LX Chairman Koo Bon-jun: "Creating Better Corporate Value Through Communication and Cooperation"

Gu Bon-jun, Chairman of LX Group, stated, "We will work together to contemplate the future and create greater corporate value through sincere communication and cooperation."

In the group's first ESG (Environmental, Social, Governance) report published on the 28th, Chairman Gu said, "We feel a heavy responsibility for ESG management as a process to advance toward a sustainable future, and we are making relentless efforts with sincere preparation and practice."

Chairman Gu evaluated the current economic situation, saying, "Although we have entered a new phase with the COVID-19 endemic, uncertainties due to technological competition, resources and energy, and climate change have increased," and "Various crisis factors caused by changes in the global economic and industrial landscape are continuously intensifying."

He added, "The group's ESG vision, 'LINK FOR NEXT,' embodies the meanings of 'connection,' 'virtuous cycle,' and 'infinite possibilities,'" emphasizing, "To realize the ESG vision, LX Group will minimize environmental impact, uphold the values of respect and coexistence, and strengthen transparency in governance."

Since the group's founding year in 2021, Chairman Gu has prioritized ESG in management and emphasized the commitment to practice both internally and externally. LX Group has completed the establishment of ESG committees under the boards of directors of all listed affiliates and is making multifaceted efforts such as analyzing the ESG management environment of each affiliate and reorganizing related systems.

In this report, LX Holdings established the group's ESG strategic framework and identified six core tasks: △establishing environmental management policies △building an environmental impact management system △supporting stakeholder and local community co-growth △establishing supply chain management systems △building ESG governance systems △and fostering a culture of ethical management.

The report also includes the ESG management strategies and achievements of six affiliates: LX International, LX Pantos, LX Hausys, LX Semicon, LX MMA, and LX MDI.

No Jin-seo, CEO of LX Holdings, said, "As a result of focusing on establishing the group's ESG direction and securing strategies, we have published the group's first integrated ESG report," adding, "We will concentrate our capabilities on internalizing ESG management and create a sustainable future unique to LX."

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