HLB Included in Dow Jones Best in Class Korea Index
HLB has been included in the Dow Jones Best in Class Korea Index (DJBIC Korea Index), a global sustainability management index.
According to HLB on July 16, the DJBIC Korea Index is a global sustainability management index calculated by S&P Dow Jones Indices based on the results of the Corporate Sustainability Assessment (CSA). Only companies among the top 200 domestic companies by free-float market capitalization that rank within the top 30% in economic, environmental, and social criteria are eligible for inclusion.
The company believes that its ESG management activities positively contributed to its inclusion in the DJBIC Korea Index. HLB explained that going beyond merely establishing systems and actually linking these efforts to organizational operations and improvements in employee work environments has laid the groundwork for strengthening its competitiveness in sustainability management.
Currently, HLB is pursuing a variety of policies for ESG management. Through family-friendly programs that cover the entire process of pregnancy, childbirth, and childcare—such as flexible work arrangements, smart work, and Family Day—the company is enhancing employee satisfaction. Additionally, it is promoting the creation of new welfare programs and improvements in organizational culture through a junior board comprised of staff to assistant manager levels.
The management system has been reorganized into a decision-making structure centered on the board of directors. To ensure transparent and independent board operations, the company has established an Audit Committee, ESG Committee, Compensation Committee, Internal Transaction Committee, and Outside Director Candidate Recommendation Committee under the board, thereby enhancing professionalism in decision-making. HLB also actively participates in global initiatives such as the United Nations Global Compact (UNGC) and the Carbon Disclosure Project (CDP), and publishes an ESG management report annually.
The expansion of shareholding by the global investment industry is also considered an example of how HLB’s ESG activities have enhanced external credibility. BlackRock, the world’s largest asset management company, disclosed in March of this year that it owned a 5.01% stake in HLB and further increased its stake to 6.05% in June.
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An HLB official stated, "Our inclusion in the DJBIC Korea Index is the result of the cumulative ESG management efforts we have made so far. We will uphold ESG management not simply as a short-term evaluation response, but as a fundamental principle in corporate growth and decision-making, and will continue to establish a sustainability management system that meets global standards."
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