Including This Year's Activities and Achievements
[Asia Economy Reporter Lim Chunhan] CJ ENM announced on the 28th that it has published the ‘2022 ESG Report,’ which details its ESG (Environmental, Social, and Governance) management activities and achievements for this year.
The Entertainment Division of CJ ENM launched the 'ECP Initiative,' the first of its kind in Korea, aimed at fostering a sustainable content industry, while the Commerce Division announced 'YESGO,' an ESG management policy designed for mutual growth with various partners. This report includes information related to the establishment of ESG management systems such as the newly acquired international standard certifications for environmental management (ISO 14001) and safety management system (ISO 22301), as well as environmental, safety, human rights, and ethics.
The Commerce Division of CJ ENM is leading an eco-friendly culture to encourage value-based consumption among customers and build a sustainable business ecosystem. To reduce waste and provide customers with a vivid non-face-to-face shopping experience, it established the industry’s first ‘Media Wall Dedicated Studio.’ In June, it fully replaced packaging materials for center-delivered products, including direct purchases, with eco-friendly paper tape, and in September, it supported 30 partner companies with paper tape supplies worth a total of 100 million KRW.
The ESG Report was prepared in compliance with global reporting standards such as the newly revised GRI Standards 2021 (Global Reporting Initiative) and SASB (The Sustainability Accounting Standards Board), and it received third-party verification from the Korea Management Registrar (KMR), recognizing the report’s reliability and completeness.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
A CJ ENM official stated, “As a leading company in the entertainment and commerce industries, we have actively and proactively promoted ESG management to create a sustainable industry,” adding, “We will continue to publish reports periodically that capture the ESG activities and achievements of each year.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
