Musinsa Establishes ESG Committee... Publishes '2026 Impact Report'

Official Launch of the ESG Committee
Deliberating and Resolving ESG Risks and Strategies as a Board Subcommittee

Musinsa announced on July 22 that it has established an 'ESG Committee' under its board of directors in order to further strengthen its ESG (Environmental, Social, Governance) management strategy and execution capabilities, and published the '2026 Musinsa Impact Report' outlining its achievements over the past year and vision for sustainable management.

Musinsa launched the ESG Committee through a board resolution in April and established operating regulations for the committee in May. Comprised of five board members, the ESG Committee is tasked with reviewing and approving Musinsa's major ESG policies and activities, including management of significant risks, environmental management such as responses to climate change, safety and health, supply chain management, and mutual growth with partners. Through these efforts, Musinsa has reinforced a system of responsible management and transparent governance.

2026 Musinsa Impact Report Cover. Musinsa

The concurrently released '2026 Musinsa Impact Report' marks the fourth edition since its inaugural publication in 2023. Maintaining its commitment to voluntary and proactive disclosure, Musinsa has standardized its internal data estimation processes and significantly improved the accuracy of its non-financial information.

This report systematically addresses Musinsa’s performance across the E·S·G areas. In the environmental (E) sector, it highlights achievements in responding to climate change, sustainable resource use and building operations, management of greenhouse gas emissions, eco-friendly packaging, recommerce, and other initiatives in green communication. In the social (S) sector, the report includes initiatives supporting mutual growth with partner brands, building infrastructure for safe customer transactions, community contributions, as well as management of employees’ human rights, talent development, and welfare. The governance (G) sector covers improvements in board operation and company-wide risk management, ethical and compliance management systems, and enhancements in information security and tax management.

The most notable difference from the previous report is the significant expansion of the scope of greenhouse gas emissions management to encompass all subsidiaries, including affiliated companies. Moving beyond the former system, which measured emissions mainly at standalone Musinsa business sites, Musinsa has built its first company-wide greenhouse gas inventory (Scope 1 and 2) that covers all key subsidiaries—including Musinsa Japan and Musinsa Logistics—disclosing these emission figures at the ‘Team Musinsa’ level.

Efforts have also been strengthened to ensure objectivity and credibility of the report's content. Musinsa further enhanced the report's credibility by completing an independent, third-party verification from Korea Management Registrar (KMR). Additionally, the company assessed the physical risks of climate change at its key business sites and introduced a Double Materiality assessment—which comprehensively analyzes both environmental/social and financial impacts—identifying and building management foundations for five key issues: mutual growth, community engagement, resource circulation and waste, climate change and energy, and supply chain management.

Namseong Cho, CEO of Musinsa, said, "Musinsa is committed to achieving customer satisfaction by providing products and services that consider the environment and people, and will continue to raise its ESG standards in a changing environment. Going forward, Musinsa will do its utmost to deliver essential fashion innovations for our lives through responsible management."

This content was produced with the assistance of AI translation services.