CJ Freshway Publishes '2022 ESG Report' Detailing Management Strategy and Performance

Selection of Major Issues Including 'Creating a Healthy Food Culture'

CJ Freshway announced on the 4th that it has published the '2022 ESG Report,' which contains its ESG (Environmental, Social, and Governance) management strategies and activity achievements.

Following last year, the ESG report published for the second time features the newly introduced 'double materiality' assessment. The double materiality assessment is an evaluation method that analyzes bidirectionally the impact of external environmental and social factors on a company's financial condition and the impact of management activities on the external environment. Considering this, CJ Freshway selected a total of six key ESG material issues and disclosed the implementation status for each item. In this assessment, new issues such as 'Creating a Healthy Food Culture' and 'Responsible Use of Raw Materials' were selected.

This year, the 'ESG Highlights' content notably provides detailed introductions of major activity achievements linked to material issues. Representative examples include business solutions for stakeholders, food culture education, expansion of sustainable products, and resource circulation activities in cooperation with local governments. The report vividly captures on-site stories by presenting not only the achievements of each activity but also in-depth interviews with key stakeholders who collaborated together.

Additionally, it explains the three major ESG strategic directions?▲Eco-friendly Distribution Environment (Planet) ▲Healthy Food Culture (Culture & Product) ▲Inclusive Society (People)?and activities carried out based on each strategy.

Jeon Eun-sook, Chairperson of the CJ Freshway ESG Committee, said, "Over the past year, we have strengthened the role of the ESG Committee and expanded the participation of outside directors with expertise in the ESG Committee to enhance the momentum for sustainable management. We will continue to make our best efforts so that CJ Freshway can establish itself as a model ESG company through various sustainable management activities."

CJ Freshway's ESG report can be found on the 'Sustainable Management' page on the company's official website.

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