Leading the Way in Realizing ESG Values Such as Carbon Neutrality and Resource Circulation
L&F, a global comprehensive secondary battery materials company, announced on April 24 that it participated in the launch ceremony of the 'Industrial Complex ESG+ Council' led by the Korea Industrial Complex Corporation under the Ministry of Trade, Industry and Energy. The company stated that it will further strengthen its sustainable management leadership and take the lead in creating an ESG (Environmental, Social, and Governance) ecosystem tailored to industrial complexes.
The launch ceremony for the 'Industrial Complex ESG+ Council' was held the previous day at the Seoul Regional Headquarters of the Korea Industrial Complex Corporation. The event was attended by about 30 participants, including five companies selected as exemplary ESG management firms such as L&F, three related organizations such as the Win-Win Growth Committee and the Korea Productivity Center, and five experts. The ceremony featured presentations on the current status and agenda of ESG initiatives in industrial complexes, ESG practices involving both companies and local communities, and case studies linked to the agenda. Through active discussions, participants formed a consensus on the direction of ESG projects tailored to industrial complexes.
Operating under the slogan 'The First Step Toward Sustainable Industrial Complexes,' this council is a public-private partnership designed to discover ESG agendas specialized for industrial complexes and to connect them to commercialization and policy initiatives. As the only exemplary ESG management company among the participating firms, L&F plans to strengthen its role as a leading company by offering on-site business ideas for expanding ESG initiatives and support projects in industrial complexes through regular quarterly meetings.
Additionally, through its participation in the council, L&F aims to further solidify its sustainable management leadership by engaging in various areas such as greening industrial complexes and building ecological networks, establishing joint infrastructure for carbon neutrality and resource circulation, and supporting environmental improvements in industrial complexes.
Park Wonyoung, Head of the ESG Team at L&F, stated, "Through the activities of the Industrial Complex ESG+ Council, we want to create a model that enables core ESG challenges such as biodiversity conservation and the use of renewable energy to be addressed collectively at the industrial complex level, rather than by individual companies." He added, "As a leading company in the secondary battery materials industry, we will strengthen our ESG management leadership, contribute to enhancing the ESG capabilities of small and medium-sized enterprises within industrial complexes, and actively utilize our technologies and know-how related to carbon neutrality and the circular economy to help build the ESG ecosystem in industrial complexes."
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