Role of the ESG Committee Advisory Body
Doosan Corporation held the '1st Doosan Corporation ESG Advisory Committee' on the 22nd at Doosan Tower in Jung-gu, Seoul. President Moon Hong-seong of Doosan Corporation (fifth from the left), An Wan-gi, Chairman of the ESG Advisory Committee (sixth from the left), advisory committee members, and employees are posing for a commemorative photo after the appointment ceremony. Photo by Doosan Corporation
[Asia Economy Reporter Choi Seoyoon] Doosan Corporation has launched an ‘ESG Advisory Committee’ to enhance the execution capability of ESG management.
On the 22nd, Doosan Corporation held the ‘1st ESG Advisory Committee’ at Doosan Tower in Jung-gu, Seoul, with President Moon Hongseong, executives in charge of ESG divisions, and advisory committee members attending, and appointed the advisory committee members.
The ESG Advisory Committee serves as an advisory body to Doosan Corporation’s ESG Committee, reviewing ESG goals, tasks, and implementation levels, and advising on practical strategies to identify areas for improvement. The advisory members analyze ESG opportunities and risks based on Doosan’s business and propose ideas and share opinions to enhance business value.
The Doosan ESG Advisory Committee consists of seven external experts with expertise and experience in ESG areas including overall ESG management, sustainable investment, human rights, diversity, climate change and carbon neutrality, supply chain ESG and fair trade, and compliance. An Wanki, Chairman of the Korea Productivity Center, serves as the committee chair.
The advisory members are ▲ An Wanki, Chairman of the Korea Productivity Center (Chairman, ESG Management) ▲ Song Miseon, CEO of Hana Tour Co., Ltd. (ESG Management) ▲ Kang Changmo, Professor at Hanyang University Business School (Sustainable Finance and Investment) ▲ Lee Eunkyung, Director of the United Nations Global Compact Korea Network (Human Rights, Anti-corruption, Diversity) ▲ Kim Taehan, Senior Researcher at the Korea Socially Responsible Investment Forum (Climate Change, Carbon Neutrality) ▲ Shin Eonbin, Partner at ERM Korea (ESG Strategy, Environmental Safety, Supply Chain ESG) ▲ Lee Yeonwoo, Specialist at the ESG Lab of Bae, Kim & Lee LLC (Governance, Risk Management, Compliance).
President Moon Hongseong said, “We will operate the advisory committee as governance that can enhance rational decision-making and execution capability for ESG management,” adding, “We will listen carefully to the insights and suggestions of experts to upgrade ESG management integrated with business to the next level.”
Doosan Corporation plans to hold the advisory committee quarterly and share the discussions with employees and various stakeholders via email and ESG reports.
Meanwhile, since 2013, Doosan Corporation has been managing core issues and indicators in ESG areas by operating an ‘ESG Committee’ chaired by the CEO as the core foundation of ESG management. The ESG Committee consists of 10 divisions including green technology, environmental efficiency, labor indicators, supply chain ESG, and ethical management, directly managing and executing ESG management tasks based on business. By regularly publishing ESG reports every year, it transparently and objectively discloses ESG performance to stakeholders.
Additionally, Doosan Corporation has been included in the Dow Jones Sustainability Asia-Pacific Index and Korea Index for eight consecutive years and has received an A grade or higher for ten consecutive years in ESG evaluations by the Korea Corporate Governance Service.
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