Daehan Electric Wire & Cable, Achieves ESG Grade A for 4 Consecutive Years

Korea ESG Standards Institute Evaluation... Social Sector A+

Daehan Electric Wire has announced on the 25th that it has continued its excellent performance in Environmental, Social, and Governance (ESG) management, receiving an integrated A grade (excellent) for four consecutive years from the Korea ESG Standards Institute. This recognition was given for its concrete ESG management activities, particularly in the social (S) sector.

Exterior view of Daehan Electric Wire Dangjin Plant. [Photo by Daehan Electric Wire]

Daehan Electric Wire stated that it has achieved an A grade for four consecutive years since 2021, when it was the only company in the wire industry to receive an A grade.

In this year's evaluation, the company received an A in the environmental (E) sector, an A+ in the social (S) sector, and a B+ in the governance (G) sector. It achieved an A+ in the social sector. Daehan Electric Wire explained that the background for obtaining the excellent grade was its prompt implementation of concrete and feasible ESG management activities.

Daehan Electric Wire established a carbon-neutral roadmap and installed solar power self-generation facilities at its Dangjin cable factory. It also engaged in environmental protection activities such as coastal cleanup and habitat protection for endangered species. To establish a sound corporate culture, the company enhanced its compliance system and strengthened communication with stakeholders.

A representative from Daehan Electric Wire said, "We will continue to discover and implement concrete and feasible ESG activities to create sustainable corporate value."