Kakao Games Achieves A Grade in MSCI ESG Evaluation... Two-Step Improvement

Kakao Games announced on the 19th that it has achieved an A grade, two levels higher than the previous evaluation, in the 2023 ESG assessment conducted by Morgan Stanley Capital International (MSCI), a global ESG (Environmental, Social, and Governance) rating agency.

According to MSCI ESG evaluation data, Kakao Games received higher ratings compared to the same industry group in key ESG issues such as human resource management and governance. Kakao Games handles human rights-related grievances of internal and external stakeholders through its Cyber Ethics Reporting Center and Grievance Committee. Additionally, it operates a systematic employee performance evaluation and feedback process.

Furthermore, at the end of 2022, Kakao Games established an ESG Committee and a Compensation Committee under the board of directors, created a dedicated ESG team, and laid the organizational foundation to strengthen ESG management while transparently disclosing related information.

A Kakao Games representative stated, "We will continue to strive to achieve more meaningful results across all areas of environment, society, and governance through ESG-centered management activities and decision-making."

Meanwhile, Kakao Games is conducting various ESG activities, including ▲'Visiting Friends Game Land,' which provides opportunities to experience gaming culture using Kakao Friends characters ▲support projects for assistive devices to improve game accessibility for people with disabilities ▲donation campaigns based on participation from users and employees ▲and the publication of ESG reports that transparently contain ESG management strategies, achievements, future plans, and sustainability management status.

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