S-OIL, 'Most Respected Company in Korea This Year' 1st Place for 8 Consecutive Years
High Ratings for Corporate Competitiveness and Brand Value: Simultaneous Awards for 'All Star 30 Companies' and 'No.1 in Refining Industry'
S-OIL (CEO: Anwar Al-Hejazi) has been selected for the 6th consecutive year as an All Star 30 (Top 30 Outstanding Companies) and ranked 1st in the refining industry for 8 consecutive years in the ‘2024 Most Admired Companies in Korea’ organized by the Korea Management Association Consulting (KMAC).
S-OIL Seo Jeong-gyu, Head of Domestic Sales Division (right), is taking a commemorative photo with Han Soo-hee, CEO of Korea Management Association Consulting (KMAC), at the '2024 Most Admired Companies in Korea' awards ceremony held on the 27th.
View original imageThe ‘Most Admired Companies in Korea’ are selected annually based on a comprehensive evaluation of six areas including innovation capability, customer value, and image value. S-OIL was honored with the award for 8 consecutive years in recognition of its efforts to satisfy all stakeholders.
Under its Vision 2030 of becoming the ‘Best Competitiveness and Creativity-driven Eco-friendly Energy Chemical Company,’ S-OIL has grown by building an optimal business portfolio harmonizing refining, petrochemicals, and lubricants, making leading facility investments anticipating energy trends, creative customer-centric brand marketing, ESG management for a sustainable society, talent development, and investments in digital transformation.
S-OIL is focusing its capabilities on expanding its petrochemical business and new businesses such as hydrogen. The ‘Shaheen Project,’ the largest petrochemical investment in Korea scheduled for completion in 2026, is expected to solidify the company’s profit structure and become a new growth engine enhancing competitiveness.
Additionally, S-OIL actively practices ESG management including carbon emission reduction according to its decarbonization roadmap, CSR activities with the social community, and establishing a transparent ethical management system. In recognition of these efforts, it is the only Asian refining company included in the ‘DJSI World’ for 14 consecutive years.
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S-OIL systematically manages its brand and conducts customer-centric brand marketing under the principle that “customers are the reason and purpose of the company’s existence, and customer satisfaction is the highest value the company pursues.” It operates differentiated consumer marketing programs including advertising campaigns featuring the character ‘Gudoil,’ card marketing, sports marketing, sales promotions, and service and quality management systems.
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