Sampyo Cement Establishes ESG Committee Composed Entirely of Outside Directors

The First Case Among Domestic Cement Companies
Policy Resolution and Future Strategy Establishment

[Asia Economy Reporter Kim Bo-kyung] Sampyo Cement recently established an ESG (Environmental, Social, and Governance) Committee within its board of directors to strengthen ESG management and enhance corporate value. Sampyo Cement is currently the only cement company to separately establish and operate an ESG Committee within its board.

To ensure transparency and objectivity in company management, Sampyo Cement composed all members of the ESG Committee as outside directors. The ESG Committee will play a role in setting future directions, managing and supervising detailed management plans and operational performance. It will also deliberate policies to enhance the effectiveness of ESG management and establish sustainable future strategies for the company.

To this end, an ESG management task force team led by the CEO has been formed, selecting 129 execution tasks to be promoted step-by-step. The main execution tasks include ▲ leadership and governance ▲ risk management ▲ workplace safety and health ▲ information protection and community contribution ▲ board leadership ▲ shareholder rights protection, among others.

A Sampyo Cement official stated, "We recognize the importance of the paradigm shift from growth-centered management to sustainable management and plan to fulfill our social responsibilities."