Samsung Electro-Mechanics, First in Korea to be Included in the 'DJSI World Index' for 16 Consecutive Years

Jang Deok-hyun "Will Become the Top Growth Company Creating Sustainable Value"

Samsung Electro-Mechanics has been selected for 16 consecutive years on the 'Dow Jones Sustainability Index (DJSI)' list, chosen by the US-based Standard & Poor's (S&P) Global for the first time in Korea. This recognition comes as a result of high evaluations in waste and supply chain management, as well as materiality assessment.

Samsung Electro-Mechanics Suwon Plant view. Photo by Samsung Electro-Mechanics

Samsung Electro-Mechanics announced on the 23rd that it has been included in the DJSI World Index for 16 consecutive years since 2009. The DJSI is the first global Environmental, Social, and Governance (ESG) index initiated by S&P Global in 1999. It evaluates the ESG management of approximately 3,000 companies worldwide by market capitalization every year. The DJSI Asia Pacific evaluates about 600 companies within the Asia-Pacific region, and the DJSI Korea evaluates about 200 companies within Korea. Among the evaluated companies, the top 10-15% are selected for the DJSI World.

Samsung Electro-Mechanics explained that it applies sustainable global environmental practices, positive social impact, and transparent decision-making and communication to its management activities. To expand board diversity, it maintains a female outside director ratio of over 50%. An outside director chairs the board to strengthen its independence. The company is responding to climate change and managing to minimize environmental impact. It fosters a corporate culture of mutual respect and promotes adherence to safety work rules.

Samsung Electro-Mechanics stated that it received high evaluations in waste management, supply chain management, and materiality in this assessment. The company has been conducting company-wide waste management and supply chain evaluation activities. These include producing work uniforms by recycling waste PET film from multilayer ceramic capacitors (MLCC), conducting regular sustainability management evaluations for partners, operating high-efficiency facilities, and establishing a responsible minerals management system.

Samsung Electro-Mechanics said it pursues ESG management with the 3Ps (Planet, People, Progress) as its ESG management keywords, focusing on efforts for the environment, the happiness of its members, and sustainable growth. This is to realize its ESG mission of "Sustainable Challenges for a Better Earth and Life."

Jang Deok-hyun, President of Samsung Electro-Mechanics, said, "We will lead the way in creating sustainable value by pursuing eco-friendliness, positive social impact, and transparent organizational culture, and leap forward as the best growth company."

Samsung Electro-Mechanics also stated that it has been recognized for its ESG performance not only by DJSI but also by various sustainability management evaluation organizations. It has been selected for 14 consecutive years on the FTSE4Good Index, created by the UK Financial Times Stock Exchange (FTSE) Group. All domestic and overseas business sites have received 'Zero Waste to Landfill' certification.

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