HK Innoen Achieves Top ESG Performance in Pharmaceutical and Biotechnology Sector in Sustinvest Evaluation

HK Innoen announced on the 26th that it received the highest grade (AA) in the "2025 Second Half ESG Evaluation Results" released by Sustinvest, an ESG (Environmental, Social, and Governance) evaluation agency. The company has now achieved the highest grade in four consecutive evaluations.

In addition, HK Innoen was ranked first among companies with assets between 500 billion and 2 trillion won in the "2025 Second Half ESG Best Companies 100," which was announced by Sustinvest and highlights 100 outstanding listed companies across all ESG areas. This further solidified its position as a leading ESG company.

HK Innoen Square located in Pangyo Techno Valley 2, Seongnam-si, Gyeonggi-do. HK Innoen

Sustinvest is one of the major ESG evaluation agencies in Korea, and its evaluation results are used as important decision-making criteria by investors. The agency assesses non-financial factors in the environmental, social, and governance areas and classifies companies into seven grades, from AA to E.

This evaluation covered 1,299 listed companies in Korea. HK Innoen received excellent ratings across all environmental, social, and governance categories, earning an overall AA grade and ranking first among 100 companies in the pharmaceutical, biotechnology, and bio sectors.

In the environmental sector, HK Innoen accelerated the implementation of its carbon neutrality roadmap and expanded the scope of its disclosures, thereby enhancing execution and transparency. The company reduced greenhouse gas emissions by purchasing Renewable Energy Certificates (REC) and extended the identification of disclosure targets, based on the Task Force on Climate-related Financial Disclosures (TCFD) and Taskforce on Nature-related Financial Disclosures (TNFD) standards, from sites near its business locations to its partners. HK Innoen also conducted Life Cycle Assessments (LCA) for major products, which will be reflected in future environmental strategies.

In the social sector, HK Innoen enhanced its supply chain management system to strengthen preemptive risk management. The company conducted due diligence on sustainability issues for key supply chains and provided ESG education to partner companies, systematizing support programs and sharing related issues. In addition, the scope of human rights impact assessments was expanded to include partner companies, raising the level of human rights risk management throughout the supply chain.

In the governance sector, HK Innoen directly linked ESG performance to the core performance indicators (KPI) of its management, thereby strengthening its responsible management system. The company included major ESG indicators, such as the implementation of the carbon neutrality roadmap, in the evaluation items for all executives and regularly monitors progress. The activities of the board of directors and outside directors are evaluated annually, and both the results and the Board Skill Matrix (BSM) are disclosed to enhance the professionalism of board operations. In June of this year, HK Innoen published its fourth sustainability management report, reflecting global disclosure standards and transparently releasing its ESG performance.

Kwark Dalwon, CEO of HK Innoen, stated, "HK Innoen is leading ESG management in the pharmaceutical and biotechnology industry based on company-wide ESG capabilities. We will further strengthen our ESG competencies and support systems by expanding management systems across the entire supply chain in all areas of environment, society, and governance, and build a sustainable, mutually beneficial model in which the entire supply chain grows together."

Meanwhile, HK Innoen is also taking the lead in mutual growth with local communities through ongoing social contribution activities. This year, the company was recognized as a Community Contribution Certified Institution for the third consecutive year. At the "Community Contribution Certification Day" event held on the 25th, it received the Minister of Health and Welfare Award in recognition of its contributions.

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