KT&G is fully committed to resolving universal ESG challenges facing humanity in the areas of society, environment & climate change, and economy to create a healthy industrial ecosystem for all stakeholders. The KT&G's board of directors decides and reviews ESG's related matters under the leadership of the entire board of directors for more systematic and advanced management of ESG. In the future, KT&G will continue to expand and strengthen the sustainability of its businesses based on a global level of ESG governance.
UN Sustainable Development Goals (SDGs)
KT&G endorses the UN ‘Sustainable Development Goals’ (SDGs), a set of common global goals intended to promote human prosperity and preserve the environment, and prepares the KT&G Report in accordance with pertinent standards.
Resolved local issues and
promoted shared growth
Created a good
of the high-temperature
Operation of solar
new recruitments /
for climate change
Sustainability Accounting Standards Board (SASB)
The SASB presents ESG reporting standards that reflect industry-specific characteristics for qualitative comparison of financial and ESG performance across different industries. KT&G complies with the SASB standards in preparing the KT&G Report to make preemptive disclosures on the issues that the company faces as a tobacco manufacturer.
|Next Generation Product||Responsible Marketing and Labeling|
KT&G is striving to satisfy diverse customer needs by developing high-quality products promptly based on product differentiation strategies in the e-cigarette segment which is emerging as a new platform to lead the future market
KT&G performs responsible and sustainable marketing in accordance with the tobacco related policies and regulations that were amended based on the FCTC of WHO
Climate Change Response (TCFD)
KT&G aims to proactively respond and prepare for risks and opportunities caused by climate change. Based on the company-wide environmental management system, we actively participate in Global Initiatives related to climate change and promote activities for the reduction of GHG emissions and energy consumption.
ESG Assessment Outcomes
KT&G aims to maximize its non-financial performance in the areas of environment, society, and governance in addition to financial performance to practice the sustainability management in full compliance with international standards. Such endeavors allowed KT&G to achieve the highest rating of A+ in the ESG assessments made by Korea Corporate Governance Service for two consecutive years(2018~2019), and to receive the Grand Prize in the corporate governance category in 2019.
|Recieved A Level(excellent grade)in the ESG Evaluation||Recieved A+ Level (highest grade) in the ESG Evaluation for 2 consecutive years||Awarded the ‘Grand Prize’ in the Governance Evaluation|
KT&G deeply concurs with the importance of ESG management, a key requirement in the global community. KT&G constantly communicates through its corporate website on how the company responds to each of the key issues chosen by the MSCI, and internationally-renowned provider of the ESG ratings, and will put persistent efforts in fostering sustainable growth.
ESG Rating History
Governance Assessment Results in 2019