Korea Zinc Earns 'A' Rating in MSCI ESG Assessment... Upgraded for Second Consecutive Year
High Marks Across All Areas of Environmental, Social, and Governance
Korea Zinc announced on the 13th that it has received an overall A rating in the Morgan Stanley Capital International (MSCI) ESG (Environmental, Social, and Governance) assessment.
The MSCI ESG assessment is a leading indicator for evaluating the ESG management capabilities of major listed companies worldwide, and consists of seven levels, ranging from AAA to CCC.
Korea Zinc’s grade rose from BB in 2024 to BBB last year, and has now improved by another level to an A rating this year, marking a two-year consecutive rise in its assessment.
Notably, the company received above-industry-average ratings in all areas—environmental, social, and governance—and scored higher than the previous year.
In the environmental sector, the company’s scores improved in categories such as hazardous substance and waste management, as well as natural capital management. In the social sector, Korea Zinc earned high marks for its efforts to enhance labor management and health and safety, as well as in the “community relations” category, which includes social contribution activities. In the governance sector, the board is composed of a majority of outside directors, enabling the company to effectively perform key oversight functions over the management, according to the assessment.
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A Korea Zinc representative stated, “The MSCI rating upgrade reflects the capital market’s recognition of our company-wide efforts to enhance ESG management capabilities. We will continue to maintain world-class competitiveness in our core business while achieving global-level competitiveness in all areas of ESG.”
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