KT&G reorganized its governance structure to take action against mid-to long-term climate-related risks, and established ESG Planning Team to strengthen capabilities of working-level organization.
Climate Change Organization and R&R
Board of Directors
In September 2020, we granted the authority of making decisions on ESG issues to the Board. The Board is responsible for reviewing the mid- to long-term climate change strategies according to KT&G’s ESG approach. Also, it approves major ESG activities, manages and oversees their implementation.
ESG Management Committee
ESG Management Committee, which consists of executives from relevant departments, reviews major ESG/ environmental issues regularly and reports to the Board.
ESG Planning Team
ESG Planning Team, a working-level organization under Strategy & Planning Division, is a control tower for establishing an ESG/ environmental management system that meets global standards. With ESG/Environment Task Force, the team reviews the ESG/ environmental strategic approach and activities, and responds actively to stakeholder needs including shareholders, government, members, and local communities.
ESG/Environment Task Force
The Task Force, which is composed of personnel from relevant departments, holds meetings for major ESG issues to review implementation status of activities such as GHG reduction.