Huons receives A grade in ESG evaluation

South Korea’s Huons Co. said on Tuesday that it received an A (excellent) grade in the 2024 ESG evaluation recently released by the Korea Institute of Corporate Governance and Sustainability (KCGS).

This year, Huons saw a three-level increase in the Environmental category, from "C" to "A," and a one-level rise in the Social category, from "B+" to "A."

The Governance category maintained its previous grade of "B+." Reflecting these improvements, Huons’ overall grade rose two levels from last year’s "B" to "A."

In the Environmental category, Huons established mid- to long-term goals and strategies for environmental management, conducted employee environmental education, launched an environmental campaign during Environment Week, and engaged in domestic environmental initiatives.

Huons upgraded aging facilities, replaced lights with LEDs, and tightened internal standards to reduce greenhouse gas emissions, waste, and water usage across six key areas.

In the Social category, as part of its responsible management, Huons engaged in community partnerships with welfare facilities in Seongnam and Jecheon, where its business sites are located, and participated in various community support activities.

Huons also contributed to community development and economic revitalization by supporting healthcare for vulnerable groups, offering educational opportunities, and running programs for multicultural family support.

Write to Young-Ae Lee at 0ae@hankyung.com