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

Table by 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

Table by 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)