Governance
We practice transparent management
to build a trustworthy and
reliable company.
With a strong determination to achieve stable business management and protect shareholder rights, we strive to create a transparent business environment by practicing ethical management and corporate compliance, and establish a sustainable business management framework based on the correct governance structure.
Ethical
Management
Striving to uphold legal and ethical standards while adhering to ethical management principles.
KCI is conducting business activities in line with ethical management principles and practice guidelines of the group. And we have established a code of ethics to properly implement ethical management principles and set standards for the behaviour and judgment of executives and employees. Accordingly, executives and employees must comply with laws, norms, and regulations in performing their duties, report violations and prohibit unethical behaviour toward stakeholders.
Board of
Directors
Endeavoring to improve the rights and interests of all stakeholders, including shareholders.
KCI's board of directors is the highest decision-making body that resolves major management issues within the company and strives to enhance corporate value while promoting the interests of stakeholders, including shareholders. In the process of organizing and operating the company, we comply with laws, articles of association, and board regulations, and strive to achieve a transparent and sound governing structure.
Committee
ESG Committee
ESG committees strategically drive and review the company's environmental, social and governance action plans. In addition, performance and improvement measures related to ESG factors are reviewed and approved to ensure the company's sustainable growth.
Committee Members
According to regulations, the ESG Committee consists of Chairman Jin-yong Lee, an internal director, one outside director, and one other non-executive director.
-
Jin-yong Lee,
committee chairman
(Inside director)Ki-joon Nam,
committee member
(Outside director) -
Seok-hwan Yoon,
committee member
(Other Non-executive Directors)
ESG
Evaluation
Result
We are committed to enhancing our ESG management practices.
KCI actively participates in ESG assessments. We remain steadfast in our pursuit of enhanced sustainable management through ongoing refinement of ESG management activities, transparent reporting, and active engagement with stakeholders.
KCI received the following rating from KCGS. We will strive to continuously improve our governance structure and create a transparent business environment in order to upgrade our EGS rating.
| Year | Integrated Rating |
Environmental (E) |
Social (S) |
Governance (G) |
|---|---|---|---|---|
| 2023 | B+ | A | A | B |
| 2022 | C | B | B+ | C |
| 2021 | C | C | C | B |
By enhancing ESG management capabilities, we have obtained the 'Platinum Rating' certification from EcoVadis, which corresponds to the top 1% in sustainability evaluation.
In the CDP evaluation, a global environmental information disclosure platform, commendable grades of A-, B, B in the areas of climate change, water, and forest underscore our commitment to eco-friendly management practices.
| Year | Climate Change |
Water | Forest |
|---|---|---|---|
| 2023 | A- | B | B |
| 2022 | A- | A- | B- |
| 2021 | B | B | C |
