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Sustainability Survey and ESG Trends in Korea - Sustainability trends show shift form
Sustainability Survey and ESG Trends in Korea

 

NewswireTODAY - /newswire/ - Goyang-Si, Gyeonggi-Do, Korea (South), 2009/12/23 - Sustainability trends show shift form "responsible businesses to strategic sustainability ESG research evidence indicates strong financial out-performance by sustainable Korean companies.

   
 
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In autumn 2009, SolAbility conducted a corporate sustainability survey amongst professionals in Korean corporations. The results of the survey and evidence form SolAbility’s ESG research work have now been published in a report. The full report is available as PDF from the SolAbility website.

Highlights of the survey include:

• 187 respondents form a variety of business backgrounds;
• More than 55% of respondents say their organization has implemented sustainability activities;
• Initial sustainability activities were focused on “social responsibility” activities (ethical management, social activities), rather than strategic considerations;
• However, the view on sustainability has been changing significantly and rapidly over the last 2 years;
• 65% of respondents indicate that sustainability has become more important at their respective company since the outbreak of the global financial & economic crisis;
• 97.8% of respondents expect that their company will have fully implemented sustainability management by 2014.

ESG Research highlights

• Sustainable companies significantly outperform the less sustainable companies in terms of financial performance, both long- and short term: A portfolio of the 0 most sustainable Korean companies has outperformed the stock index (KOSPI) by more than 200% since 2002, 18% in 2009;
• Increase in sustainability activities amongst Korean corporations have been observed over recent years;
• The push for integrating sustainability has gained significant monumentum with the recent financial and economic crisis.

 
 
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Agency / Source: SolAbility

 
 

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Sustainability Survey and ESG Trends in Korea

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Contact: Andy - SolAbility.com 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SolAbility securities in any jurisdiction including any other companies listed or named in this release.

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