Dongwon Group said on the 20th that in the "2025 ESG assessment" released by the Korea Institute of Corporate Governance and Sustainability (KCGS), all listed affiliates, including Dongwon Industries and Dongwon Systems, received an overall grade of A.
The Korea Institute of Corporate Governance and Sustainability is the most influential ESG assessment agency in Korea. Each year, it evaluates listed companies in Korea by assessing the environment (E), social (S), and governance (G) categories to measure the level of sustainable management.
Dongwon Industries received an A in the environment category and an A+ in the social category, and in particular recorded a B+ in governance, up two notches from last year. Dongwon Industries said it was because it notified shareholders of various ways to exercise voting rights and greatly improved board operations by disclosing the participation rate of outside directors. It also resolved duplicate listings by making Dongwon F&B a 100% subsidiary through a comprehensive stock swap and took steps to enhance shareholder value, including paying interim dividends.
Dongwon Group said it is taking the lead in environmental protection by introducing high-efficiency heating, ventilation and air conditioning (HVAC) at major business sites of affiliates such as Dongwon F&B and Dongwon Logen to reduce carbon emissions, and by obtaining Marine Stewardship Council (MSC) certification for purse seine and longline fisheries that catch tuna for the first time in Korea.
It is also working in various ways for sustainable management, such as supporting talent cultivation activities of the Korea Maritime Foundation and recruiting Indonesian international students to train global seafarers.
Dongwon Systems' overall grade has risen by one grade each year since 2022, reaching an A this year. Dongwon Systems developed "Uni-Material" packaging based on recyclable polyethylene (PE). It continues business activities that pursue mutual growth with members of society by supporting shared growth with partners and establishing policies for sustainable supply chain management.
A Dongwon Group official said, "Dongwon Group is practicing sustainable management that can coexist with members of society to answer society's needs," adding, "We will continue to fulfill our social responsibilities through ESG management and establish ourselves as a model corporations leading sustainable management."