Mistoholdings Releases Sustainability Report, Launches 2030 ESG Roadmap

Mistoholdings announced on June 29 that it has published a sustainability report detailing its key achievements in sustainable management and its long-term strategic direction.

The report outlines the company's '2030 Sustainability Management Roadmap,' based on its four core values: resilience, synergy, capability enhancement, and responsibility. It covers the implementation results and long-term value creation across all areas of ESG (Environmental, Social, and Governance).

In the environmental sector, Mistoholdings has set a target to reduce Scope 1 and 2 greenhouse gas emissions by 2030 and has expanded the management scope for Scope 3 emissions. Additionally, the company increased the proportion of products under its circular economy initiative 'FILA Re:Deuce' to 18%, a 5 percentage point increase from the previous year.

On the social front, Mistoholdings established a supply chain compliance management system. As a result, it achieved a 100% compliance rate for its first-tier suppliers' adherence to its global code of conduct and submission of third-party reports. Over the past five years, Mistokorea has supported approximately 1.28 billion won in social contribution activities, benefiting 1.05 million people.

In governance, the company has repurchased and retired shares worth 268.2 billion won, representing about 11.7% of its total issued shares. Sustainability management issues have been discussed at the board level seven times, and the company has maintained a record of zero information security or personal data breaches.

Furthermore, Mistoholdings has retained a comprehensive B+ rating from the Korea ESG Standards Institute, an A rating from MSCI ESG Ratings, and continues to be included in the FTSE4Good Index.

A representative from Mistoholdings stated, "We will enhance our climate change response, supply chain management, and responsible governance based on our 2030 Sustainability Management Roadmap."

In the first quarter of this year, Mistoholdings reported consolidated revenues of 1.289 trillion won and an operating profit of 193.7 billion won, marking increases of 4.2% and 19.0%, respectively, compared to the same period last year.