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Corporate Citizenship Report

We will implement corporate governance based on corporate citizenship more systematically and communicate with our stakeholders in a transparent manner.
Since our first publication of the report in 2014, POSCO Chemical has periodically published the report outlining our performance on the sustainability front and has communicated with our stakeholders transparently.
The announcement of our management philosophy “Corporate Citizenship: Building a Better Future Together” in 2018 served to renew our commitment to communicate with and relate to each and every stakeholder group, including that of customers, employees, and shareholders. Moreover, it helped us pursue ceaseless transformation and innovation so as to create even greater corporate value. Our “Corporate Citizenship Report” provide at-a-glance views of our wide-ranging activities and endeavors made on Environment, Social and Governance (ESG) aspects. Going forward, we will publish such reports in accordance with the principle of transparent disclosure of our ESG performance and the standards endorsed by the international community.
POSCO Chemical Corporate Citizenship Report 2019-2020
Our fifth report, POSCO Chemical Corporate Citizenship Report 2019-2020, summarizes our accomplishments per area (business, society and people) to practice our corporate philosophy.
Also, in order to reflect global initiatives such as Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB), the report briefs our major activities and efforts made in response to climate change and ESG management, which are also gaining worldwide attention.
ESG Evaluation Ratings
ESG Evaluation Ratings from the Korea Corporate Governance Service
년도별 ESG 평가등급
Year Total rating Environment (E) Society (S) Governance (G)
2020 CORPORATE GOVERNANCE SERVICE 2020 A CORPORATE GOVERNANCE SERVICE 2020 A CORPORATE GOVERNANCE SERVICE 2020 A+ CORPORATE GOVERNANCE SERVICE 2020 B+
2019 CORPORATE GOVERNANCE SERVICE 2019 B+ CORPORATE GOVERNANCE SERVICE 2019 B CORPORATE GOVERNANCE SERVICE 2019 B+ CORPORATE GOVERNANCE SERVICE 2019 B+
2018 CORPORATE GOVERNANCE SERVICE 2018 B+ CORPORATE GOVERNANCE SERVICE 2018 B+ CORPORATE GOVERNANCE SERVICE 2018 A CORPORATE GOVERNANCE SERVICE 2018 B
ESG Evaluation Ratings
Outline of
ESG Evaluation
ESG ratings help participants of the capital market to understand the level of ESG-related risks of listed companies more intuitively and use them when making investment decisions. There are seven ESG ratings: S, A+, A, B+, B, C and D.
ESG Evaluation Ratings
S A+ A B+ B C D
Outstanding Excellent Good Moderate commonly Bad Very bad
ESG Ratings
and their Meanings
ESG Ratings and their Meanings
Rating Meaning
S The company has faithfully followed the guidelines for a sustainable management system as suggested by the bast practices for governance, environment and society. There is very low possibility of damage of shareholder values due to non-financial risks.
A+ The company has faithfully followed the guidelines for a sustainable management system as suggested by the best practices for governance, environment and society. There is significantly low possibility of damage of shareholder values due to non-financial risks.
A The company has a proper sustainable management system as suggested by the best practices for governance, environment and society. There is low possibility of damage of shareholder values due to non-financial risks.
B+ The company needs to make more efforts to build a sustainable management system as suggested by the best practices for governance, environment and society. There is a some possibility of damage of shareholder values due to non-financial risks.
B The company needs to make more efforts to build a sustainable management system as suggested by the best practices for governance, environment and society. There is a possibility of damage of shareholder values due to non-financial risks.
C The company absolutely needs to make efforts to build a sustainable management system as suggested by the best practices for governance, environment and society. There is a significant possibility of damage of shareholder values due to non-financial risks.
D The company barely has a sustainable management system as suggested by the best practices for governance, environment and society. We are concerned about the damage of shareholder values due to non-financial risks.

The result from ESG Evaluations 2019 was used in the KRX social responsible investment (SRI) index.
※ KRX SRI index
KRX SRI index
Category Notes
KRX ESG Leaders 150 Composed of the top 150 items with high integrated ESG scores that reflect the environment (E), social responsibilities (S) and governance (G).
KRX Governance Leaders 100 Composed of 100 items with high G scores or G scores that dramatically increased compared to the past.
KRX Eco Leaders 100 Composed of 100 items with high E scores or E scores that dramatically increased compared to the past.
KRX ESG Socially Responsible Management Index (S) ESG Index composed of items with high S scores.
KRX KOSPI 200 ESG Composed of 200 KOSPI items that were evaluated with high ESG scores.
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