LS Materials Earns "Silver" Rating in Global ESG Assessment

Top 15% Among Evaluated Companies
Establishing a Higher-Level ESG Management System
Emerging as a Key Requirement in AI Data Center Bids

LS Materials announced on the 26th that it has obtained a "Silver" rating in a global ESG (environment, social, and governance) assessment.

The Silver rating corresponds to the top 15% among all companies evaluated. The company explained that, after receiving a "Bronze" rating last year, it has risen by one level and established an ESG management system that meets global standards.

With this new rating, LS Materials is expected to further strengthen its global order-winning competitiveness. This is because, in the North American and European artificial intelligence (AI) data center (AIDC) and renewable energy markets, there is a growing number of cases where ESG assessment results for the supply chain are required as a bidding condition.

Employees of LS Materials are producing capacitors at the Gunpo plant. LS Materials.

This assessment was conducted by EcoVadis, a global ESG rating agency headquartered in France. EcoVadis evaluates companies in four key areas - environment, labor and human rights, ethics, and sustainable procurement - covering more than 150,000 companies in 185 countries worldwide.

LS Materials achieved strong performance in the environmental category through third-party verification of its greenhouse gas emissions. In addition, by being selected as an excellent company for fair recruitment, obtaining ISO 27001 certification, providing ESG training for partners, and improving its conflict minerals management system, the company enhanced its management transparency and the level of its supply chain management.

CEO Hong said, "ESG management is an essential factor for entering global markets," adding, "Based on our strengthened ESG competitiveness, we will continue to expand our presence in the global energy solutions market."

LS Materials is expanding its business into AI data centers and the renewable energy sector through its ultra-capacitor (UC)-based power quality stabilization solutions.