in Story & News
Member Companies
Headline
Veolia Korea
25th Anniversary Celebrations
Veolia Korea, which celebrated its 25th anniversary on October 17, serves as an ESG partner for its clients, supporting sustainable solutions for decarbonization, pollution removal, and resource regeneration. Established in France in 1853, Veolia entered the Korean market in 1999 and has since invested over KRW 1 trillion in the water, waste, and energy sectors. The company currently operates in over 50 locations with 1,200 employees. As a leader in global ecological transition and resource management, Veolia Korea provides tailored environmental solutions in industrial water services, wastewater treatment, waste management, and energy sectors to top Korean companies and local governments.
SPC Group
The Only Korean Company Invited to Dinner Hosted by the French President
On October 21, SPC Group’s CEO Jin-soo Hur was invited to a dinner hosted by French President Emmanuel Macron. He was the only Korean business leader invited to the dinner, which celebrated the 60th anniversary of the International Food Trade Fair SIAL in Paris. This invitation recognizes SPC Group’s contributions to the KoreaFrance economic and food culture exchange through its global operations with Paris Baguette. SPC Group Chairman Young-in Hur and CEO Jin-soo Hur actively attend international food fairs to stay on top of global food industry trends and introduce new ingredients. With this invitation to President Macron’s dinner, SPC Group’s global business expansion is expected to gain greater momentum.
Mohegan Inspire
President Chen Si Receives Industrial Service Medal for Attracting Foreign Investment
On November 5, Chen Si, President of Mohegan Inspire Entertainment Resort, was awarded the Industrial Service Medal as part of the 2024 Foreign Company Day event hosted by the Ministry of Trade, Industry and Energy and organized by the Korea Foreign Company Association. Foreign Company Day, held annually since 2001, honors companies, institutions, and individuals who have contributed to the Korean economy through Foreign Direct Investment (FDI). Chen Si was recognized for successfully leading the largest FDI in the tourism and leisure sector, which positively impacted Korea’s tourism industry. Mohegan Inspire has contributed to the development of the domestic tourism industry by opening a resort worth about KRW 20 trillion on Yeongjongdo Island, with FDI totaling approximately $700 million.
Hyundai Mobis
Value-Up Strategy Presented at CEO Investor Day
Hyundai Mobis held its 2024 CEO Investor Day on November 19, where CEO Gyu-suk Lee presented the company’s long-term growth direction and strategies to investors, analysts, and credit rating agencies. The event included specific action plans for achieving goals in global sales and ESG. Hyundai Mobis aims to improve its business structure focused on profitability, with a target of 8% annual revenue growth and an operating profit margin of 5-6% by 2027. Additionally, the company plans to increase the share of global OEM customers in the parts manufacturing sector to 40% by 2033 and achieve a Total Shareholder Return (TSR) of over 30%, while actively pursuing a balanced shareholder return policy.
Yuhan Corporation
Yuhan’s Anticancer Drug Becomes First to Enter US Market
Yuhan Corporation’s LECLAZAⓇ(marketed as LAZCLUZE™ overseas) has become the first Korean anticancer drug to enter the US market in 2024. LECLAZA, a treatment for nonsmall cell lung cancer, was introduced in South Korea in 2021 as the country’s 31st new domestic drug. In the United States, it received FDA approval in August 2024 for combination therapy with Janssen Biotech, Inc.’s RYBREVANTⓇ. Prior to insurance coverage for LECLAZAⓇ as a firstline treatment in the second half of 2023, Yuhan provided the drug free of charge to approximately 900 lung cancer patients in Korea, estimated at a value of KRW 30 billion over a sixmonth period. Yuhan Corporation, poised to celebrate its 100th anniversary in 2026, is actively pursuing R&D to become one of the world’s top 50 pharmaceutical companies and take the leap forward as a global big pharma.
2024 Survey and Analysis Report:
ESG at Leading Companies
Environmental Social Contribution Projects
An analysis of 142 newly launched social contribution projects (from 125 companies) in 2023 revealed that programs focusing on “environment” accounted for the largest share, at 23.9%. With the institutionalization of ESG occurring most rapidly in the environmental sector, there is an increasing need for companies to respond to the growing global emphasis on ESG. In line with this trend, many companies have actively engaged in greenhouse gas reduction and management, circular economy practices, investment in ecofriendly technologies, and the development of environmentallyfriendly products.
2024 Survey and Analysis Report: ESG at Leading Companies
This report expands upon the corporate sector survey in the “White Paper on Social Contributions by Major Companies and Corporate Foundations” that has been published by FKI since 1993. It includes an analysis of connections to the UN SDGs and the creation of social value by major companies.
BGF Retail
Beach Cleanup Activity “Safe Food, Save Earth”
Purpose: Protect the marine environment, and provide environmental education for employees.
Details: BGF Retail has adopted Gungpyeongni Beach in Hwaseong, Gyeonggido Province, conducting annual beach cleanup activities with employees and small business partners.
➊Organized and participated in marine ecosystem conservation activities.
➋Promoted ecofriendly practices in daily life through environmental education for employees and franchisees.
➌Approximately 110 employees and small business partners participated in the cleanup, collecting 93kg of marine debris.
SK Innovation
ESG Management Support for Startups and Social Enterprises
Purpose: Support ESG management for startups using SK Innovation’s ESG expertise and environmental impact assessment technology.
Details: The expertise of the SK Innovation’s Institute of Environmental Science & Technology is utilized to support environmental value creation and ESG management for startups, social enterprises, and social ventures.
➊Provided support for data management aimed at improving the environment through Life Cycle Assessment (LCA).
➋Improved the reliability of environmental information for social ventures.
➌Contributed to the creation of new business opportunities.
Hyosung Group
Hyosung Ocean Forest Creation Project
Purpose: Address climate change and protect marine environments from pollution.
Details: Participated in the creation of ocean forests in the Wando Sea area.
➊Employees from five Hyosung Group companies (Hyosung, Hyosung TNC, HS Hyosung Advanced Materials, Hyosung Heavy Industries, Hyosung Chemical) directly participated in making seaweed seedling trays and transplanted 2,000 seaweed plants.
➋Invested a total of KRW 1.3 billion (50% government funding, 50% Hyosung Group) in collaboration with the National Fisheries Resources Agency’s South Sea Branch for the creation of ocean forests by 2027, playing a leading role in securing blue carbon resources to address climate change.
Chong Kun Dang
“Beautiful Closet” Campaign
Purpose: Support the health of climatevulnerable communities during summer.
Details: Employees donated summer clothes to residents in underprivileged cubicle villages (jjokbangchon).
➊Donated unused summer clothes to residents in cubicle villages.
➋Provided about 500 electrolyte drinks to prepare for the summer heat.
➌Practiced recycling and reuse to protect resources and contribute to a circular economy.
KCC Glass
“Save Birds KCC Glass” Wild Bird Protection Campaign
Purpose: Raise awareness of the importance of wild birds and birdfriendly architecture.
Details: Launched a biodiversity conservation campaign for the protection of wild birds.
➊Selected buildings located near forests, where collisions with wild birds are expected to be frequent.
➋Affixed bird collision prevention stickers to external glass, certifying the buildings as “Save Birds KCC Glass BirdFriendly Buildings.”
➌Conducted a survey on wild bird collisions in collaboration with the National Institute of Ecology.