NCSoft Achieves Highest ESG Ratings Domestically and Internationally for Three Consecutive Years
NCSoft announced on the 27th that it has achieved the highest rating in the gaming industry for three consecutive years in domestic and international ESG (Environmental, Social, Governance) evaluations.
NCSoft was the only domestic game company to receive an AA rating from the global ESG rating agency Morgan Stanley Capital International (MSCI). Since 1999, MSCI has evaluated global listed companies on key ESG issues such as environmental management, human resource development, and governance, assigning a total of seven rating levels. NCSoft was classified as an ESG management leader group by receiving the AA rating for two consecutive years. In particular, it received high evaluations compared to the same industry group in information security, human resources, and governance management.
NCSoft also earned a comprehensive A rating for three consecutive years from the Korea Corporate Governance Service (KCGS), a major domestic ESG rating agency. Both MSCI and KCGS ratings are the highest among domestic game companies.
Furthermore, NCSoft achieved the distinction of being the first domestic game company to be included in the 2023 Dow Jones Sustainability Indices (DJSI) Asia Pacific index. The DJSI Asia Pacific index is awarded to the top 20% of companies in ESG management among 600 companies in the Asia-Pacific region.
Previously, in 2021, NCSoft established the first ESG Management Committee in the domestic gaming industry and has been making efforts to build an ESG management system, including publishing a sustainability management report.
Since last year, NCSoft has been practicing sustainable management by defining three core ESG management values: 'Right Enjoyment' to reduce hate and discrimination in content, 'Digital Responsibility' to consider ethics in technology and enhance service stability, and 'Social Qualitative Leap' to fulfill social responsibilities such as positive environmental impact.
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This year, NCSoft expanded the scope of greenhouse gas emissions reporting to a consolidated basis for the first time in the domestic gaming industry, including four domestic subsidiaries in its disclosures. It is the only domestic game company to expand the verification scope of greenhouse gas emissions to include some other indirect emissions (SCOPE 3) categories.
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