Climate Change Data

Environmental Metrics

ESG Focus Areas

• Planet
• People
• Business

Environmental Achievements

• Reduced energy consumption at XR Studio by 90%
• Reduced waste at XR Studio by 61%
• Reduced plastic use by 77.7 tons with 3Free & 3R Policy
• 100% recycling rate of odense reusable cup
• Obtained ISO14001 certification for environmental management system

Social Achievements

• Introduced CJ Work ON, a new remote working system
• Launched the O’PEN program, supporting over 200 scriptwriters and 73 songwriters
• 92% employee satisfaction with self-driven culture
• Provided closed captioning services for over 1,200 episodes on TVING
• 47.7% of female employees in managerial positions

Governance Achievements

• Established a compliance management system (ISO37301)
• Implemented ESG support project with Korea Commission for Corporate Partnership
• Announced ESG philosophy ‘YESGO’ and ‘ECP INITIATIVE’
• 100% of reported ethical concerns resolved
• Zero cases of data leakage

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to prolonged pandemic and economic recession
• Climate change impacts on content production (extreme weather, flooding)
• Growing demand for ESG certification and rapid changes in trends

Mitigation Strategies

• Provided KRW 10 billion in financial support to partners
• Developed ESG Management Index customized for SME partners
• Launched ‘Eco-friendly Packaging Support Project for Partners’
• Developed alternative sourcing strategies (e.g., virtual production)
• Implemented eco-friendly management in broadcasting environment

Supply Chain Management

Responsible Procurement

• Code of Conduct for Partners
• Ethical Management Execution Form for Partners
• Pledge of Compliance
• ESG fair trade checklist

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events impacting content production
• Flooding of business sites
• Increased building maintenance costs

Transition Risks

• Changes in consumer demand for eco-friendly products and services
• Increased production costs due to changes in procurement and waste processing
• Legal actions from NGOs

Opportunities

• Development of energy-efficient products and content
• Financial incentives for energy efficiency projects
• Expansion of green credit market

Reporting Standards

Frameworks Used: GRI Standards (Comprehensive Option), TCFD recommendations, UN Global Compact Ten Principles, SASB

Certifications: ISO 14001, ISO 37301, ISO 27001 (MWAVE and CJ ONSTYLE/SHOP+)

Third-party Assurance: Korea Management Registrar (KMR)

UN Sustainable Development Goals

• Goal 1
• Goal 2
• Goal 3
• Goal 4
• Goal 5
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 15
• Goal 16
• Goal 17

Various initiatives contribute to these goals as detailed in the report.

Sustainable Products & Innovation

• odense reusable cup
• Ames electric scooter LEO
• Eco-friendly packaging materials

Awards & Recognition

• 2022 Minister of Culture, Sports and Tourism Award
• Korea Cable TV Awards
• National Customer Satisfaction Index (NCSI) No.1
• K-ESG Management Grand Prize
• Korea Communications Commission Broadcasting Awards
• 74th Emmy Awards
• 75th Tony Awards
• 76th Festival de Cannes

Environmental Metrics

ESG Focus Areas

• Planet
• People
• Business

Environmental Achievements

• Established an indirect greenhouse gas emissions management system and a greenhouse gas inventory for major subsidiaries.
• Installed and started operating additional electric vehicle charging stations and prioritized electric carts for transportation at CJ ENM Studio Center.
• Established a native conservation green area at CJ ENM Studio Center.
• Constructed two studios dedicated to LED media walls at the Commerce Division’s Tech & Art Center and installed LED-based media wall infrastructure in all live broadcasting studios.
• Reduced broadcast set-related waste by 55 tons and achieved an 88% reduction in power consumption compared to 2019.
• Signed a resource circulation agreement with Friends of Hope and Korea Food for the Hungry International (KFHI) to establish a virtuous cycle system for distribution through donation of backlog items.
• Carried out activities to create an urban forest by reviving dying or replacing irrecoverable plants at welfare centers.

Social Achievements

• Internalized ESG values in content, products, and services to promote social awareness and spread Good Impact.
• Increased ESG support for partners and expanded social contribution activities in the local community.
• Held company-wide town hall meetings to increase communication with employees.
• Revamped the ‘B.I+(Break for an Invention Plus)’ program, allowing employees to engage in self-development outside the office.
• Operated the remote work system ‘CJ Work ON’.
• Operated the ‘O’PEN’ program to discover and nurture rookie creators.
• Introduced Korean subtitles and screen description service on TVING.
• Provided specialized sign language counseling services to enhance accessibility for the hearing impaired.

Governance Achievements

• Prioritized a robust compliance culture and risk management tailored to the characteristics of each business sector.
• Established practical response plans and implemented improvement activities to manage potential risks and increase internal stability.
• Enhanced internal capabilities and implemented an advanced ESG management system across key subsidiaries.

Climate Goals & Targets

Environmental Challenges

• Exceptionally challenging business environment both domestically and internationally.
• Rapid market changes, intense competition, and paradigm shifts in the entertainment and commerce industries.
• Increase in safety and health risks of workplaces and partners due to enforcement of the Serious Accidents Punishment Act.
• Increase in stakeholder requirements for respect and promotion of human rights.
• Increase in stakeholder demand for environmental improvement efforts of content, products, and services.
• Increase in stakeholder requirements for corporate social value creation.

Mitigation Strategies

• Implemented systematic ESG management.
• Established specific goals for divisions and enhanced ESG execution capabilities.
• Established dedicated ESG governance structures.
• Conducted safety inspections and accident prevention activities at worksites and business locations.
• Identified potential human rights risks and impacts arising from the supply chain by conducting regular human rights impact assessments and operating grievance reporting channels.
• Developed and expanded environmentally-friendly packaging materials.
• Developed the ‘Good Impact of Content’ Index.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• ESG integrated support project for small and medium-sized enterprise (SME) partners
• Partner Eco-friendly Packaging Support Project

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Enhancing regulations related to greenhouse gas/energy
• Enhancing regulations related to resource circulation
• Increased demand for disclosure of environmental information
• Enhancing other environmental regulations
• Introduction of low-carbon/high-efficiency/recyclable technology
• Changes in consumer behavior and preferences
• Increased requirements from global customers
• Increased concerns from stakeholders such as investors and shareholders

Opportunities

• Development of energy-efficient products
• Investment opportunities for climate change resilience

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD, SASB, UN Global Compact

Certifications: ISO 14001, ISO 45001, ISO 27001, ISO 27701, ISO 37301, ISO 22301, ISMS, e-Privacy, Korea Eco-Label, BPA Free, CCM

Third-party Assurance: DNV Business Assurance Korea

UN Sustainable Development Goals

• Goal 1
• Goal 2
• Goal 3
• Goal 4
• Goal 5
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 15
• Goal 16
• Goal 17

CJ ENM's initiatives contribute to these goals through various programs and activities related to environmental protection, social contribution, human rights, and ethical management.

Sustainable Products & Innovation

• odense Reusable Cup
• Eco Tapeless Box
• Paper Hanger Box

Awards & Recognition

• Prime Minister’s Award at the ‘2023 Consumer-centered Management Excellence Awards’
• Appreciation plaque as an excellent donor in Seocho
• Best Partner Award in the mutual growth category
• Korea Commission for Corporate Partnership Chairman’s Award
• 2023 Brand of the Year
• 2022 Korea Content Awards
• Seoul Mayor’s Award
• Korea’s Outstanding Company for Consumer Protection
• Economic, Social and Labor Committee Chairman’s Award
• Cable TV Broadcasting Awards
• National Customer Satisfaction Index (NCSI)
• Korea Consumer Protection Index (KCPI)
• New Media Content Award
• District resident hero for flood damage recovery
• Emmy Awards
• K-ESG Management Awards
• Presentation of Excellent Cases of Safety and Health Activities in the Service Sector
• Korea Communications Commission Broadcasting Awards
• Korea’s Top 100 ESG Management Companies
• Tony Awards
• Cannes International Film Festival
• IF Design Award 2022