[Asia Economy Reporter Moon Chaeseok] Hanwha Corporation held a mid-year ESG (Environment, Social, Governance) management performance meeting on the 10th at the Hanwha Building in Janggyo-dong, Jung-gu, Seoul, to review the current status and share plans for the second half of the year.
Hanwha plans to present measures to enhance shareholder value from the governance perspective in the second half of this year.
The meeting was attended by executive representatives and staff from each division of Hanwha's ESG council, including environment and safety, fair trade, and governance.
In March last year, Hanwha established an ESG committee within the board of directors dedicated to ESG issues, and in April, launched an ESG council with six divisions under the ESG committee. This year, the ESG council has expanded to a total of ten sectors.
At this meeting, Hanwha first shared ESG management achievements such as the issuance of green bonds and the announcement of the Corporate Governance Charter. Among these, the smart mining solution "HATS" (Hanwha As a Total Solution), which enhances safety at blasting sites such as mines, was highlighted as an excellent case of integrating ESG management into product development. The council decided to continue implementing more practical ESG management in the second half of the year.
A Hanwha official stated, "In the second half of the year, we are currently gathering opinions from various stakeholders to establish measures to enhance shareholder value, which is one of the important elements in the governance (G) aspect of ESG management. We will strive to announce specific and practical measures to enhance shareholder value as soon as possible."
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