Ssangyong C&E Selected as No.1 Company in Cement Industry for 11 Consecutive Years in KSI

First Construction-Related Industry Inducted into the Hall of Fame
Received Higher Scores Across All Categories Compared to Last Year

Ssangyong C&E announced on the 28th that it was selected as the No. 1 company in the cement industry in the ‘2024 Korea Sustainability Index (KSI)’ evaluation.

Lee Hyun-jun, President of Ssangyong C&E (left), is taking a commemorative photo on the 28th after being selected as the No. 1 company in the cement industry for 11 consecutive years at the '2024 Korea Sustainability Conference.' Photo by Ssangyong C&E

With this award, Ssangyong C&E has achieved the No. 1 position in the KSI for 11 consecutive years. Last year, it was selected as the No. 1 company in the KSI evaluation for 10 consecutive years and was the first company in the construction-related industry to be inducted into the Hall of Fame.

The KSI is an index that evaluates sustainability based on the seven core subjects and 40 sub-issues of each subject of the international standard for corporate social responsibility, ‘ISO 26000,’ conducted by the ESG (Environment, Social, Governance) Management Promotion Team of the Korea Standards Association. The seven core subjects of ISO 26000 are organizational governance (management system), human rights, labor practices, environment, fair operating practices, consumer issues, and community involvement and development.

This year’s evaluation involved stakeholders from 213 companies and institutions across 50 industries, with a total of approximately 27,000 samples participating.

Ssangyong C&E received higher scores across all areas compared to last year’s KSI evaluation index. In particular, it achieved the highest score in the ‘Sustainable Use of Resources’ category. It also received high evaluations in ‘Greenhouse Gas Emission Reduction for Climate Change Mitigation,’ ‘Guarantee of Basic Rights at Work,’ ‘Strengthening Accountability of Management Decision-Makers,’ and ‘Prevention of Air and Water Pollution and Waste Emission Management.’

Lee Hyun-jun, CEO of Ssangyong C&E, said, “The role of companies, which was previously focused on economic activities, has recently shifted with the introduction of ESG management to emphasize not only profit pursuit but also environment, safety, welfare, and community contribution. As a company leading ESG management in the domestic cement industry, we will always do our best to continue growing sustainably as a company that receives the highest evaluations.”

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