Sustainability

Strategy

 
ESG OUTLINE

A Sustainable Partner for the Environment, People, and Future

Haesung DS strives not only to contribute to the national economic development through corporate business performance
but also to create sustainable value in the environment and society.

ESG Management Policy

Vision & Mission

  •  
    Vision

    Vision

    A sustainable partner for the environment, people, and the future.

  •  
    Mission

    Mission

    Creating the value of connection with top technology and quality, contributing to humanity.

ESG Strategic Directions & Strategic Tasks

ENVIRONMENTAL

ENVIRONMENTAL
Green Value Activities for Future Generations

We pursue management
that safeguards the earth
and the environment

Achieve a 50% reduction in greenhouse gas emissions by 2040 (compared to 2018) and carbon neutrality by 2050.

Achieve a 50% water reuse rate by 2030.

Achieve a 100% waste recycling rate by 2030.

Achieve a chemical substance emission rate of 0.02% by 2030.

SOCIAL

SOCIAL
Creating Social Value for Inclusive Growth

We strive to create a society that promotes a win-win growth.

Foster an organizational culture of diversity and inclusion.

Create a safe workplace free of accidents.

Provide education and training for supplier management.

Engage in social contribution activities in local communities.

GOVERNANCE

GOVERNANCE
Pursuing Transparent Corporate Operations and Reliability

We build a trusted company through transparent governance.

Zero violations of laws and anti-corruption

Establish clean and secure workplaces.

Adhere to compliance programs

Practice fair trade

Double Materiality Assessment

Double Materiality Assessment

In 2024, Haesung DS conducted a double materiality assessment to identify significant issues. The double materiality assessment is a process to understand the impact across the company’s entire value chain on the environment, society, and management/economy. It considers both the financial impact on the company (Financial Materiality) and the social/environmental impact of the company's activities on external stakeholders (Impact Materiality) to derive key issues.

Double Materiality Assessment

Materiality Assessment Process

  • 01

    Understanding and Analyzing
    the Business Environment

  • 02

    Deriving ESG Issue Pool

  • 03

    Double Materiality Assessment

  • 04

    Top 10 Material Issues Selected

  • 05

    IRO Analysis & Reporting

Top 10 Material Issues Selected

Through the materiality assessment process, Haesung DS identified a total of 10 key ESG issues that require focused attention. When these issues arise, the affected stakeholders, such as customers, employees, suppliers, and local communities, are identified.

E
ENVIRONMENTAL
S
SOCIAL
G
GOVERNANCE
게시물 목록
No. Material Issues Stakeholder impact
Client Employees Shareholders/Investor Community society Cooperative society
1 Responding to Climate Change
2 Managing Occupational Health and Safety Risks
3 Ensuring a Sustainable Supply Chain
4 Waste Management
5 Water Resource Management
6 Information Security and Data Privacy
7 Human Rights Management and Diversity
8 Hazardous (Chemical) Substance Management
9 Research and Development (R&D)
10 Air Pollution Control
중대 이슈 TOP10 선정

Top 10 Material Issues (Impact, Risk & Opportunity) analysis

E
ENVIRONMENTAL
S
SOCIAL
G
GOVERNANCE
게시물 목록
No. Material Issues Financial Impact Social and environmental impact Risk Opportunity
1 Responding to Climate Change
  • Strengthening regulations for reducing greenhouse gas emissions at worksites
  • Increased costs due to the introduction of carbon taxes
  • Rising energy costs
  • Restrictions on new customer and facility expansion due to global carbon neutrality legislation
  • Rising costs for developing eco-friendly facilities and technologies to achieve carbon neutrality
  • Increased demand for automotive semiconductor components due to the rise in electric vehicle adoption driven by global carbon neutrality requirements
  • Competitive advantage through the development of next-generation (eco-friendly and energy-efficient) products
  • Development of eco-friendly products and services
2 Managing Occupational Health and Safety Risks
  • Sanctions due to non-compliance with laws such as the Serious Accidents Punishment Act
  • Decreased efficiency due to deteriorating employee health
  • Human and financial losses resulting from non-compliance with safety regulations in the production process
  • Boosting employee morale and improving product productivity through the establishment of a safety culture
  • Reducing response costs by preventing serious accidents
3 Ensuring a Sustainable Supply Chain
  • Restrictions on mineral sourcing due to the expansion of global regulations on responsible and conflict minerals
  • Impact on corporate management due to ESG risks within the supply chain
  • Strengthening supply chain management to proactively respond to global regulations
  • Securing cost competitiveness by supporting the capacity building of partner companies
4 Waste Management
  • Strengthening of legal requirements and regulations
  • Impact on business growth due to challenges in timely resource procurement
  • Ensuring eco-friendliness through the use of recycled raw materials
  • Reducing disposal costs by decreasing landfill and incineration waste
5 Water Resource Management
  • Strengthening of legal requirements and regulations
  • Impact on business growth due to difficulties in timely resource procurement
  • Ensuring environmental sustainability through the use of recycled raw materials
  • Reducing processing costs by minimizing landfill and incineration waste
6 Information Security and Data Privacy
  • Decline in corporate credibility and reputation due to cyber attacks and data breaches
  • Responsibility to comply with various legal regulations and standards
  • Securing corporate credibility and competitiveness through a systematic security system
  • Facilitating entry into new markets by establishing an advanced security system
7 Human Rights Management and Diversity
  • Decreased work efficiency due to internal conflicts arising from discrimination
  • Spread of negative reputation in case of human rights issues
  • Enhancing product quality through a diverse workforce
  • Creating social value by generating employment opportunities for vulnerable groups
8 Hazardous (Chemical) Substance Management
  • Operational suspension and other damages in case of chemical-related accidents
  • Strengthening of legal requirements and regulations
  • Strengthening market competitiveness through eco-friendly production systems
  • Enhancing market influence of key products
9 Research and Development (R&D)
  • Increased costs due to investments in technological innovation
  • Compliance with legal regulations and standards in the development of new technologies and products
  • Securing market competitiveness and advantage through technological innovation
  • Enhancing corporate brand value through new technologies
10 Air Pollution Control
  • Strengthening of legal requirements and regulations
  • Community complaints related to environmental pollution
  • Producing products with applied environmentally friendly technologies

Alignment with UN SDGs
and Performance Reporting

게시물 목록
UN SDGs Implementation Goals Haesung DS Activities
UN SDGs

Ensure the availability and sustainable management of water and sanitation for all
  • Improve sanitation facilities in workplaces
  • Introduce water-saving and recycling systems
  • Increase energy efficiency
  • Expand renewable energy use
UN SDGs

Ensure access to affordable, reliable, sustainable, and modern energy for all
  • Increase energy efficiency
  • Expand renewable energy use
  • Implement energy reduction initiatives
  • Use renewable energy such as solar power
  • Implement waste heat recovery systems
UN SDGs

Promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all
  • Inclusive employment policies
  • Improve working conditions
  • Hire workers from diverse backgrounds
UN SDGs

Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation
  • Technological innovation
  • Expand R&D investment by 2.8%
UN SDGs

Reduce inequality within and among countries
  • Ensure fair wages
  • Provide employee welfare programs
  • Inclusive hiring practices
  • Provide fair wages and working conditions
  • Support scholarships for local communities
  • Engage in donation and social contribution activities
UN SDGs

Make cities and human settlements inclusive, safe, resilient, and sustainable
  • Build environmentally friendly production facilities
  • Recycling and waste management
  • Manage recycling and waste disposal
  • Install waste solution systems to achieve 99% recycling rate
  • Use recycled materials in product packaging
  • Install low-NOx burners to reduce air pollution
UN SDGs

Ensure sustainable consumption and production patterns
  • Extend product life cycles
  • Use eco-friendly materials
  • Evaluate environmental impact of products
  • Expand investment in eco-friendly facilities
UN SDGs

Take urgent action to combat climate change and its impacts
  • Achieve carbon neutrality goals
  • Reduce energy consumption
  • Lower carbon emissions
  • Expand renewable energy production
UN SDGs

Protect, restore, and promote sustainable use of terrestrial ecosystems
  • Biodiversity conservation activities
  • Environmental cleanup activities
  • Community biodiversity preservation efforts
  • Community environmental cleanup activities
UN SDGs

Promote peaceful and inclusive societies for sustainable development
  • Ensure compliance with laws and regulations
  • Adhere to compliance policies
  • Ensure compliance with laws and regulations

ESG Management Structure

Haesung DS is managing key ESG issues comprehensively across the organization for sustainable growth. The ESG working council, with relevant departments involved, identifies, discusses, and implements ESG management initiatives through inter-departmental collaboration and coordination. The company plans to further develop the organizational structure to continuously enhance ESG capabilities in strategic planning, risk management, and more.The Board oversees strategies, performance, risks, and shareholder value to ensure sustainable management, and it deliberates and resolves key ESG issues, considering the social, economic, and environmental impacts.

  • Board of Directors

  • CEO

  • ESG Executive Officer

  • ESG Team
    (Corporate Planning Team)

ESG Working Council

Environment

Safety & Environment Team

Production Team

Technology Team

Social

HR Team

Purchasing Team

Business Innovation Team

Governance

Compliance Team

Finance Team

Audit Team

KCGS ESG Rating Results
ESG Rating Results

List
YEAR Total Rating Environment(E) Social(S) Governance(G)
2023 A A A+ B+
2022 B+ B+ A B+
2021 A A A+ A
2020 A A A A
2019 A A A A
2018 A A A+ B+
2017 A A A B+

Sustinvest
ESG Rating Results

List
YEAR 2024 2023 2022 2021 2020 2019 2018
Rating AA A AA AA AA AA AA
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