Top 2.3% of All Companies
Korea Zinc announced on the 12th that it achieved an A+ rating in the first half of 2024 ESG (Environmental, Social, and Governance) evaluation conducted by the Korea ESG Institute, ranking first in the steel and metal industry.
The Korea ESG Institute, one of the top three ESG evaluation organizations in Korea, recently disclosed the evaluation results of 1,092 listed companies in Korea through the Korea Exchange. Korea Zinc recorded the highest score among 47 companies in the steel and metal industry. Among the evaluated listed companies, it achieved an excellent result, ranking in the top 2.3%.
In May, Korea Zinc convened the 2nd Sustainable Management Committee meeting of the year and held the session. [Photo by Korea Zinc]
Korea Zinc received positive evaluations in the corporate governance sector, with its evaluation score increasing by more than 30% compared to the previous year. Key improvements included the separation of the chairman of the board and CEO roles, the appointment of a compliance officer, strengthening shareholder return policies such as interim dividends and share buybacks and cancellations, and increased diversity within the board of directors. Efforts to fulfill environmental and social responsibilities, such as establishing a carbon neutrality roadmap, completing Life Cycle Assessment (LCA), publishing a responsible minerals report, holding Investor Day, and expanding investments in safety management, also received high marks.
A Korea Zinc official stated, "This achievement is the result of the company's continuous efforts to improve ESG," adding, "We will continue to do our best in all ESG sectors." In June, Korea Zinc was also ranked second among companies with assets exceeding 2 trillion KRW in the SustainBest ESG evaluation, being selected as number one in the manufacturing sector.
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