- ▶Longest-running inclusion in the domestic electronic components industry since 2011
- - Included for 13 consecutive years, continuously identifying ESG management trends and adopting advanced practices
- ▶Highly scored in all areas of E (Environment) S (Society) G (Governance)
- - Top scores in Supply Chain Management, Pollution and Resources, and Corporate Governance
- ▶CEO Chang Duckhyun said, “We will strive for a sustainable future as a tech company of the highest order”
Samsung Electro-Mechanics (CEO Chang Duckhyun) announced on July 21st that it has been included in the FTSE4Good Index, one of the global ESG assessment indices, for 13 consecutive years, the longest in the domestic electronic components industry.
FTSE4Good is a specialized index that assesses ESG. It was launched in 2001 in collaboration between the Financial Times, a British daily business newspaper, and the London Stock Exchange and assesses more than 7,000 companies around the world. FTSE4Good is comprised of three assessment areas - environmental, social and governance - and over 300 individual assessment indicators.
Samsung Electro-Mechanics received excellent scores in all areas, such as E (Environment), S (Society) and G (Governance), with a score of 4.0, higher than the average of 2.5 for domestic companies assessed by FTSE4Good.
In particular, Samsung Electro-Mechanics received the highest score of 5 in the areas of ▲ Supply Chain Management, ▲ Pollution and Resources, and ▲ Corporate Governance.
Samsung Electro-Mechanics provides field-oriented support and mid- to long-term revamping activities for its business partners, such as training on products, safety and environment and establishing specialized training for nurturing key business partner personnel.
Samsung Electro-Mechanics is also strengthening its resource recycling activities by achieving a 96% recycling rate through improving waste disposal processes and introducing product environmental responsibility, which involves evaluating the entire process from raw material development to product production.
In the area of corporate governance, Samsung Electro-Mechanics maintains a ratio of female non-executive directors of 50% or higher to increase diversity on the Board of Directors, and strengthens independence by appointing a non-executive director as chairman of the Board of Directors.
Samsung Electro-Mechanics CEO Chang Duckhyun said, “Samsung Electro-Mechanics is committed to meaningful growth in various areas surrounding the company, including ▲environment-friendliness, ▲win-win cooperation, and ▲corporate governance,” and added that, “As a global tech company of the highest order, Samsung Electro-Mechanics will take the lead in realizing a sustainable future.”
Meanwhile, Samsung Electro-Mechanics' sustainability management activities have been recognized by various rating agencies. It has been recognized as a leading ESG company by being the first company in Korea to be included in the “DJSI World Index” for 14 consecutive years, the first in the industry to be certified by the Carbon Trust for “Carbon Footprint”, and certified for “Zero Waste to Landfill” at all business sites in Korea.