Wemade Publishes 2022 Sustainability Management Report
Wemade announced on the 19th that it has published the '2022 Sustainability Management Report.'
Through this first report, Wemade disclosed its ESG (Environmental, Social, and Governance) management strategies, future goals, and key achievements in 2022. The report was prepared according to the three criteria of ▲Environment (responsible environmental management), ▲Social (inclusive growth for future generations), and ▲Governance (establishing transparent governance), following the Global Reporting Initiative (GRI) standards. It also incorporated indicators from the U.S. Sustainability Accounting Standards Board (SASB) and the United Nations Sustainable Development Goals (UN SDGs). The report’s reliability and fairness were ensured through verification by the Korea Management Registrar (KMR).
Wemade is striving to expand activities to reduce environmental impact and proactively respond to various issues. In particular, it verified its greenhouse gas emissions through the global certification body DNV Business Assurance Korea. Although Wemade is not obligated to verify or reduce greenhouse gas emissions, it voluntarily underwent third-party verification to demonstrate its commitment to environmental management.
In the social sector, Wemade introduced its personal information protection and information security activities, which are managed at a global standard level. Wemade continues responsible efforts to enhance transparency in digital asset management, including information disclosure compliance, securing safety measures, and blocking money laundering and illegal transactions.
In the governance sector, Wemade disclosed its Board Skill Matrix (BSM) indicator. The company pledged to implement sustainable management based on sound governance by promoting diversity and expertise within the board of directors.
Jang Hyun-guk, CEO of Wemade, stated, “We have established and are faithfully implementing an ESG management strategy that embodies core values for sustainable growth and the creation of a future ecosystem. As a leading company in blockchain technology, we will enhance management transparency and fulfill our social roles and responsibilities.”
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Meanwhile, Wemade joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate sustainability initiative, in May to advance its ESG management.
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