Dong-A Socio Integrated Report 'Gamasot' Wins LACP Award

Dong-A Socio Holdings announced on the 21st that its 2022 group integrated report, "GAMASOT," won the grand prize in the integrated report category at the 2023 LACP Spotlight Awards hosted by the League of American Communications Professionals (LACP).

Donga Socio Holdings Group Integrated Report 'Gamasot'
[Photo by Donga Socio Holdings]

The "LACP Spotlight Awards" is the world's largest communication production competition held by the global marketing research organization, the League of American Communications Professionals (LACP), celebrating its 23rd edition this year. Every year, leading companies worldwide submit sustainability reports, annual reports, integrated reports, and more. This year, over 500 companies and institutions from 12 countries participated in the competition.

Dong-A Socio Group's GAMASOT is a report first published in 2020 to transparently disclose the group's financial and non-financial performance and efforts to fulfill social responsibilities, and to communicate with stakeholders. It was prepared according to the international guideline "GRI Standards" and includes content on social responsibility management, organizational culture, and environmental fields.

In this evaluation, GAMASOT received the highest scores in five of the six evaluation categories for integrated reports?content, design, creativity, clarity, and relevance?earning a total score of 99 out of 100 points. This marks the third time the integrated report has won the grand prize, following 2019 and 2020. In the global top 100 entries selected by LACP, GAMASOT has shown a rising trend, ranking 16th in 2020, 9th in 2021, and reaching the top tier at 5th place this year.

The report's name, GAMASOT, was inspired by the "Gamasot Spirit," which is the foundation of Dong-A Socio Group's founding principles of "Integrity, Sincerity, and Consideration." The Gamasot Spirit refers to the warm-hearted mindset of the late founder Chairman Kang Jung-hee, who, even during times of hardship, wished to personally serve rice cooked in a gamasot (traditional Korean cauldron) to every guest who visited his home, showing care and kindness to people.

The Dong-A Socio Group integrated report is scheduled to be published annually and can be viewed on the Dong-A Socio Group Integrity Management website.

Jung Jae-hoon, President of Dong-A Socio Holdings, said, "We are pleased that the report, which contains the history and efforts of Dong-A Socio Group for a sustainable future, has won the grand prize for three consecutive years. We will continue to uphold our founding spirit unwaveringly and practice social responsibility management to become a Dong-A Socio Group that walks together with diverse stakeholders."

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