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HYBE published its first Sustainability Management Report on the 28th. This is the first time the company has released such a report since its establishment.

HYBE's proposed vision for sustainability management is 'FOR SUSTAINABLE ENTERTAINMENT.' The intention is to seek sustainable growth across the entire entertainment industry through sustainable management. Bang Si-hyuk, Chairman of HYBE, stated at the beginning of the report, “We will be a company that proactively considers the sustainability of the entertainment industry and contributes to society through our core business,” adding, “Through this, we will establish ourselves as a company that brings positive change to the entire entertainment industry.”

Detailed visions considering environmental, social, and governance aspects were also presented. The first detailed vision is 'THINK FORWARD FOR FAN’S LIFESTYLE,' aimed at enriching fans' lifestyles. Key tasks to achieve this vision include ▲utilizing eco-friendly materials ▲developing convenience services based on Weverse and improving fan accessibility. The second detailed vision is 'CREATE POSSIBILITIES WITH THE COMMUNITY,' focusing on building the future of the entertainment industry together with the community. Major activities include ▲strengthening employee diversity ▲managing human rights risks at a global level ▲advancing ethical management and compliance systems.

HYBE also plans to thoroughly establish 'LEAD INDUSTRIES BY THE STANDARD,' governance that sets the standard for the entertainment industry. To this end, the company will focus on ▲providing a safe working environment ▲strengthening disclosure of sustainability management information ▲minimizing information security risks. Ten key issues to be prioritized for sustainability management were also disclosed: ▲eco-friendly official merchandise and environmental investments ▲response to climate change ▲content quality management ▲information security and personal data protection ▲flexible and smart organizational culture ▲talent acquisition and development ▲marketing risk management ▲transparent board operations ▲stakeholder engagement and communication ▲strengthening global competitiveness. Park Ji-won, CEO of HYBE, said, “We will prove that entertainment is a sustainable industry,” and added, “We will transparently communicate the status of sustainability management through regularly published sustainability management reports.”

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