SK Discovery Achieves Highest MSCI ESG Rating 'AAA'

Only 5 Domestic Companies Achieve Top Rating
Subsidiary SK Gas Also Receives AAA Rating

SK Discovery received the highest rating in the global ESG (Environmental, Social, and Governance) evaluation.

On the 18th, SK Discovery announced that it had achieved the highest AAA rating in the 2023 ESG evaluation conducted by Morgan Stanley Capital International (MSCI), a global investment information provider.

This marks a one-step improvement from the AA rating received last year.

Since 1999, MSCI has annually evaluated over 8,500 listed companies worldwide on key ESG issues, assigning ratings on a seven-level scale from CCC to AAA. The AAA rating, along with the AA rating, is referred to as the leader group, and it is known that only 7% of evaluated companies receive the AAA rating.

In this year's evaluation, five domestic companies received the AAA rating, including three SK Group companies: SK Discovery, SK Gas, and SK Inc.

The company analyzed that the evaluation reflected their independent efforts in individual areas such as ▲pursuing net zero ▲promoting human rights-centered management ▲achieving board-centered management performance, as well as establishing and implementing a systematic ESG management system together with subsidiaries as a holding company.

Jeon Gwang-hyun, President of SK Discovery, stated, "The carbon reduction and social issue resolution efforts that SK Discovery has undertaken together with its affiliates over the years have led to this evaluation," adding, "We will strive further to establish a more stable and sustainable ESG management system and culture and to spread it throughout our affiliates."

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