Alteogen Enters Execution Phase of ESG Management

Alteogen, a bio platform company, announced on April 16 that it has completed the establishment of a company-wide ESG (Environmental, Social, and Governance) management system and has entered the execution phase based on data-driven operations.

The company previously laid the foundation for sustainable management by establishing an ESG committee and a dedicated department, as well as refining its environmental and governance frameworks. This time, by introducing an integrated ESG data management system, Alteogen aims to further advance the practical operation of its ESG initiatives.

Daejeon Alteogen Headquarters and Research Center View. Alteogen

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Alteogen has entered into an agreement with Logblack, a specialized ESG solutions provider, to implement an integrated data management platform. Through this platform, the company plans to standardize previously dispersed ESG-related data and establish a system that manages the entire lifecycle of data creation, verification, approval, and modification based on historical records. Alteogen expects that this system will improve data integrity and reliability, enabling more systematic management of its ESG performance.

In particular, the platform's greenhouse gas inventory management function allows the company to accurately calculate and monitor carbon emissions based on activity data from each emission source. This will serve as a foundation for setting future carbon neutrality targets and responding to global disclosure regulations.

Alongside the advancement of its ESG data management system, Alteogen has signed an advisory contract with the Sustainability Center of the Korean Standards Association (KSA) and is pursuing the publication of its first sustainability report in 2026. The company plans to release the report within the year, based on the Global Reporting Initiative (GRI) standards, in order to meet the requirements of global investors and stakeholders.

By introducing this data management system, Alteogen intends to systematically accumulate and analyze ESG-related information, preemptively identify and manage key risks, and strengthen the implementation of sustainable management practices. Additionally, the company expects that transparent information disclosure will enhance trust among global investors and partner companies.

CEO Jeon Taeyeon stated, "If the previous focus was on establishing the foundation for ESG management, we have now entered the stage of enhancing execution through a data-driven management system. By systematically managing and transparently disclosing data related to sustainable management, we will continue to strengthen our management practices in line with global standards."

ESG Management Director Lee Jangho commented, "ESG data must be managed with consistent standards throughout the entire process, from creation and verification to approval, rather than simply collecting it. Through the introduction of this platform, we will establish a data tracking and history-based management system, and use it to ensure the reliability of data required for preparing sustainability reports and complying with external disclosure requirements."

Meanwhile, Alteogen has declared this year as the first year of ESG management and is steadily working to build and implement a sustainable management system that meets global standards in a phased approach.

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