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Health Technology Leader Philips on Track with its Environmental, Social, and Governance Commitments

Health Technology Leader Philips on Track with its Environmental, Social, and Governance Commitments

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 [...]

Verisk Maplecroft Launches Sovereign ESG Ratings

Verisk Maplecroft Launches Sovereign ESG Ratings

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 [...]

Schneider Electric Achieves Outstanding Performance in Four Corporate Sustainability Ratings

Schneider Electric Achieves Outstanding Performance in Four Corporate Sustainability Ratings

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, [...]

POSCO Joins Global ESG Standard Development Alliance

POSCO Joins Global ESG Standard Development Alliance

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 [...]

Foreign Tobacco Firms Embrace Eco-friendly Programs to Promote ESG Management

Foreign Tobacco Firms Embrace Eco-friendly Programs to Promote ESG Management

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 [...]

CCM-certified Businesses Show Better Performance in ESG Management

CCM-certified Businesses Show Better Performance in ESG Management

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 [...]

Daewoo Shipbuilding to Develop ESG Indexes for Korean Shipbuilders

Daewoo Shipbuilding to Develop ESG Indexes for Korean Shipbuilders

SEOUL, Dec. 6 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday that it plans to develop indexes to assess the performance of Korean shipbuilders’ ESG management activities. ESG is short for environmental, social and governance criteria using factors to evaluate companies on how far advanced they are in the sectors of [...]