KOBC Sustainability Report Wins 'Top Rating' at LACP Vision Awards
Sustainability report scores 99 out of 100
Advances one level from last year's "Gold"
The Korea Ocean Business Corporation's (KOBC) sustainability report has received the highest rating in an international communications competition.
KOBC announced on October 14 that its "2025 Sustainability Report," published in May, won platinum, the highest rating, in the financial services category of the 2025 LACP Vision Awards, organized by the League of American Communications Professionals (LACP).
Since 2001, the LACP Vision Awards have been an annual international competition evaluating corporate communications materials, including annual and sustainability reports published by companies, public institutions and nonprofit organizations around the world. This year, about 1,000 companies and organizations from more than 20 countries participated.
KOBC's report scored 99 out of 100 across eight judging criteria: message clarity, report structure, stakeholder messaging, creativity, cover design, first impression, financial information and information accessibility. After winning gold last year, KOBC raised its award rating by one level to platinum this year.
Among entries from around the world, the report ranked 49th in the Worldwide Top 100, which recognizes the top 100 organizations. It ranked sixth among Korean entries and second among Korean public institutions.
The report details KOBC's environmental, social and governance (ESG) management strategy, along with its key activities and results. It was also highly rated for organizing information in a way that makes it easy for stakeholders to understand the corporation's sustainability performance.
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KOBC President Ahn Byung-gil said, "This award is the result of our continued efforts to communicate the corporation's ESG activities and performance transparently and clearly. As a public institution supporting the sustainable growth of the maritime industry, we will continue to report our ESG management performance thoroughly and engage with our stakeholders."
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