Taihan Electric Wire acquired an integrated A grade in ESG evaluation for two consecutive years

기사입력: 2022-11-26 10:56

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View of Taihan Electric Wire’s Dangjin Plant

Taihan Electric Wire (CEO Na Hyeong-gyun) announced that it had obtained an integrated “A grade (excellent)” for two consecutive years in the “2022 ESG Evaluation” conducted by the Korea ESG Standards Institute (KCGS). It is the only A grade in the cable industry, and Taihan Electric Wire is the first in the cable industry to achieve A grade for two consecutive years. Achieved A+ (excellent grade) for two consecutive years. In the 2022 evaluation, 79 out of 772 companies obtained A+ in the social category, which is in the top 10%. This is the highest grade that can be received in this evaluation as there is no company that received an S grade in all categories this year. This result is meaningful as it was obtained in a situation where the rating downgrade of all companies increased due to the revision of the evaluation model. explanation received. In fact, it has carried out various activities for the local community, such as the introduction of the Fair Trade Compliance Program (CP), blood donation campaign, and waste battery exchange events, as well as environmental protection activities such as coastal environment cleanup and endangered species habitat protection. . For sound corporate management, we are also taking the lead in establishing an advanced governance structure, such as announcing the Corporate Governance Charter. Recognized for our commitment to practice and omnidirectional activities, we obtained excellent results this year as well as last year,” he said.

On the other hand, ESG is an indicator for determining the non-financial performance of companies, such as environment, society, and governance. The level of sustainability management is evaluated by assigning ratings for each field and integration.