Internalization of UNGC 10 Principles
Annual Submission of SDGs Report
Kolon ENP, a specialist company in industrial engineering plastics, announced on the 9th that it has joined the United Nations Global Compact (UN Global Compact·UNGC) under the United Nations (UN) to strengthen its global business sustainability management competitiveness.
The UNGC is a voluntary corporate sustainability initiative launched by the UN in 2000. It encourages companies to fulfill their social responsibilities by applying ten principles related to environment, human rights, labor, and anti-corruption in their operations. Its main goal is to achieve the Sustainable Development Goals (SDGs) through responsible management.
Kolon ENP plans to incorporate the ten UNGC principles throughout its management and submit an annual Communication on Progress (COP) report to share its sustainability management performance.
On the 6th, at Kolon Tower in Gwacheon-si, Gyeonggi Province, Heo Seong, CEO of Kolon ENP (right), and Yoo Yeon-cheol, Secretary General of the UN Global Compact (UNGC) Korea Association, are taking a commemorative photo after the UNGC membership certificate handover ceremony. [Photo by Kolon ENP]
Huh Sung, CEO of Kolon ENP, stated, "Joining the UNGC is an important milestone in our company's sustainability management strategy," adding, "We will further advance our sustainability management strategy to become a responsible member of the international community."
Yoo Yeon-cheol, Secretary General of the UNGC Korea Network, said, "Kolon ENP's joining of the UNGC is very encouraging as it strives to develop and supply sustainable products through eco-friendly technologies."
This year, Kolon ENP published its first sustainability management report and is contributing to addressing the climate crisis through the development of low-carbon plastics and efforts to reduce carbon emissions.
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