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Top Firms Invest Big in Environment, Safety Areas in 2022

Top Firms Invest Big in Environment, Safety Areas in 2022

SEOUL, Jan. 18 (Korea Bizwire) — Major South Korean companies spent more than 5 trillion won (US$4.04 billion) in 2022 to help cut air pollution and promote workplace safety as part of their so-called environment, social and governance (ESG) management, a report said Wednesday. The country’s top 100 firms by sales invested 5.44 trillion won [...]

SK hynix Sets Up Sustainability Reporting System

SK hynix Sets Up Sustainability Reporting System

SEOUL, Dec. 27 (Korea Bizwire) — SK hynix Inc. said Monday it had set up the Sustainability Reporting System (SRS) to comprehensively unveil its environmental, social and governance (ESG)-related data. The SRS will disclose the memory chip maker’s ESG strategies, objectives, activities, performance and policies. A variety of ESG information ranging from the point of orientation [...]

Verisk Ranks Third on Investor’s Business Daily’s 100 Best ESG Company List

Verisk Ranks Third on Investor’s Business Daily’s 100 Best ESG Company List

JERSEY CITY, N.J., Oct. 25 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, has been ranked 3 out of 100 Best ESG Companies in 2022 by Investor’s Business Daily. The fourth annual list recognizes companies with superior environmental, social and governance (ESG) ratings, in addition to fundamental and technical stock performance. “Our ranking on the [...]

Constellation Brands Publishes ESG Impact Report, Advancing a Future Worth Reaching For

Constellation Brands Publishes ESG Impact Report, Advancing a Future Worth Reaching For

VICTOR, N.Y., Oct. 13 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, published today its inaugural ESG Impact Report – an evolution of the company’s Corporate Social Responsibility reports – highlighting established commitments and targets to positively impact the planet and its people, and progress made toward achieving them. To enable [...]

Daewoo Shipbuilding Develops ESG Assessment Indexes

Daewoo Shipbuilding Develops ESG Assessment Indexes

SEOUL, Sept. 22 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed indexes to assess the performance of its ESG management activities for the first time among local shipyards. DSME, a major local shipbuilder, said it has applied the 146 ESG indexes to its Okpo shipyard on Geoje Island, [...]

Verisk Expands Geospatial ESG Risk Capabilities with New Industry Risk Analytics

Verisk Expands Geospatial ESG Risk Capabilities with New Industry Risk Analytics

LONDON, Sept. 8 (Korea Bizwire) — Verisk Maplecroft, a global risk analytics business of Verisk (Nasdaq: VRSK), has launched its new Industry Risk Analytics to provide companies, insurers and financial institutions with a new geospatial risk solution that identifies the exposure of 80 sectors to 52 different ESG and political risks across 198 countries. The data [...]

Travel Agencies Release Tour Packages with Volunteer Programs and Environmental Activities

Travel Agencies Release Tour Packages with Volunteer Programs and Environmental Activities

SEOUL, Aug. 24 (Korea Bizwire) – Travel agencies are coming up with the so-called “value travel” packages to attract customers in their 20s and 30s and bolster environmental, social and governance (ESG)-related activities. Yellow Balloon Tour released a “1 Day Tour + 5 Day Free” travel package to Hawaii. The package brings travelers to Kualoa Ranch, where the [...]

Schneider Electric Makes Steady Progress Toward 2025 Sustainability Targets

Schneider Electric Makes Steady Progress Toward 2025 Sustainability Targets

Rueil-Malmaison (France), July 28 (Korea Bizwire) ─ Schneider Electric, the leader in the digital transformation of energy management and automation, announced today the results of its sustainable impact program for the second quarter of 2022. Schneider’s Sustainability Impact (SSI) scored 4.17 out of ten, relative to its 4.70 year-end target. The SSI dashboard measures Schneider’s Environmental, Social and Governance [...]

Korean Drug Firms Double Down on ESG Management

Korean Drug Firms Double Down on ESG Management

SEOUL, July 11 (Korea Bizwire) — South Korean drug companies and biotech firms are stepping up to advance environmental, social, and governance (ESG) management following the coronavirus pandemic and concerns over global warming. SK Bioscience Co. said in its ESG report published last month for the first time since its establishment that it had generated [...]