Improvements in the Social and Governance Areas
KGCS Rating Rises to 'A'
Hanssem Co., Ltd. (CEO Kim Jin-tae), a comprehensive home interior specialist company, has published the '2022 Hanssem Sustainability Management Report,' which presents the status and achievements of its ESG (Environmental, Social, and Governance) management. Hanssem has been continuing its ESG management activities, publishing sustainability management reports for three consecutive years since 2020.
This report covers Hanssem's ESG management achievements over the past year as well as the progress of its strategic initiatives for this year. In 2021, Hanssem strengthened its ESG management system by establishing a board-centered management structure and setting up an ESG Committee under the board of directors. This year, it is continuing activities such as △strengthening greenhouse gas emissions management △developing eco-friendly products △ongoing community contribution activities △establishing work-life balance and △mutual growth with partner companies.
In the ESG management evaluation conducted last year by the Korea Corporate Governance Service (KGCS), Hanssem received an 'A' rating, up one grade from the previous year. In particular, its social contribution activities—including improving the working and living environments of firefighters through an agreement with the National Fire Agency—were recognized, earning it the highest 'A+' rating in the social category. Its governance, which has been made more transparent by establishing six subcommittees under the board of directors covering areas such as auditing, ESG, and compensation, recorded an 'A' rating, up two grades from the previous year. The environmental category maintained the same 'B+' rating as the previous year.
Going forward, Hanssem plans to set ESG management tasks for each area and strengthen the related capabilities. In the environmental area, it will complete its environmental management system by 2025, with a particular focus on greenhouse gas emissions management. In the social area, it will focus on human resource development, employment equality, strengthening safety and health, and mutual growth. In the governance area, it has laid the institutional foundation for board-centered management by newly establishing six subcommittees under the board of directors and holding board meetings every month.