Kangwon Land Wins Grand Prize at the 3rd Korea Public ESG Management Awards... Leading in ESG Management

Recognized for ESG Implementation System
in Evaluation Based on K-ESG Guidelines

Kangwon Land (Acting CEO Choi Cheolgyu) announced on December 31 that it received the Grand Prize in the Public Enterprise Industrial Promotion Service category at the 3rd Korea Public ESG Management Awards ceremony, which was held on December 30 at the National Assembly Members' Office Building in Yeouido, Seoul.

Kangwon Land (Acting CEO Choi Cheolgyu) received the Grand Prize in the Public Enterprise Industrial Promotion Service category at the 3rd Korea Public ESG Management Awards ceremony held on the 30th at the National Assembly Members' Office Building in Yeouido, Seoul. Provided by Kangwon Land

This awards ceremony was hosted by the Korea Public ESG Research Institute and organized by the office of Assemblywoman Lee Soyoung. It was established to assess the level of ESG management implementation among public institutions and to promote the spread of a sustainable management culture.

The evaluation was conducted on 300 organizations nationwide, including public enterprises, quasi-governmental institutions, other public agencies, and local public enterprises. The assessment was based on a checklist of 66 items developed from the 'K-ESG Guidelines' announced by the Ministry of Trade, Industry and Energy, and included both quantitative and qualitative reviews.

Kangwon Land was awarded the Grand Prize in the Industrial Promotion Service category for being recognized for its stable establishment of an ESG implementation system across all areas, including information disclosure, environment, society, and governance.

In particular, the balanced release of ESG-related information to stakeholders and the systematic management foundation established for each ESG sector were cited as positive factors that contributed to the honor of receiving the Grand Prize.

Kangwon Land has achieved an integrated A grade for six consecutive years in the Korea ESG Standards Institute (KCGS) evaluation, and its suitability in ESG management implementation was once again confirmed through the evaluation based on the K-ESG Guidelines, which reflect the characteristics of the public sector.

Acting CEO Choi stated, "This award is the result of our continued efforts to make ESG not just a short-term achievement but an integral part of our organization," and added, "We will continue to fulfill our responsibilities as a public enterprise through even more transparent and accountable management."