Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Released digital QR-activated albums (Weverse Albums)
• Released eco-friendly physical albums using FSC-certified paper, eco-friendly soy ink
• Reduced the usage of disposable goods and replaced them with reusable cups in the headquarters office building
• Launched the HYBE Eco Village Project (mangrove tree planting in Bangladesh aiming for 4,000 tons of carbon absorption)

Social Achievements

• Launched Weverse platform enhancing fan experience and convenience
• Donated to UNICEF's LOVE MYSELF campaign and UNESCO Korea's Going Together campaign
• Implemented various employee wellbeing initiatives (flexible working hours, unlimited annual leave, etc.)
• Maintained zero workplace accidents for three consecutive years (2020-2022)

Governance Achievements

• Established an ESG Committee in July 2022
• Established an ESG Team in June 2023
• Implemented a comprehensive risk management system
• Won the top prize at the 5th Korea Accounting Awards in 2022 for excellent transparency practices

Climate Goals & Targets

Environmental Challenges

• Climate change impacts (increased frequency and damage of natural disasters)
• Information security threats
• Marketing risks
• Partner risks

Mitigation Strategies

• Established GHG Emissions Calculation System for Scope 1 and 2 emissions
• Developed strategies to gradually reduce GHG emissions
• Established information security management systems and strengthened certifications
• Implemented proactive and reactive measures for information security and marketing risks
• Implemented fair partner selection processes and enhanced pre-/post-supervision

Supply Chain Management

Responsible Procurement

• Open bidding for partner selection
• Pre-announcement of quality requirements
• Inclusion of sustainability management KPIs in partner company evaluation criteria

Climate-Related Risks & Opportunities

Physical Risks

• Increased frequency and damage of natural disasters

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards

Third-party Assurance: Korea Management Registrar (KMR)

Sustainable Products & Innovation

• Weverse Albums
• Eco-friendly albums and merchandise

Awards & Recognition

• Top prize at the 5th Korea Accounting Awards (2022)
• iF Design Awards
• Red Dot Design Award
• Fast Company’s World’s 50 Most Innovative Companies (2020, 2022)
• TIME 100 Most Influential Companies (2021, 2022)

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Launched the Weverse Albums Standardization Project to improve recyclability of platform album waste.
• Reduced 149kgCO2eq of GHG emissions by launching banner upcycling merchandise.
• Introduced reusable cups across the Yongsan office building, reducing waste and GHG emissions.

Social Achievements

• Introduced a performance management system to promote employee growth.
• Opened an in-house medical clinic and made psychological counseling more accessible to employees.
• Provided employee training support for 26,064 hours (14 hours per employee).

Governance Achievements

• Established a CEO succession policy.
• Announced a mid- to long-term shareholder return policy.
• Acquired ISO 27001 for HYBE & Renewed ISMS certification for WEVERSE COMPANY.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions (implied)
• Maintaining high standards for information security in a rapidly evolving digital landscape.
• Balancing environmental sustainability with growing business demands.

Mitigation Strategies

• Developed alternative sourcing strategies (implied)
• Established a comprehensive information security plan with multiple teams and certifications.
• Implemented eco-friendly materials and packaging, and digitalized products.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Comprehensive quality evaluation of partners; incorporation of sustainability disclosure and evaluation criteria into the selection process.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB Internet Media & Services and Media & Entertainment Standards

Certifications: ISO 27001, ISMS

Third-party Assurance: Korea Management Registrar (KMR)

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 13 (Climate Action)
• Goal 17 (Partnerships for the Goals)

LOVE MYSELF and Going Together campaigns support education and climate action; collaborations with UNICEF, UNESCO, and partners.

Sustainable Products & Innovation

• Weverse Albums; upcycled merchandise; eco-friendly packaging materials.

Awards & Recognition

• UNICEF Inspire Award (LOVE MYSELF campaign); numerous music awards for affiliated artists.