LX Semicon Achieves Highest 'AA' Rating in SustainBest ESG Evaluation

by Kim HyeongMin

Published 03 Dec.2024 10:50(KST)

Selected as an 'ESG Best Company'

LX Semicon announced on the 3rd that it has received the highest rating of 'AA grade' in the 2024 evaluation by Sustainvest, a specialized environmental, social, and governance (ESG) rating agency.

LX Semicon

This is one step up from the A grade it received last year. In addition, LX Semicon was also named among the 'Top 100 ESG Best Companies' selected by the rating agency. ESG Best Companies refers to the top 100 companies leading ESG management among publicly listed companies in Korea.

In this evaluation, LX Semicon earned a score of 90.96 by demonstrating improvement efforts across all areas of environment, society, and governance. The rating agency highly praised LX Semicon for expanding education and investment to enhance human resource management and expertise, as well as for conducting consulting and educational activities to support ESG management of partner companies. Furthermore, the agency viewed positively LX Semicon’s active declaration and implementation of ESG management by joining ESG-related initiatives such as UNGC (UN Global Compact) and K-RE100 (Korean RE100).

Yoon Yuntae, CEO of LX Semicon, stated, "Achieving the highest rating this time shows that LX Semicon is actively practicing ESG management," and emphasized, "We will continue to strive to create social value through sustainable management and become a trusted company for investors and customers."