NHN Establishes Dedicated Team to Strengthen ESG Management... 14 Group Companies Participate

NHN Office Play Museum

[Asia Economy Reporter Seungjin Lee] NHN is taking a full-scale step to strengthen ESG (Environmental, Social, and Governance) management.

On the 17th, NHN announced that it will establish a dedicated ESG organization at the group level and actively promote its ESG management strategy. The newly established ‘ESG TF’ operates directly under NHN CEO Woojin Jung and is composed of leaders and mid-level employees from departments related to environment, society, and governance.

Along with this, NHN has established an ‘ESG Council’ to expand ESG management across the entire group. The council includes representatives from 14 group companies, including NHN headquarters, NHN AD, NHN Academy, NHN Bigfoot, NHN Bugs, NHN Cloud, NHN Commerce, NHN DATA, NHN Dooray, NHN Edu, NHN Enterprise, NHN Korea Cyber Payment, NHN Link, and NHN Payco.

NHN plans to systematically promote ESG strategies and tasks by area centered on the newly established organization. The ‘ESG Council’ is responsible for internalizing ESG management throughout the NHN group and encouraging each company’s implementation and performance. The ‘ESG TF’ will establish and manage short- and mid-to-long-term tasks for each department according to the ESG management strategy roadmap.

Earlier in March, NHN established an ESG Committee under the board of directors and began preparations to strengthen ESG management. The ESG Committee consists of three outside directors to ensure objective and professional operation and risk management, with Professor Sangwook Kim of Hanyang University’s Department of Computer Software serving as the chair. The committee will deliberate and resolve major strategies and policies related to ESG management based on independence and will monitor task execution.

At the ESG Committee meeting held on the 9th, the establishment of the dedicated ESG organization and the NHN ESG promotion strategy plan were approved. According to the committee’s results, NHN’s ESG promotion strategy includes management philosophies such as ▲co-growth with local communities and SMEs through technology ▲realization of business value based on a people- and partner-centered corporate spirit ▲practice of sustainable environmental management based on eco-friendly services and energy efficiency. A sustainable management report containing future ESG management achievements will also be published.

NHN CEO Woojin Jung said, “Internalizing ESG management at the group level is expected to be a foothold for greater growth and vision realization in the next stage,” and added, “This year, we will actively operate the dedicated organization to build a systematic work system by gathering the ESG capabilities steadily built by each group company and establish NHN’s unique ESG value.”