Governance
We have restructured the portfolio to focus on core business areas that ensure future growth and maximum profitability.
We are pursuing strategies for stable growth over the long term.
ESG Rating
You can compare the assessment rating of our governance structure against
the Code of Best Practices for Corporate Governance.
Degree of Evaluation of ESG
| Year | Evaluation Agency | Overall | Environmental | Social | Governance |
|---|---|---|---|---|---|
| 2023 | Korea Institute of Corporate Governance and Sustainability | B+ | A | A+ | B |
| 2022 | Korea Institute of Corporate Governance and Sustainability | B | B+ | A | C |
| 2021 | Korea Institute of Corporate Governance and Sustainability | A | A+ | A | B+ |
| 2020 | Korea Institute of Corporate Governance and Sustainability | A | A | A+ | B+ |
| 2019 | Korea Institute of Corporate Governance and Sustainability | A | A | A+ | A |
| 2018 | Korea Institute of Corporate Governance and Sustainability | A | A | A+ | A |
| 2017 | Korea Institute of Corporate Governance and Sustainability | A | A | A | B+ |
| 2016 | Korea Institute of Corporate Governance and Sustainability | A | A | B+ | A |
| 2015 | Korea Institute of Corporate Governance and Sustainability | A | A | A | B+ |
| 2014 | Korea Institute of Corporate Governance and Sustainability | A | A | A | A |
| 2013 | Korea Institute of Corporate Governance and Sustainability | A+ | A+ | A+ | A |
| 2012 | Korea Institute of Corporate Governance and Sustainability | A | A | A+ | A |
| 2011 | Korea Institute of Corporate Governance and Sustainability | B+ | B | B+ | A |
| 2010 | Korea Institute of Corporate Governance and Sustainability | Very Good | - | - | - |
| 2009 | Korea Institute of Corporate Governance and Sustainability | Very Good | - | - | - |
| 2008 | Korea Institute of Corporate Governance and Sustainability | Very Good | - | - | - |
| 2007 | Korea Institute of Corporate Governance and Sustainability | Good | - | - | - |
| 2006 | Korea Institute of Corporate Governance and Sustainability | Good | - | - | - |
| 2005 | Korea Institute of Corporate Governance and Sustainability | Weak | - | - | - |
Comparisons with Good Corporate Governance Standards
| Good Corporate Governance Recommendations | Adopted | Remarks |
|---|---|---|
| Adoption of Charter of Corporate Governance | X | - |
| Voting in writing | O | - |
| Concentrated voting | X | - |
| Formation of BOD (with a majority of outside directors) | O | Outside Director : 4, Internal Director : 3 |
| Public announcement of BOD activities | O | - |
| Formation of a committee for the recommendation of directors | O | Operation of Outside Director Candidate Recommendation Committee (all outside directors) and Outside Director Candidate Recommendation Advisory Board |
| Formation of an audit committee | O | All outside directors |
| Establishment and public announcement of the regulations of corporate ethics | O | - |
| Public announcement of the difference compared to standard corporate governance | O | Posted on company homepage |
| To be covered by liability insurance with the company’s expenses for directors’ compensation for damages | O | Subscription of liability insurance for directors (renewed every year) |
| Exact certification of business report, etc. | O | Authentication of CEO and executive in charge (system) |