GS Group Green Council officially launched… Strengthen ESG management

GS Group launched the’Eco-friendly Council’ to promote environmental, social, and governance (ESG) management in earnest.

Heo Tae-soo Chairman of GS

picture explanationHeo Tae-soo Chairman of GS

GS[078930]Announced on the afternoon of the 24th that it officially launched an eco-friendly council composed of chief environmental officers (Chief Green Officer, CGO) of each affiliate with GS Chairman Huh Tae-soo participating at GS Tower in Gangnam-gu, Seoul.

The Eco-Friendly Council is the highest decision-making body responsible for deliberation and resolution on GS Group’s ESG management and promotion of new eco-friendly businesses, and is in charge of tasks such as social contribution, shared growth, sustainable management, safety, health and environment, and promotion of new eco-friendly businesses. Is done.

The eco-friendly committee, held once a month, is chaired by GS Co., Ltd. President Soon-ki Hong, and CGOs of each affiliate participate as members to discuss pending issues, and the CEOs of each company act as advisors. CEOs of each company, including Chairman Heo Tae-soo, will discuss current issues through an expanded eco-friendly consultative body held every quarter.

The eco-friendly council includes the ESG division in charge of social contribution, shared growth, and sustainability management as well as ESG management, the safety, health and environment division in charge of air pollution and carbon emission, and facility operation at each business site, and climate. It has decided to establish three sub-divisions, including the eco-friendly new business division, which is responsible for responding to change and recycling industrial bio and resources.

GS launches eco-friendly council

picture explanationGS launches eco-friendly council

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This is a result of Chairman Huh Tae-soo’s strong commitment to promoting eco-friendly management.

Chairman Huh emphasized eco-friendly management, saying, “Environmentally, pursuing sustainability is the demand of society and customers, especially when pursuing new businesses along with energy saving and efficiency improvement in existing businesses,” he said.

Through this, we newly established’sustainable management through eco-friendly environment’ as the core value of GS Group.

A GS Group official said, “We will strengthen ESG management through collaboration with all GS Group executives and affiliates, while actively implementing eco-friendly practices in small areas to practice the core value of’sustainable management through eco-friendliness.” said.

On the other hand, GS Group began to discover new eco-friendly businesses by recruiting biotech startups to participate in the’The GS Challenge’ program that runs until the 7th of next month.

In addition, as a bridgehead to discover new eco-friendly businesses, it is expected to create synergy with the group-related businesses in the digital and eco-friendly energy sectors by establishing’GS Futures’, a venture investment corporation in Silicon Valley, USA last year.

At last month’s’GS New Year Executives’ Meeting, Chairman Huh said, “We need to combine human and material capabilities with GS Group affiliates, and seek new opportunities through open innovation in cooperation with startups and venture capitalists, “We need to pursue a’New to Big’ strategy to discover and grow other new businesses.”

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