Korea National Oil Corporation Wins Grand Prize at US Sustainable Management Report Competition
LACP Hosted, Perfect Scores in 5 out of 6 Evaluation Categories
Korea National Oil Corporation (President Kim Dong-seop) won the grand prize at the sustainability management report evaluation competition hosted by the League of American Communications Professionals (LACP).
On the 30th, the Oil Corporation announced that its 2023 Sustainability Management Report, published last October, received the Platinum award at the ‘LACP 2023 Inspire Awards’ organized by LACP.
This award is part of the world's largest communication production competition held by LACP, an international marketing and communication research organization. A total of 300 companies and institutions from 12 countries, including Fortune 500 companies and global enterprises, participated.
This year’s Korea National Oil Corporation Sustainability Management Report reflects the company’s management slogan, ‘Better Energy for Us & Earth,’ and includes various ESG management activities aimed at growing as an eco-friendly energy company.
The Oil Corporation’s report received perfect scores in five of the six evaluation categories?First Impression, Overall Narrative, Design, Message Clarity, and Recognition?earning a total of 99 points out of 100 and ranking 12th among all participating companies.
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A representative of Korea National Oil Corporation stated, “Since 2020, we have been consistently publishing sustainability management reports and strengthening communication with internal and external stakeholders,” adding, “We will continue to practice ESG management and devote efforts to sharing it with our stakeholders.”
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