Hansol Holdings, KCGS ESG Evaluation Achieves Integrated A Grade for 4 Consecutive Years

Myung-gil Lee, CEO of Hansol Holdings.

Hansol Holdings announced on the 15th that it has received a comprehensive 'A grade' for four consecutive years in the ESG evaluation results published annually by the Korea Corporate Governance Service (KCGS).

The Korea ESG Standards Institute is a leading ESG evaluation organization in South Korea. It evaluates the sustainability management level of listed companies every year and announces ESG ratings. In this evaluation, Hansol Holdings received an A grade in the Social (S) and Governance (G) categories among the three ESG evaluation sectors, achieving an overall 'A grade.'

An A grade indicates that the company has appropriately established the system presented in the Corporate Governance Best Practices and has a low likelihood of shareholder value impairment due to non-financial risks. Companies that received an A grade or higher in the governance category, including Hansol Holdings, account for about 15% of all evaluated companies.

Hansol Paper, a major affiliate of Hansol Holdings, recorded a consistent A grade across all sectors including Environment, Social, and Governance. It achieved an overall A grade, one level higher than last year.

A Hansol Holdings representative stated, “Hansol Group has continuously made efforts to advance ESG management by establishing its own ESG data management system and integrating all non-financial data management systems within the group. We believe that receiving an A grade for four consecutive years is a recognition of the company’s efforts.”

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