[Asia Economy Reporter Kim Hyemin] Hyundai Engineering & Construction announced on the 10th that it has been selected as the best company in climate change response for two consecutive years by the 'CDP (Carbon Disclosure Project) Korea Committee,' a global sustainability management evaluation organization.

Hyundai Construction Selected as Best Company for 'Climate Change Response'... Two Consecutive Years View original image

CDP is a non-profit international organization established in the UK in 2000 that requires major companies worldwide to disclose information for climate change response and publishes reports analyzing this data. These reports are regarded as one of the most credible indicators alongside the 'Dow Jones Sustainability Index (DJSI)' in sustainability evaluations.


Since 2014, Hyundai Engineering & Construction has received the 'Leadership A' rating for five consecutive years and was inducted into the Hall of Fame in 2018. It also recorded high scores in last year's CDP evaluation, maintaining its place in the Hall of Fame for five consecutive years. This time, it was recognized for its sustainability management achievements by being selected for the CDP's highest grade, the 'Platinum Club,' for two consecutive years. In addition, Hyundai Engineering & Construction has been included in the DJSI for 13 consecutive years and has obtained a comprehensive A grade in the Korea ESG Standards Institute (KCGS) evaluation.



Last year, Hyundai Engineering & Construction became the first domestic construction company to declare '2045 Carbon Neutrality' and published a report outlining its vision. A Hyundai Engineering & Construction official stated, "This is the result of proactively implementing a preemptive carbon-neutral management strategy linked to the national greenhouse gas reduction targets," adding, "We will continue to faithfully fulfill our roles and responsibilities as an eco-friendly leading company to realize global carbon neutrality."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing