Sustainability Management
ESG management
For a GREENer Tomorrow,
Make the world of tomorrow a more beautiful place.
Under the vision of "For a GREENer Tomorrow", SeAH Besteel will actively respond to climate change and "Make the world of tomorrow a more beautiful place." We will do this through a people-centered ESG management approach.
ESG strategy
The GREEN Strategy, consists of five key areas and nine strategic tasks.
It aims to create ESG performance systematically through detailed implementation of tasks.
Sustainability management report
These reports contain SeAH Besteel's efforts, and achievements to "Make the world of tomorrow a more beautiful place."
2024 Report Download
2023 Report Download
These reports contain SeAH Besteel's efforts, and achievements to "Make the world of tomorrow a more beautiful place."
2024 Report Download 2023 Report DownloadESG Governance
All employees are encouraged to think about and promote ESG. This is done by establishing a four-level organizational system. We identifying issues through working councils in key areas, and internalizing ESG through periodic performance management of action tasks.
Stakeholder policy and code of conduct
SeAH Besteel will continuously communicate and cooperate with it's stakeholders to find a balance between the common values it pursues and the demands it expects, Also to ensure that they are appropriately reflected in its internal decision-making process.
Stakeholder communication channels
| Subject | Communication channels | Engagement activities |
|---|---|---|
| Customers | Website, customer center, blog | Product and service inquiries, suggestions, and other opinions, etc. |
| Employees | Intranet, trade unions, employee surveys | HR-related issues such as changes in the business environment, wage negotiations, etc. |
| Competitors and suppliers | Shared growth programs | Issues related to win-win cooperation, such as fair contracts and unfair trade. |
| Government and communities | Government policy fairs and meetings | Issues such as participation in national projects, government regulatory policies, local environmental protection, and community contribution activities |
| Shareholders and investors | General meetings of shareholders and IR disclosures | Issues related to stock price and dividend changes, changes in the business environment and business performance, general meetings of shareholders, etc. |
Initiatives
SeAH Besteel participates in initiatives and related organizations that are closely related to its business areas things, Such as low-carbon and eco-friendly initiatives, in order to identify industry trends and collaborate with various stakeholders.
|
Global Reporting Initiatives | A standard that has been under continuous development since the GRI Guidelines, The first global framework for sustainability reporting, was published in 2000 |
|
Sustainability Accounting Standards Board |
HR-related issues such as changes in the business environment, wage negotiations, etc. |
|
UN Sustainable Development Goals |
17 shared goals that humanity resolved to achieve by 2030 at the 70th UN General Assembly in 2015 |
|
Task force on Climate-related Financial Disclosures |
A task force launched by the Financial Stability Board (FSB). This encourages companies to disclose information on climate change. |
Certification
SeAH Besteel has obtained various certifications in the fields of
environmental, social, and governance. In order to internalize
ESG management and strengthen its expertise in each area more
this here.