KT&G Achieves 'A+' Rating in KCGS ESG Assessment

Market by 2FIRSTS.ai
KT&G Achieves 'A+' Rating in KCGS ESG Assessment
KT&G, a South Korean company, achieves 'A+' ranking in ESG assessment, making it the only one in the domestic food, beverage, and tobacco industry.

On November 1st, it was announced by South Korean firm KT&G that it has achieved an 'A+' rating (excellent) in the 'KCGS ESG Assessment and Rating Announcement' released by the Korean ESG Standard Organization (KCGS). This marks the 13th consecutive year that the company has received a rating of 'A' or higher (excellent) in the assessment.


Among the 1,049 companies assessed, only 19 achieved an 'A+' rating, accounting for a mere 1.8% of the total. Remarkably, the sole enterprise to receive an 'A+' rating in the domestic food, beverage, and tobacco industry is KT&G.


KT&G has garnered praise for its efforts in various areas such as environmental protection and social governance. The company has implemented a range of measures, including the introduction of the Board Skills Matrix (BSM), to strengthen its corporate governance.


KT&G has announced its commitment to creating tangible ESG performance and actively managing risks and opportunities related to sustainable development. Additionally, the company aims to develop unique competitiveness in its value chain.


This article is translated from an original Chinese article available on 2firsts.cn by AI, and has been reviewed and edited by 2FIRSTS's English editorial team. The Chinese original text is the only authoritative source of information. The exclusive copyright and license rights to this article are held by 2FIRSTS Technology Co., Ltd. Any reproduction, reprinting, or redistribution of this article, either in part or in full, requires express written permission from 2FIRSTS and must include clear attribution along with a link to this content. Non-compliance may result in legal action. 2FIRSTS Technology Co., Ltd. reserves the right to pursue legal actions in case of unauthorized use or distribution.