Korean Air announced on Dec. 14 that it has been recognized at home and abroad for its strong environment, social and governance (ESG) performance.
The airline recently has been incorporated into the Dow Jones Sustainability Korea Index (DJSI Korea), a reputable sustainability evaluation index recognized worldwide. DJSI Korea is composed of the top 30% of the 200 largest Korean companies by market capitalization in terms of sustainability.
DJSI is a global sustainable management evaluation index released annually by the world’s largest financial information provider, S&P Dow Jones Indices and evaluation agency S&P Global Switzerland SA.
In addition, Korean Air has recently received a top grade in the Institutional Shareholder Services’ (ISS) ESG evaluation of the airline industry sector.
This year, Korean Air has also received high scores from major ESG rating companies in Korea: an integrated grade A for the third consecutive year from the Korea Institute of Corporate Governance and Sustainability (KCGS) and an overall grade AA from Sustinvest.
The high evaluation of Korean Air’s ESG performance both in Korea and abroad is in line with its various efforts to enhance ESG management throughout the company.
The airline established an ESG committee to closely review the company's major management decisions that have a significant impact on shareholder value and shareholders’ rights and interests.
Meanwhile, while the airline continues its various efforts across the company to bolster sustainability such as by issuing ESG bonds, introducing eco-friendly aircraft, and using sustainable aviation fuel (SAF), the airline is also carrying out various corporate social responsibility activities such as transporting emergency relief supplies, supporting local communities, and collaborating closely with partners.
