Environmental Foundation's Lee Mi-kyung Proposes Samsung SDI Outside Director... Executives Gather to Study ESG

Discussion on Building Consensus Among Executives and Strengthening Execution
Choi Yoon-ho "ESG, Not Responsibility but a Core Future Strategy"

Samsung SDI announced on the 1st that it held an ESG workshop attended by CEO Yoonho Choi and about 20 key executives, following a proposal by newly appointed outside director Miyoung Lee (representative of the Environmental Foundation).

The workshop proceeded in the order of discussing ESG management trends, the current level of Samsung SDI’s ESG management, and the direction for promoting ESG management that Samsung SDI should pursue. CEO Choi stated, "ESG management is not about a company fulfilling its social responsibilities, but a core strategy to build future competitiveness," adding, "To realize the 2030 vision of 'creating a sustainable eco-friendly future society through super-gap technological capabilities,' we will implement ESG management together with our partners and all stakeholders."

Choi Yoon-ho, President and CEO of Samsung SDI, and executives are discussing ways to strengthen ESG management at the 'ESG Workshop.'
[Photo by Samsung SDI]

After CEO Choi’s appointment, Samsung SDI established the 'Sustainable Management Committee' under the board of directors in January last year, and in February reorganized the 'ESG Strategy Group' within the planning team into the 'Sustainable Management Office,' a CFO-directly controlled organization. This year, ESG-dedicated organizations were also established within business divisions. In September last year, Samsung SDI joined the RE100 initiative, planning to achieve 100% renewable energy usage at all domestic and overseas business sites by 2050 in stages. In October, it declared 'New (Eco-Friendly) Environmental Management,' consisting of eight detailed tasks under two themes: 'Climate Change Response' and 'Resource Circulation.' At the end of the year, Samsung SDI was included in the Dow Jones Sustainability Index (DJSI) World for the 18th time, achieving the highest record among domestic companies.

President Choi and executives are discussing ways to strengthen ESG management at the 'ESG Workshop.'
[Photo by Samsung SDI]

This year, Samsung SDI joined the Global Battery Alliance (GBA) to build a sustainable battery value chain and expanded participation in global initiatives by joining the CDP (Carbon Disclosure Project) supply chain for ESG cooperation with partners. In May, it conducted 'Basic ESG Training' online for all domestic and overseas employees. Recently, following last year, the company is also conducting a company-wide 'ESG Idea Contest' that encourages practical implementation.