The report transparently presents the companies' environmental, social, and governance (ESG) management goals, current status, and achievements to stakeholders. It includes performance data from 2025 along with updates from the first half of 2026 to ensure continuity in information sharing.
Dongkuk Steel's report features its slogan "Steel for Green," highlighting its achievements in carbon neutrality and progress in various ESG areas. Notably, it details advancements in expanding its sales portfolio and the implementation of its "Smart Factory 4.0" initiative aimed at manufacturing innovation.
Key ESG achievements cited by Dongkuk Steel include efforts to reduce carbon emissions, the establishment of a third-party verification system for calculating supply chain greenhouse gas emissions (Scope 3), and obtaining family-friendly enterprise certification. The company also reported the creation of a shared growth fund and the establishment of a shareholder-friendly dividend policy. Dongkuk Steel received an integrated A grade in the 2025 evaluation by the Korea Corporate Governance Service (KCGS).
Dongkuk CM's report, under the slogan "Clean Move, Green Steel," outlines its commitment to establishing a comprehensive ESG management system. It emphasizes proactive measures taken in response to the rapidly changing trade environment, including the rise of global protectionism and the implementation of the Carbon Border Adjustment Mechanism (CBAM).
For the first time, Dongkuk CM disclosed its achievements in global ESG initiatives, including obtaining a rating from the Carbon Disclosure Project (CDP) and receiving a medal from EcoVadis. The report also mentions strengthening business competitiveness through the acquisition of Ajou Steel and the introduction of guidelines for disclosing natural capital financial information (TNFD).
Since its split into a holding company and two steel corporations, Dongkuk Steel Group has been refining its unique ESG management models tailored to the specific characteristics of each business. The group aims to generate tangible ESG results in response to climate change and global regulatory barriers while transparently disclosing its status and achievements to establish itself as a sustainable steel company.
Meanwhile, the domestic steel industry continues to invest billions of won in expanding electric arc furnace operations, developing hydrogen reduction steelmaking technology, and increasing low-carbon product offerings to achieve carbon neutrality by 2050. ESG disclosures are increasingly viewed as a key competitive advantage that influences entry into global supply chains and attracts investment.
* This article has been translated by AI.
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