What is ESG?

ESG means the environment, society, and governance structure, which are non-financial elements of a company, and is a core value that is directly connected to continuous growth and survival. ESG management refers to management activities that strictly comply with laws and ethics.
"Waste management" is one of the important factors in ESG environmental area evaluation, and the environmental area within the K-ESG guidelines issued by the Ministry of Trade, Industry and Energy includes diagnostic items related to waste recycling rates.

※ K-ESG Guidelines - Environmental/Environmental Management Areas (MOCIE, 2021)

Classification	Classification Number	Area	Category
Classification	E-6-2	Environment	Waste Item
Items	Waste Recycling Rate
Descriptions of items	- We ensure that the organization is increasing the recycling use of waste beyond reducing waste from the production stage. - We check whether waste generated by an organization in the processing- production-storage-distribution process is being re-introduced into the production process or recycled as a secondary resource inside and outside the organization.
Inspection of performance	- We measure whether an organization's waste recycling (including re-use) rate for the previous year exceeds the industrial average and whether the waste recycling rate has been on the rise over the past five months.