LIG Nex1 Publishes Its First Sustainability Report

“Internalizing ESG Management for Present Responsibility and Future Leadership”

Featuring Key Issues, Response Strategies, and Board Interviews

LIG Nex1 (CEO Shin Ikhyun) has published its first 'Sustainability Management Report,' which details the current status and key achievements of its ESG (Environmental, Social, and Governance) management activities.

The newly introduced 'LIG Nex1 Sustainability Management Report' consists of six core issues derived from a double materiality assessment and the establishment of response strategies, as well as the current status of ESG activities. In particular, the report is praised for its authenticity by including interviews with the LIG Nex1 Board of Directors on the necessity and commitment to ESG management.

LIG Nex1 plans to use the publication of this inaugural report as an opportunity to further internalize ESG management and strengthen communication with various stakeholders, including customers, partner companies, local communities, and employees.

Shin Ikhyun, CEO of LIG Nex1, stated, "ESG management, which fulfills our responsibilities to the environment and society and ensures transparency in corporate management, is an essential factor for the company's sustainable growth," adding, "With the publication of our first Sustainability Management Report, LIG Nex1 will become a company that takes responsibility for the present and leads the future."

LIG Nex1, which has established and implemented policies and tasks specialized for the defense industry based on an ESG Committee centered on outside directors, received the highest grade in the defense industry, 'AA grade,' in the 2024 ESG evaluation conducted by Morgan Stanley Capital International (MSCI) last June.

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