Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Social
• Environmental

Environmental Achievements

• Reduced GHG emissions by 10% compared to the previous year (63,446 tCO2e)
• Completed Songdo G-Tower, Korea’s largest renewable energy building, producing 17.8% of its total energy use from renewable sources.
• Developed and implemented various environment-friendly technologies, including environment-friendly marine concrete, resource-reduced landfill technology, and advanced water treatment technology.

Social Achievements

• Achieved a 3.2% employee turnover rate, a decrease in the last three consecutive years.
• Increased the proportion of female managers by 27% to 65.
• Implemented various employee welfare programs, including family-friendly management and grievance mechanisms.
• Maintained zero disputes and strikes with the labor union for 15 years.
• Expanded philanthropic activities, spending 4,226 million KRW in 2012.

Governance Achievements

• Maintained an A+ credit rating.
• Implemented an integrated risk management system and ethical management practices.
• Established the Risk Management Department and Ethics Management Team to strengthen risk and ethical management.
• Improved the cost management system and implemented the integrated construction management system, BAROCON.

Climate Goals & Targets

Environmental Challenges

• Global economic downturn and stagnant construction market.
• Intensifying competition.

Mitigation Strategies

• Strategic expansion into foreign markets (46.1% of new orders and 42.0% of sales from foreign markets).
• Synergy with Korea Development Bank to reduce financing costs and strengthen financial stability.
• Development of an integrated construction management system (BAROCON) to enhance project management efficiency.
• Adoption of EPC Innovation (Efficiency, Process, Cost) as a core business focus.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Fair and transparent selection of partners.
• Improved cash payment proportion to 85%.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Strict global climate change regulations.
• Expanding regulations on environment-friendly building & construction.

Opportunities

• Expanding environment-friendly building products and services.
• Expanding environment-friendly building market.
• Expanding renewable energy market.

Reporting Standards

Frameworks Used: GRI G3.1 Guidelines and Construction & Real Estate Sector Supplement

Certifications: ISO 9001, ISO 14001, OHSAS 18001

Third-party Assurance: DNV

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Green Premium housing
• Environment-friendly construction materials
• Renewable energy technologies

Awards & Recognition

• 2011 Web Award Winner in integrated customer support
• 2010 Korea Internet Communication Award
• Chevron 2011 Safety Excellence Award (EGTL Site, Nigeria)
• Various green building certifications

Environmental Metrics

ESG Focus Areas

• Global E&C Leader
• Strengthening Technological Competitiveness
• Developing and Managing Construction Talent
• Creating Economic Value
• Environment-Friendly Construction
• Shared Growth
• Customer Satisfaction
• Ethical & Transparent Management

Environmental Achievements

• Won CDP KOREA Awards (Special Award) and was included in Climate Disclosure Leadership Index (CDLI)
• Reached target of 0.23% for cost of waste treatment to sales ratio
• Achieved zero environmental penalty points

Social Achievements

• Became the first domestic construction company to be selected and certified as the ‘Best Family-Friendly Company’ by the Ministry of Gender Equality and Family (MoGEF)
• Achieved 30 million accident-free hours in the Papua New Guinea LNG Plant Project
• Raised KRW 24.2 billion for the Win-win Fund

Governance Achievements

• Launched the Daewoo New-Way, a pledge of dedication towards fulfilling corporate social responsibility
• Established the Corporate Value Committee
• Published the Ethics Management Guidebook

Climate Goals & Targets

Environmental Challenges

• Extended depression in domestic construction market
• Continued growth in emerging markets
• Accelerated venturing of Korean firms into foreign markets
• Slow growth in global markets
• Increased risks in entering new markets
• Aggressive competition among foreign firms in the global market
• Sharp increase in construction demand in emerging markets
• Increased demand for overseas projects incorporating both investment and development
• Poor financial performance for domestic construction firms
• Increased risk due to over-expanded operations
• Lack of vitality in the domestic market including labor and production
• Difficulties in securing investments due to decreased corporate value
• Reduced profitability from the constricted domestic construction market
• Increased risk due to the diversification of overseas market and larger-scale projects
• Increased climate change regulation in Korea and abroad
• Increased resource stress
• Demands for environment-friendly site management made by ordering organizations
• The Greenhouse Gas and Energy Target Management Scheme, making emissions reductions obligatory
• High oil prices and resource scarcity leading to increased raw material costs
• Diffused culture of shared growth between conglomerates and SMEs
• Government’s strong will to implement economic democracy
• Increased cases of joint overseas expansion with business partners
• Damage to corporate image due to collusion and unfair trade practices
• Financial losses due to fines for violating fair trade laws or restrictions on bidding
• Increased consumer interest in safety and quality
• Rapid circulation of consumer complaints and issues via social media
• Injuries/fatalities and legal disputes due to faulty construction
• Damage to brand image and loss of revenue due to consumer boycotts
• Frequent cases of corruption in the construction industry
• Deepening distrust of the construction industry
• Stronger trend of ethical consumption
• Tarnished reputation when in case of corruption issues
• Possible disqualification in public sector bidding if unethical practices are uncovered
• Decreased employee satisfaction and morale

Mitigation Strategies

• Consolidating capabilities to overcome difficulties and create a new launch pad for growth
• Working continuously towards cost innovation and focusing on maximizing profitability and liquidity through a strategy of selection and concentration in winning contracts
• Securing internal stability and establishing a new corporate culture led by the ‘Corporate Value Committee’
• Consolidating sustainable operations by making our firm-wide risk management system more sophisticated with the newly expanded RM Division
• Announced the ‘Daewoo New-Way’ in November 2013, commemorating our 40th anniversary with compliance in corporate social, environmental and ethical responsibilities
• Strengthening ethics policies to eradicate all corruption and illegal activities
• Strive to achieve shared growth with our business partners through fair trade policies
• Strengthening our dominant position in key markets
• Expanding entry into new markets like Central & South America, and South Africa
• Analyzing potential new foreign markets
• Building strategies for expansion based on key markets
• Actively pursuing IPP projects
• Strengthened early project risk management and improved each aspect of the EPC structure
• Strengthened management of records and monitoring following investment deliberation
• Established power subsidiary, Daewoo Energy
• Expanded application of the business risk evaluation table for improved bidding competitiveness
• Minimization of profit volatility through risk deliberation
• Gain IPP business references
• Solidify early project monitoring system and link to computerization
• Develop specialized monitoring system for dual investment and development projects
• Identify and pursue new growth businesses
• Application of carbon capture technology in bidding for power plant projects
• Added revenue from trading carbon credits
• Reduced construction cost through recycling construction waste
• Set and reach targets for energy and resources conservation
• Zero cases of environmental law violations and accidents
• Set and reach targets for cost of waste treatment to sales ratio
• Participated in the MoLIT Construction industry Greenhouse Gas and Energy Target Management System pilot project
• Implemented the Waste Management Company Registration System nationwide
• Adopted and continuously operated of the ‘4 Guidelines of Fair Trade’
• Operated Unfair Trade Corruption hotline
• Maintained and strengthened mutual growth support
• Held Fair Trade Compliance Resolution Conference
• Executed Contracting Law training in each bureau
• Maintained quality management system certifications (ISO 9001, KEPIC, ASME)
• Implemented firm-wide quality control surveillance
• Unified customer communication channels
• Selected critical project for quality control and implemented surveillance
• Conducted procurement quality survey for domestic and overseas suppliers
• Established and operated integrated call center
• Strengthening of quality support for business divisions (continued management of critical projects)
• Expand and strengthening shop inspections for purchased materials
• Operate ‘Lifestyle Premiums’ and the Green Library
• Establish and systemize firm-wide ethics management
• Raise employees’ ethics awareness and minimize unethical actions
• Began operation of Ethics Help line
• Implemented employee ethics management training
• Performed firm-wide ethics management assessment
• Published the Ethics Management Guidebook
• Implemented Phase 1 of employee ethics awareness evaluation
• Implemented online employee ethics awareness self-assessment
• Execute ethics level assessment for individual business units
• Adopt Compliance Program

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Fair and rational standards in partner company selection and appraisal process
• Prioritize local firms to support SME growth

Climate-Related Risks & Opportunities

Physical Risks

• Increased average rainfall: Increased construction time due to flooding, negative impact on business durability due to increased moisture
• Temperature increase: Increased fugitive dust, negative impact on quality due to construction material damage
• Changes in natural resources: Instability in construction material sourcing, increase in construction time and cost

Transition Risks

• Greenhouse Gas and Energy Target Management Scheme: Cost incurred for improving GHG inventory
• Emissions Trading Scheme: Penalties for exceeding emissions cap
• Green Building Construction Support Act: Cost incurred for improving GHG inventory

Opportunities

• Greenhouse Gas and Energy Target Management Scheme: Reduced electricity cost with GHG reduction and offset penalty expenses with compliance
• Renewable Portfolio Standard: Business opportunities due to growth in renewable energy market
• Green Building Construction Support Act: Can gain comparative advantage with existing eco-friendly and low energy technology
• Increased average rainfall: Increased demand for post-disaster restoration and damage reduction facilities
• Temperature increase: Increased demand for high function insulation and low energy building construction suited for high temperatures

Reporting Standards

Frameworks Used: GRI G4 Guidelines, Construction & Real Estate Sector Supplement

Certifications: ISO 14001, OHSAS 18001, ASME, KEPIC, NBBI

Third-party Assurance: DNV GL Business Assurance Korea Ltd.

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Eco-friendly mass concrete
• CCS technology
• Biowaste to energy technology
• Green Premium homes

Awards & Recognition

• CDP KOREA Awards (Special Award)
• Climate Disclosure Leadership Index (CDLI)
• Best Family-Friendly Company (MoGEF)
• 2013 Korea Housing Service Awards, Service Development category (Grand Prize)

Environmental Metrics

ESG Focus Areas

• Compliance
• Health and Safety
• Eco-Friendly Construction
• Fair Trade
• Customer Satisfaction
• Ethical Management
• Shared Growth with Suppliers
• Climate Change
• GHG Emissions Reduction
• Eco-Friendly Technologies and Businesses
• Environmental Management
• Quality Management
• Information Protection
• Human Resources Development
• Labor-Management Relations
• Social Contribution

Environmental Achievements

• Reduced GHG emissions by 11.5% compared to the previous year
• Developed Green Premium technology for 80% energy-saving apartments
• Acquired Green Building preliminary certifications and Energy Efficiency Rating certification
• Constructed super-refineries in Kuwait and a combined cycle power plant in Pyeongtaek
• Developed eco-friendly high-liquidity filling technology

Social Achievements

• Ranked fifth in the 50 Best Korean Companies to work for
• Implemented a Compliance Program (CP) to raise credit ratings and minimize compliance risks
• Launched the ‘2014 New Start Campaign’ to address internal and external challenges
• Increased job-filling rates at overseas operation sites
• Improved the Global Human Resources (GHR) system for overseas human resources
• Increased local hires for overseas operation sites by 3,014
• Achieved an 86% job filling rate for foreign employees
• Donated KRW 500 million to Community Chest of Korea for the victims and families of Ferry Sewol
• Conducted various community service activities

Governance Achievements

• Introduced the Compliance Program (CP) in February 2015
• Established the Corporate Value Committee to increase corporate value
• Maintained ISO 27001 certification for information security management
• Acquired ISO 9001, KEPIC, ASME, and NBBI certifications for quality management
• Improved the risk management framework
• Established the Contract & Dispute Management Team to manage claims in overseas projects

Climate Goals & Targets

Environmental Challenges

• Intense competition in overseas markets
• Decrease and delay of orders due to the fall in oil prices
• Financial loss in the Independent Power Plant (IPP) business and overseas building works business
• Compliance risks
• Major accidents in the construction industry
• Unfavorable conditions in the Middle East (Oman)

Mitigation Strategies

• Successful turnaround and one of the best management performances among Korean construction companies
• Actively securing a well-balanced portfolio of projects
• Strengthening risk management and active deliberation
• Innovating production costs and reducing selling and administrative expenses
• Implementing the Compliance Program (CP)
• Launching the ‘2014 New Start Campaign’
• Improving business management in terms of risks, contracts, and operations
• Reorganizing corporate structure
• Reinforcing training schemes
• Improving the Global Human Resources (GHR) system
• Fostering respect for cultural diversity

Supply Chain Management

Responsible Procurement

• Fair selection and management of suppliers
• Support for suppliers (education, technology, finance, and communication)
• Promotion of shared growth throughout the supply chain
• Adoption of Fair Trade Compliance Program (CP)
• Established integrated computer system for selecting local suppliers in overseas operations
• Provided education on subcontract law and fair trade
• Raised shared growth fund

Climate-Related Risks & Opportunities

Physical Risks

• Increase in average precipitation
• Rise in temperature
• Changes in natural resources

Transition Risks

• Target Management System for GHG/energy
• Emissions trading
• Green Buildings Construction Support Act

Opportunities

• Cost saving by reducing GHG
• Growth of renewable energy market
• Competitive advantage with accumulated eco-friendly technologies

Reporting Standards

Frameworks Used: GRI G4 Guidelines, Construction & Real Estate Sector Supplement

Certifications: ISO 14001, OHSAS 18001, ISO 27001, ISO 9001, KEPIC, ASME, NBBI

Third-party Assurance: DNV GL

Sustainable Products & Innovation

• Green Premium products
• Eco-Friendly Mass Concrete
• Eco-friendly high-liquidity filling technology (DECO2-CQC)
• Power Cleaner (concrete crack repair product)

Awards & Recognition

• Order of Science and Technology Merit
• Presidential Award on Construction Technology’s day
• President’s Award for the Best Corporate Research Institute
• Green Technology of the Year Award
• Korean Apartments Awards (Green Energy sector)

Environmental Metrics

ESG Focus Areas

• Financially Stable Management
• Future Management
• Righteous Management

Environmental Achievements

• Received an “A” rating in KCGs ESG assessment for two consecutive years.
• Received an “A” rating in Sustinvest’s 2018 ESG assessment.
• Inje-Yangyang Tunnel received awards from domestic and overseas major institutions (winning three prizes).

Social Achievements

• Achieved 0 severe accidents in Housing & Building division in 2018.
• Operated the Mind-care Counseling Center to promote employee emotional health.
• Conducted the “Children Drawing Contest with Jung Dae woo” and “More Precious than Flowers” event.

Governance Achievements

• Received the certification for ISO 37001 Anti-Bribery Management System (ABMS) from the British Standards Institution (BSI) for the first time in the domestic construction industry.

Climate Goals & Targets

Environmental Challenges

• Concerns about profitability deterioration due to changes in the domestic and overseas economic environment, investment reduction, and cost increase.
• Intensified competition between domestic construction companies.
• Issues related to organizational culture and labor-management relations.

Mitigation Strategies

• Established a new vision and set practical tasks.
• Established six major strategies for the Civil project Division (maximization of order capability, reinforcement of PM capability, diversification of pivotal markets, cultivation of core products, expansion of the value chain, and taking the dominance of North Korea business in advance).
• Improved employee assessment program for more fairness and transparency.
• Implemented a range of campaigns to create a healthy corporate culture.

Supply Chain Management

Supplier Audits: 1,059 suppliers

Responsible Procurement

• Mutual growth fund of KRW 28 billion
• Fair trade guidelines for partnerships between large-scale companies and SMEs

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Third-party Assurance: DNV GL Business Assurance Korea, Ltd.

UN Sustainable Development Goals

• Goal 3
• Goal 4
• Goal 8
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 15
• Goal 17

The report aligns various initiatives with the UN SDGs.

Sustainable Products & Innovation

• PRUGIO apartments with green premium technology
• Fully prefabricated bridge
• Smart crack-resistant concrete

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Completed Jeju photovoltaic power generation project (46.4MW)
• Construction site waste recycling rate of 99.3%
• Developed ‘Green Premium’, energy saving housing product
• CDP rating improved to B in 2020

Social Achievements

• Supplied 33,148 households in 2020, ranking first in domestic housing supply performance
• Accident-free record of approximately 43 million hours in major overseas projects in 2020
• Expanded CLEAR safety culture program to 107 sites
• Increased share of female employees from 10.45% in 2019 to 11.15% in 2020
• Opened recruitment screening process to hire workers with disabilities (Jan. 1, 2021)

Governance Achievements

• Enacted Corporate Governance Charter in 2020
• Maintained Anti-Bribery Management System certification (ISO 37001)

Climate Goals & Targets

Environmental Challenges

• Global economic recession caused by COVID-19 outbreak and resulting uncertainties
• Continued real estate regulation policy and intensifying industry competition
• Complex and diversification of overseas business increasing the need for systematic risk management
• Sluggish domestic construction market

Mitigation Strategies

• Close cooperation with domestic and foreign financial institutions to manage liquidity
• Strengthened market monitoring focusing on strategic business sites
• Adopted Enterprise Risk Management (ERM) and developed an appropriate framework
• Established Global Marketing Group to expand base markets and explore new markets
• Expanded business portfolio to new businesses with sufficient potential for future growth

Supply Chain Management

Responsible Procurement

• Sustainability assessment of suppliers
• Fair trade training for employees
• Shared Growth Fund
• Training support for suppliers
• Voluntary protection of local partners

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products
• Entering the seawater desalination business
• Applying rainwater recycling technology
• Building zero-energy buildings
• Constructing new and renewable energy power plants
• Promoting biomass power generation business

Reporting Standards

Frameworks Used: GRI Standards, ISO 26000, UN SDGs

Certifications: ISO 14001, ISO 37001, ISO 27001, KOSHA18001, OSHAS18001

Third-party Assurance: KMR

UN Sustainable Development Goals

• Goal 3
• Goal 4
• Goal 7
• Goal 8
• Goal 9
• Goal 11
• Goal 13
• Goal 15

Daewoo E&C contributes to the achievement of UN SDGs based on its Vision 2025 and Sustainability Management Strategy.

Sustainable Products & Innovation

• Green Premium energy-saving residential product
• Smart home technology
• World's first cement-free eco-friendly mortar

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Safety Management
• Customer-oriented Management
• Talent Management
• Win-win Management
• New Growth Management

Environmental Achievements

• Achieved zero violations of major environmental laws.
• Waste recycling rate at construction sites: 99.73%
• Developed eco-friendly hybrid braced wall technology.
• Replaced hazardous chemicals with general chemicals.
• Established goals for achieving Carbon-Neutral by 2050.
• Won a project for the Yeongwol Eco-Wind Power Farm (46.2MW) construction.

Social Achievements

• Ranked No. 1 in housing supply for three consecutive years.
• Increased employee diversity (Ratio of female employees: 11.2% in 2020 -> 12.3% in 2021)
• Acquired certification as a “Family-friendly Company” by the Ministry of Gender Equality & Family
• Conducted education on compliance with the Fair Transactions in the Subcontracting Act (No. of people completed training in 2021: 5,346)
• Conducted social contribution activities such as projects to improve the residential environment for descendants of independence patriots

Governance Achievements

• Acquired the Anti-Bribery Management System certification (ISO 37001) for the first time in the construction industry.
• Implemented a compliance officer system to reinforce compliance management.
• Established the ESG management policy of “promoting ESG management that fulfills its social and environmental responsibilities”

Climate Goals & Targets

Environmental Challenges

• Increased market uncertainty
• Prolonged COVID-19 pandemic
• Stronger regulations regarding social responsibility
• Uncertainties in the global economy due to the prolonged COVID-19 pandemic
• Uncertainties in the domestic real estate market due to economic situations such as inflation and the re-spread of COVID-19, and political situations such as the impending presidential and local elections.

Mitigation Strategies

• Reorganized the organization putting the highest priority on protecting life and the environment.
• Introduced the CSO system to strengthen health and safety management efforts.
• Established practical measures for annual sustainability evaluation, identification of risks, and solidarity for suppliers’ safety and finance.
• Actively responding to turbulent trends by expanding the target market and value chain, investing and participating in new businesses and technologies.
• Strengthening market monitoring by utilizing the real estate market research platform (DW-RIS).
• Actively switching to a portfolio focusing on eco-friendly businesses.
• Building a culture that puts safety first.
• Innovating management infrastructure to build a stable organization and strengthen synergies between organizations.

Supply Chain Management

Responsible Procurement

• Sustainability Assessment of the Supply Chain: Fair evaluation based on sustainability when selecting suppliers
• Strengthening compliance with the Fair Transactions in the Subcontracting Act

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events such as floods and typhoons
• Extreme changes in precipitation patterns and climate patterns

Transition Risks

• Incorporation into the greenhouse gas emissions trading system
• Rising raw material prices

Opportunities

• Use of highly efficient products and logistics systems
• Development and expansion of low-carbon products and services
• Participation in renewable energy programs and introduction of measures to improve energy efficiency

Reporting Standards

Frameworks Used: GRI Standards (Core Options), UN Global Compact (UNGC) principles

Third-party Assurance: Korea Management Registrar (KMR)

UN Sustainable Development Goals

• SDG 07
• SDG 08
• SDG 09
• SDG 13

Initiatives contribute to these goals through energy efficiency, economic growth, sustainable industrialization, and climate change response.

Sustainable Products & Innovation

• Zero energy houses
• Eco-friendly hybrid braced wall technology
• Cement-free Eco-friendly Mortar
• Smart Triple Floor Structure

Awards & Recognition

• Numerous awards in various categories for civil engineering, housing and building, and plant projects.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Management
• Eco-friendly Construction
• Health and Safety Management
• Human Resources/Human Rights Management
• Customer Satisfaction and Quality Management
• Supply Chain Management
• Governance
• Ethical Management and Compliance
• Integrated Risk Management
• Information Security and Personal Information Protection

Environmental Achievements

• Reduced 10,169 tCO2-eq compared to total GHG emissions (Scope 1, 2) target
• Reduced 161 TJ compared to total energy consumption (Scope 1, 2) target
• Obtained A+ grade in ESG evaluation environment (E) sector (KCGS)
• Obtained A- grade (Leadership) in CDP Climate Change category
• Developed 15MW class floating offshore wind power design technology
• Developed carbon reduction early strength slag cement concrete technology (up to 54% GHG reduction compared to conventional concrete)
• Expanded application of manager KPI including environmental management indicators
• Established guidelines to improve and strengthen construction waste management
• Established eco-friendly supply chain policies and goals
• Achieved over 95% waste recycling rate

Social Achievements

• Established a site-centric safety and health system with the objective of achieving “ZERO” major accidents
• Strengthened on-site support and inspection, including close support for hazardous process sites
• Introduced and disseminated standardization of safety and health best practices
• Expanded on-site safety inspections by executives, including the CEO and CSO
• Non-discriminatory talent recruitment (gender diversity, expansion of employment of the disabled, etc.)
• Reorganized training system and strengthened on-demand training system to strengthen capabilities by job and level
• Operated planned and proposed training courses to attract key talent
• Achieved the target score of the social contribution activity performance index
• Received the Good Donor Award
• Established the Internal Transaction Committee

Governance Achievements

• Established the ESG Committee
• Established the Internal Review Committee to enhance transparency
• Reorganized the integrated risk management process to adapt to changes in the uncertain external environment
• Established the Internal Transaction Committee to strengthen trust with stakeholders and internalize an ethical management culture
• Joined the Task Force on Climate-Related Financial Disclosures (TCFD)

Climate Goals & Targets

Environmental Challenges

• Worsening global geopolitical crisis
• Surging commodity prices
• Slowdown in the domestic construction industry
• Increasing raw material costs due to climate change
• Market expansion and sales growth from increasing demand for renewable energy
• Increasing uncertainty in the business environment
• Strengthening legal regulations on non-financial risks and increasing demands for social responsibility
• Lack of manpower at the headquarters to perform on-site inspection
• Impossibility to confirm implementation and effectiveness of environmental management system

Mitigation Strategies

• Strengthening the enterprise-wide risk management system
• Diversifying business portfolio with a focus on eco-friendly/new technologies
• Investing in offshore wind power generation, hydrogen business, resource recycling business, and life care
• Embracing changes in the industry paradigm through digital transformation
• Launching the ESG Committee, setting greenhouse gas reduction targets, and creating mid-to long-term roadmaps
• Improving the effectiveness of environmental inspections
• Enhancement of online monitoring function
• Operation of a enterprise risk management system
• Identification and response to major risks at each project stage
• Establishment of risk management system for local communities

Supply Chain Management

Supplier Audits: 56 suppliers in 2023

Responsible Procurement

• Supplier Code of Conduct
• Certificate of Integrity
• Standard Subcontractor Contract
• ESG management support system for suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (floods, typhoons)
• Extreme changes in precipitation patterns and weather types

Transition Risks

• Implementation of emissions trading system
• Increasing raw material costs

Opportunities

• Resource efficiency
• Development and expansion of low-carbon products and services
• Participation in renewable energy programs and introduction of energy efficiency improvement measures

Reporting Standards

Frameworks Used: GRI, UN SDGs, SASB, TCFD, ISSB

Certifications: ISO 14001, ISO 45001, ISO 37001, ISO 19650, ISO 19443

Third-party Assurance: BSI Group Korea

Sustainable Products & Innovation

• 15MW class floating offshore wind power design technology
• Carbon reduction early strength slag cement concrete technology
• DECO 2 technology for carbon capture and reuse

Awards & Recognition

• Good Donor Award
• Seoul Mayor’s Commendation
• Korea Service Grand Prix (4 consecutive years)