Three SeAH Group Companies Earn Overall A Ratings in KCGS ESG Evaluation

SeAH Holdings and SeAH Steel Earn Overall A Ratings
SeAH Besteel Holdings Maintains Overall A Rating for Fourth Consecutive Year

SeAH Group said Friday that three of its companies—SeAH Holdings, SeAH Besteel Holdings, and SeAH Steel—each received an overall A rating in the “2026 ESG Evaluation” announced by the Korea Institute of Corporate Governance and Sustainability (KCGS).

In this year’s evaluation, SeAH Besteel Holdings maintained its overall A rating for the fourth consecutive year, while SeAH Holdings and SeAH Steel each rose one grade, from B+ last year to A this year.

A view of SeAH Tower. SeAH Group

SeAH Group emphasized, “In the steel industry, where reducing carbon emissions and ensuring safety at production sites are key challenges, all three companies received at least an A in the environmental and social categories. This is significant because it demonstrates their capabilities in managing the key risks facing the steel sector.”

All three companies also received A ratings in the overall evaluation, including corporate governance, earning recognition for their performance across ESG management. Key achievements in this year’s evaluation included establishing supply chain policies and systematizing ESG risk assessments, expanding safety management and support for partner companies, addressing climate change, and strengthening board-centered management and oversight.

SeAH Holdings and SeAH Besteel Holdings both saw their social category ratings rise from A last year to A+ this year. SeAH Holdings was highly rated for establishing an integrated ESG management system spanning its subsidiaries and strengthening governance and systems to promote supply chain sustainability. SeAH Besteel Holdings was recognized for improving the effectiveness of supply chain and safety management by revising its supply chain management roadmap and introducing measures to assess the practical outcomes of employee training.

SeAH Steel raised its ratings in the environmental and corporate governance categories by one grade each, from B+ last year to A this year, achieving A ratings in all three categories: environmental, social, and governance. In the environmental category, it was recognized for reducing greenhouse gas emissions, energy use, and waste generation in measurable terms for the second consecutive year, as well as for establishing an eco-friendly sales framework and expanding environmental information disclosure. In the corporate governance category, it strengthened the expertise of its outside directors and audit committee members through training and further enhanced its management and oversight capabilities by having the board review key ESG issues.

SeAH Group plans to continue efforts to reduce carbon emissions and minimize environmental impacts, taking into account the characteristics of the steel industry. It also plans to raise safety management standards at its business sites and among partner companies, and to continue strengthening its system for addressing ESG risks across the supply chain. In addition, the group plans to expand mutually beneficial cooperation with partner companies, enhance the board’s management and oversight functions, and improve the transparency of ESG information disclosure to strengthen responsible management.

A SeAH Group official said, “The results of this evaluation recognize the efforts each company has made to practice responsible management across its operations and supply chains. We will continue to strengthen ESG management, build trust and competitiveness in global markets, and lay a solid foundation for sustainable growth.”

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