Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Shareholder Value
• Corporate Governance
• Human Rights
• Labor Standards
• Environmental Sustainability

Environmental Achievements

• Not disclosed

Social Achievements

• Improved CSR management in human rights and labor areas
• Enhanced employee welfare (implied by mention of employee welfare fund)

Governance Achievements

• Strengthened Governance Committee by merging CSR Committee and promoting it to a board committee
• Appointment of a non-Korean Independent Director as Shareholder Advocate to improve communication with overseas shareholders
• Introduction of Lead Independent Director system
• All board committees (except Management Committee) consist solely of independent directors
• Separation of BoD Chairman and CEO roles since March 2018

Climate Goals & Targets

Environmental Challenges

• Numerous global risks such as US-China trade spat and geopolitical risks in the Middle East
• Concerns over potentially serious implications of COVID-19 outbreak

Mitigation Strategies

• Steady improvement of competitiveness and fundamentals of each division to improve stability and profitability
• Continued endeavors to identify future growth opportunities

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Repowering of Gimcheon solar power plants expected to double efficiency and replace 16% of domestic energy mix with renewables.
• Developed cementless concrete, replacing cement with industrial byproduct and acquiring technical certification.
• Developed low-cement concrete emitting 30% of conventional concrete emissions.

Social Achievements

• Eco-drive campaign improving fuel efficiency and reducing GHG emissions and fine dust.
• Public transport campaign encouraging employee use of public transport.
• Donation campaign for reforestation.

Governance Achievements

• Established a 2050 Net Zero Roadmap to transition to a carbon-neutral society.
• Voluntarily publishes climate-related information for investors and stakeholders in line with TCFD recommendations.

Climate Goals & Targets

Environmental Challenges

• Stringent carbon emissions-related regulations increasing financial burdens.
• High initial cost for eco-friendly business.
• Managing Scope 3 emissions throughout the end-to-end value chain.

Mitigation Strategies

• Strengthening emissions monitoring and management.
• Increasing renewables in energy mix.
• Expanding eco-friendly business portfolio.
• Developing a framework to monitor progress in GHG emissions reduction.
• Planning to set a specific target for Scope 3 emissions reduction from 2025.

Supply Chain Management

Responsible Procurement

• Using recycled and organic materials
• RDS-certified textile
• BCI-certified cotton

Climate-Related Risks & Opportunities

Physical Risks

• Sea level rise
• Heat waves
• Water shortage
• Storm and flood risks

Transition Risks

• Changes in carbon and energy prices
• Stringent carbon emissions regulations

Opportunities

• Growth of eco-friendly market
• Improved energy conservation and efficiency
• Cost saving

Reporting Standards

Frameworks Used: TCFD

Sustainable Products & Innovation

• Cementless concrete
• Low-cement concrete

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Responsibility
• Corporate Governance

Environmental Achievements

• Announced exit from the coal business in October 2020
• Unveiled vision and strategy for achieving carbon neutrality across all operations by 2050 (November 2022)
• Continuously reducing emissions
• Completed a 1,369 MW solar and wind power generation cluster in Ontario, Canada in 2018

Social Achievements

• Implemented measures to enhance corporate governance, establishing the ESG Committee (2020)
• Appointed a Chief Safety Officer (CSO) and established a dedicated organization to enhance safety and health management system (December 2023)
• Various CSR programs globally, including education initiatives in Indonesia, university sponsorships and support for organizations assisting disabled children in Romania
• “Nanum Kiosk” campaign collecting employee donations to support children in need
• “DotoReload” initiative to raise awareness about reducing carbon emissions by planting trees

Governance Achievements

• Implemented measures to enhance corporate governance, establishing the ESG Committee composed of independent directors (2020)
• Strengthening the role of the ESG Committee for ESG monitoring and risk management

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: RSPO (for Indonesia palm plantations)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed