BYC Establishes Internal Transaction Committee... Full-Scale ESG Management Initiation

[Asia Economy Reporter Lee Seohui] BYC announced on the 19th that it has established an Internal Transactions Committee and will actively pursue ESG (Environmental, Social, and Governance) management.

The establishment of this Internal Transactions Committee was made to build a fair trade compliance system. Many outside directors belonging to the committee play a role in inspecting internal transactions with affiliated companies to enhance the transparency of company management.

BYC continues its ESG efforts for environmental protection. Since last year, it has been using recycled paper bags and launched the industry's first recycled products aimed at energy saving and environmental protection.

A BYC official stated, “We recognize the importance of ESG management and plan to expand ESG initiatives. We will continue to pay attention to environmental and social issues and strive to become a company that can grow together with society.”

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