Doosan Fuel Cell Receives Consecutive Minister of Trade, Industry and Energy Awards for ESG Management Practices

Doosan Fuel Cell received the Minister of Trade, Industry and Energy Award at the 30th Corporate Innovation Awards held on the 7th at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul. After the event, Doosan Fuel Cell Executive Director Park Jun-young (fourth from the left) is taking a commemorative photo with employees. Photo by Doosan Fuel Cell

Doosan Fuel Cell has been consecutively awarded the Minister of Trade, Industry and Energy Award, recognizing its achievements in ESG (Environmental, Social, and Governance) management.

On the 15th, Doosan Fuel Cell announced that it received the Minister of Trade, Industry and Energy Award at the ‘2023 Sustainable Management Commendation’ ceremony held on the 14th at the FKI Tower in Yeongdeungpo-gu, Seoul.

The Sustainable Management Commendation is a domestic award in the field of sustainable management and ESG, hosted by the Ministry of Trade, Industry and Energy and organized by the Korea Productivity Center. It evaluates comprehensive sustainable management achievements and status in environment, society, and governance based on the K-ESG guidelines.

Doosan Fuel Cell has achieved results in various areas including ▲creating local jobs and employing people with disabilities ▲business-linked social contribution activities ▲discovering domestic partners and improving the localization rate of products ▲establishing an ESG performance management system ▲and continuously developing eco-friendly and high-efficiency products.

In particular, Doosan Fuel Cell is leading the activation of the hydrogen economy by supplying a total of 526.71 MW of its representative eco-friendly product, hydrogen fuel cells, domestically. It is also striving to explore business areas such as power generation mid-to-low temperature SOFC, ship-use SOFC, and eco-friendly mobility.

Earlier, on the 7th, Doosan Fuel Cell also received the Minister of Trade, Industry and Energy Award at the ‘30th Corporate Innovation Awards’ held at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul.

Co-hosted by the Korea Chamber of Commerce and Industry and the Ministry of Trade, Industry and Energy, the Corporate Innovation Awards recognize exemplary companies leading management innovation and ESG management practices to promote corporate innovation activities. Doosan Fuel Cell was highly evaluated for ▲establishing ESG strategic tasks and setting mid-to-long-term goals for each task ▲building an ESG management system for partners ▲and establishing an environmental management system.

Junyoung Park, Executive Director of Doosan Fuel Cell, said, "We are pleased that the activities and efforts pursued by all Doosan Fuel Cell employees for sustainable management have been recognized externally," adding, "We will continue to do our best to fulfill the company’s social responsibility by practicing ESG management."

Doosan Fuel Cell has been included in the Dow Jones Sustainability Index (DJSI) Korea for two consecutive years, including last year, and in October, it received a comprehensive A grade in the evaluation by the Korea Corporate Governance Service (KCGS).

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