Kolon Life Science has initiated efforts to enhance its ESG (Environmental, Social, and Governance) management system across its business operations.
On July 8, Kolon Life Science announced the publication of its '2025 Sustainability Report,' which outlines its ESG management achievements and future strategies.
This report is the second issued since the company released its first sustainability report last year. It details changes and execution directions across its operations, including the specification of carbon neutrality implementation plans, strengthening ESG management in the supply chain, refining responsible procurement systems, and enhancing compliance management.
In the environmental sector, the report specifies a long-term roadmap for carbon reduction, aiming to cut greenhouse gas emissions (Scope 1 and 2) by 5% by 2030 compared to 2024 levels. The company plans to continuously improve its environmental management system across production and operations to establish eco-friendly workplaces.
Additionally, the supply chain management system has been strengthened. The company has established a supplier code of conduct and laid the groundwork for improving ESG standards related to ethics, environment, and human rights among its partners. This aims to elevate the overall management level of the supply chain and systematically respond to the ESG demands of global clients.
To enhance responsible procurement systems, new policies regarding conflict minerals and extended minerals have been incorporated. The company has clarified its principle of not using conflict minerals and has established a responsible procurement system concerning extended minerals, including the use of recycled copper.
The governance and compliance management sections include achievements from obtaining ISO 37001 (Anti-Bribery Management System) and ISO 37301 (Compliance Management System) certifications in August of last year. ISO 37001 and 37301 are standards established by the International Organization for Standardization (ISO) and are awarded to organizations that have systems in place to proactively identify and control corruption and compliance risks.
Lee Han-guk, CEO of Kolon Life Science, stated, "Sustainable management is a standard that companies must adopt for long-term growth. We will enhance our capabilities in responsible procurement and supply chain management while continuously strengthening our research and development, quality, and compliance systems to increase trust and competitiveness across our business operations."
* This article has been translated by AI.
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