For Environmental Conservation, Online-Only Starting This Year
"Last Year's Social Value Creation Achieved 301.5 Billion Won"
SKC unveiled a new ESG vision titled ‘ESG Solution Provider for the Next Generation.’
On the 30th, SKC announced the publication of its 2023 Sustainability Management Report, which includes this new vision. The new ESG vision embodies SKC’s corporate identity as a ‘global ESG materials solution company’ and aims to create a society where future generations can live more abundantly and safely through ESG management.
Since its first publication in 2020, this fourth report features sections such as ‘ESG Story,’ detailing the environmental, social, and governance innovation achievements of SKC and its investees; ‘Leap to Reap,’ explaining the strategies and goals of its business model; and ‘ESG Factbook,’ containing various ESG data.
SKC also disclosed its social value (SV) creation performance for last year. In 2022, SKC’s total SV creation amounted to 301.5 billion KRW. Although the ‘economic indirect contribution’ decreased compared to the previous year due to the sale of the film business, the ‘social performance’ showed growth based on steady social contributions and efforts for mutual growth with partner companies.
Starting this year, SKC will publish the Sustainability Management Report exclusively online without issuing offline booklets. Interactive features linking navigation within the report and various external content have been incorporated to enable readers to conveniently access diverse information about SKC’s ESG management.
An SKC representative stated, "We will achieve sustainable growth for future generations by boldly innovating our business model and practicing transparent and sincere ESG management," adding, "We make this promise to our stakeholders through this report."
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