Youngpoong Scores High in Key RMAP Assessment, Demonstrating ESG Credibility

Risk Readiness Assessment
Achieves a Comprehensive Score of 93%

Youngpoong announced on July 4 that it received high marks in the preliminary assessment for the international certification known as the Responsible Minerals Assurance Process (RMAP), which evaluates whether the procurement of minerals used in non-ferrous metal smelting is ethical and responsible.

Youngpoong Headquarters. Asia Economy DB

This assessment, called the Risk Readiness Assessment (RRA), is overseen by the Responsible Business Alliance (RBA), a global corporate coalition. Youngpoong scored an average of over 93% in the governance, social, and environmental categories. This result satisfies the core requirements for RMAP certification, and Youngpoong plans to complete the certification process following an on-site audit in the future.

The RRA is a comprehensive procedure that evaluates a company's ESG (environmental, social, and governance) risk factors and the level of supply chain management. It is a key stage in the RMAP certification process.

A Youngpoong representative stated, "These high scores are the result of our ongoing efforts to strengthen ESG management," and added, "We will continue to pursue ethical management and build a sustainable supply chain in line with global standards."

Meanwhile, Youngpoong operates the Seokpo Smelter, the world's fourth-largest zinc smelter, and has continued to invest in environmental initiatives, including the introduction of a zero liquid discharge (ZLD) system at the smelter for the first time in 2021.

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