Doosan Fuel Cell Joins UN Global Compact... Strengthening ESG Management

Annual Submission of Implementation Report

Doosan Fuel Cell announced on the 23rd that it has joined the UN Global Compact (UNGC).

Doosan Fuel Cell will comply with the 10 principles of the UNGC and plans to submit an implementation report every year to achieve the Sustainable Development Goals.

The UNGC, established in 2000 as a specialized agency under the UN, is the world's largest voluntary international agreement that adheres to 10 principles across four areas: human rights, labor, environment, and anti-corruption. The UNGC encourages companies to internalize these 10 principles into their management strategies and operations to ensure sustainability and enhance corporate citizenship awareness. Currently, over 20,000 member companies from 162 countries participate.

Yoo Yeon-cheol, Secretary-General of the UNGC, said, “As businesses that consider environmental impact become mainstream, Doosan Fuel Cell’s participation in the UNGC, leading the transition to a hydrogen society, is encouraging,” adding, “We hope this UNGC membership will help improve Doosan Fuel Cell’s ESG management.”

After the certificate awarding ceremony held on the 23rd at the UNGC Korea Association in Jung-gu, Seoul, Doosan Fuel Cell Executive Director Park Jun-young (right) and UNGC Secretary-General Yoo Yeon-cheol are taking a commemorative photo.
[Photo by Doosan Fuel Cell]

A representative from Doosan Fuel Cell stated, "For sustainable growth, companies must fulfill their social responsibilities and practice ESG management to secure global business competitiveness," and added, "We will grow as a leading hydrogen fuel cell company in ESG management, using our UNGC membership as a stepping stone."

Doosan Fuel Cell, which publishes an annual sustainability management report, was included in the 2022 Dow Jones Sustainability Index (DJSI) after receiving high evaluations in areas such as internal carbon pricing, environmental reporting, human resource development, labor and human rights, and industrial safety last year.

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