carbon neutrality (Net-Zero) by 2040 ▲ creation of social value for the happiness of employees and coexistence with partner companies and local communities ▲ establishment of transparent governance through ESG governance.

SK Square is establishing and reviewing ESG management strategies for the company’s sustainable development centered on the ‘ESG Committee,’ one of the five major committees under the board of directors.

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