SEOUL, March 9 (Korea Bizwire) — To create stronger incentives for environmental, social and governance (ESG) management that relies on non-financial factors, an increasing number of domestic and foreign firms are developing their own ESG indicators and reflecting them in the assessment of rewards for top management and executives. According to a report from the [...]
Amsterdam, the Netherlands, Feb. 22 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on its key Environmental, Social, and Governance (ESG) achievements in 2021 as it continues to deliver innovative health technology solutions around the world. These 2021 ESG achievements include 1.7 billion lives improved by [...]
LONDON, Feb. 17 (Korea Bizwire) — Verisk Maplecroft, a global risk analytics business of Verisk (Nasdaq:VRSK), has launched new Sovereign ESG Ratings to provide investors with the most comprehensive picture available of ESG risks and opportunities across the entire current and potential sovereign issuer universe. The Ratings, which extend Verisk Maplecroft’s growing presence as a [...]
SEOUL, Feb. 9 (Korea Bizwire) — The vast majority of large South Korean companies plan to expand their budget and personnel further for ESG departments this year, a major business lobby group said Tuesday. ESG is short for environmental, social and governance criteria using factors to evaluate companies on how far advanced they are in [...]
SEOUL, Feb. 3 (Korea Bizwire) — SK Telecom Co. is stepping up efforts to support the growth of startups in the environment, social and governance (ESG) sector. South Korea’s largest wireless carrier announced that it extended support to a total of 14 startups last year through its ESG Korea 2021 program. The company provided a variety [...]
Rueil-Malmaison (France), Jan. 12 (Korea Bizwire) – Schneider Electric, the leader in the digital transformation of energy management and automation, has delivered yet another strong year of Environmental, Social and Governance (ESG) performance based on 2021 ratings from independent and renowned corporate sustainability experts. Schneider Electric uses the annual ratings from four key external indexes: CDP Climate Change, [...]
SEOUL, Jan. 7 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, said Thursday that it joined the Value Balancing Alliance (VBA), a global business alliance organized to promote the development of global ESG standards by measuring ESG performance in a currency value and reflecting this data in account books. ESG is short for environmental, social [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Sunday it has moved up a notch to receive an A in the MSCI ESG Ratings assessment. MSCI, or Morgan Stanley Capital International, is an American rating agency that measures, among other things, a company’s resilience to long-term, financially relevant environmental, social [...]
SEOUL, Dec. 14 (Korea Bizwire) — Foreign tobacco companies have launched eco-friendly programs to promote environmental, social and governance (ESG) management. Philip Morris Korea is replacing packaging materials such as tape and bubble wrap that are used for the delivery of its IQOS tobacco heating device with eco-friendly paper materials on a gradual basis. It [...]
SEOUL, Dec. 8 (Korea Bizwire) — Businesses with Consumer-centered Management (CCM) certification tend to show better performance in environmental, social and governance (ESG) management, a consumer watchdog said Tuesday. The Korea Consumer Agency analyzed the annual CCM Certification Data from 2012 to 2020 and the ESG Performance Data compiled by the Korea Corporate Governance Service [...]