Hyundai Motor Securities is the only securities company to receive an ESG integrated ‘A’ rating for four consecutive years

2023-10-30 15:45:32

Hyundai Motor Securities (CEO Choi Byeong-cheol) announced on the 30th that on the 27th, it was recognized for its excellence in sustainable management by receiving an integrated ‘A’ grade for four consecutive years in the ESG evaluation announced annually by the Korea ESG Standards Institute (KCGS). The ESG evaluation integrated ‘A’ rating is the highest among securities companies, and Hyundai Motor Securities is the only company to have achieved this for four consecutive years.

ESG stands for Environmental, Social, and Governance, and ESG has recently emerged as a major criterion for investment decision-making in the capital market. The Korea ESG Standards Institute (KCGS)’s ESG evaluation is Korea’s representative ESG evaluation that evaluates the level of sustainable management of domestic listed companies and financial companies since 2011.

In particular, Hyundai Motor Securities obtained an ‘A+’ grade in the society (S) area that evaluates information protection, customer satisfaction, and working environment, and a ‘B+’ grade in the environment (E) and governance (G) areas, respectively. did.

Choi Byeong-cheol, CEO of Hyundai Motor Securities, said, “Since 2020, we have been leading the industry in establishing an ESG promotion system and promoting ESG strategy and policy establishment and internalization by executives and employees, and are systematically reducing greenhouse gas emissions centered on the carbon neutral roadmap established this year. “We will continue to strengthen our business competitiveness and pursue sustainable growth through ESG management,” he said.

Meanwhile, Hyundai Motor Securities is accelerating the expansion of investment and advisory on eco-friendly infrastructure such as renewable energy, hydrogen, and CCUS (carbon capture, utilization, and storage), advancement of ESG research, and strengthening of ESG risk management, focusing on the ESG priority strategy. We have been faithful to disclosing ESG information through management reports and have been recognized for our excellence, including winning the Grand Prize (Platinum) at the LACP Vision Awards in February.

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