Kumho Petrochemical Included in Dow Jones Sustainability Index Korea

Chairman Park Chang-gu "Will Not Be Satisfied and Will Continue to Set an Example"

Exterior view of Kumho Petrochemical Yeosu Rubber Plant No. 2. Photo by Kumho Petrochemical

[Asia Economy Reporter Choi Seoyoon] Kumho Petrochemical announced on the 21st that it has been newly included in the 2022 Dow Jones Sustainability Index (DJSI) Korea.

DJSI is an index published annually by S&P Global, the world's largest financial information provider, which evaluates each company's ESG (Environmental, Social, and Governance) management. Notably, only about 50 of the top 205 companies in Korea with excellent ESG management were included in this year's DJSI Korea index.

Since last year, Kumho Petrochemical has been actively engaged in ESG activities, including establishing an ESG committee within the board of directors, creating a working team (ESG Management Team), declaring an ESG vision, announcing a carbon-neutral growth plan, and joining global initiatives such as the UNGC.

Park Chan-gu, Chairman of Kumho Petrochemical Group, said, "Our consistent efforts have borne fruit," adding, "Without complacency, we will continue to set an example of sustainable management as an industry-leading company."