Youngone Corporation Releases ESG Report Highlighting Environmental and Social Initiatives

Youngone Corporation announced on July 1 that it has published its "2025 Sustainability Management Report," detailing its key activities and achievements in the ESG (Environmental, Social, and Governance) sector.

The report was prepared in accordance with global disclosure standards, including the Global Reporting Initiative (GRI) Standards 2021 and the Task Force on Climate-related Financial Disclosures (TCFD).

In the environmental section, the report outlines efforts to combat climate change and transition to renewable energy. Last year, Youngone expanded its production of eco-friendly products using recycled materials and strengthened its circular economy framework.

The company also plans to increase investments in solar power facilities at its overseas production sites, aiming to establish approximately 71 megawatt-peak (MWp) of capacity by the end of this year.

In the social section, the report highlights investments in local communities. A notable example is the medical complex within the Korea Export Processing Zone (KEPZ) in Bangladesh. Youngone currently operates a general hospital with about 100 beds and a nursing college, with plans to expand the hospital to approximately 500 beds and establish a medical school by next year. Additionally, the company aims to build a specialized college for textiles and fashion with a capacity of around 800 students.

In the governance section, Youngone emphasized its efforts to enhance shareholder value and improve risk management systems. The company has established and disclosed plans to enhance corporate value and shared its long-term growth strategy.

Seong Rae-eun, Vice Chairperson of Youngone Corporation, stated, "Through the Sustainability Management Report, we are transparently disclosing our ESG achievements and ongoing efforts to stakeholders. We will do our best to become a company that creates a sustainable future together."

Meanwhile, Youngone Corporation operates the outdoor brand The North Face and engages in OEM (Original Equipment Manufacturing) and ODM (Original Design Manufacturing) businesses for global brands such as Lululemon, Patagonia, and Arc'teryx.