LS MnM is advancing its sustainable management framework while accelerating the establishment of supply chains for key materials in future growth industries.
The company announced on June 9 that it published its "2025 Sustainability Management Report" on May 29, detailing its environmental, social, and governance (ESG) achievements from the previous year. This marks the fourth consecutive year that LS MnM has released such a report, starting in 2023.
The report focuses on five major issues: sustainable supply chain management, climate change response, pollution and hazardous substance management, securing future growth drivers, and industrial safety and health.
Notably, LS MnM has integrated sustainability elements into its overall risk management system. This enhancement shifts the focus from traditional financial and reputational risk management to a two-way risk management approach that considers the environmental and social impacts of corporate activities.
In terms of climate change response, the company is promoting a transition to low-carbon technologies by optimizing the operation of existing production facilities to reduce greenhouse gas emissions. Additionally, it has strengthened its capabilities in environmental pollution prevention by utilizing its IT systems for real-time management of hazardous substance data.
Supply chain management has also been refined. The company has detailed its raw material supply chain due diligence procedures, enhancing management standards, and reported that no high-risk elements were found in last year's supply chain assessments.
LS MnM is also focused on securing essential raw materials to respond to future industry growth, particularly in electric vehicles, physical AI, and semiconductors. The company aims to enhance its global supply chain competitiveness through its investment in nickel refining facilities in Indonesia, which are crucial for battery production.
"We are pursuing practical sustainable management that links risk and opportunity factors with our business strategy," said Gu Dong-hwi, CEO of LS MnM. "By proactively responding and communicating with stakeholders, we aim to grow into a trusted company in the global market."
* This article has been translated by AI.
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