Kolon Life Science has received a Gold Medal from EcoVadis, a global sustainability assessment organization.
On August 11, Kolon Life Science announced that it has been recognized in the top 3% of global Environmental, Social, and Governance (ESG) evaluations after earning the Gold Medal from EcoVadis.
EcoVadis evaluates companies worldwide across four categories: environment, labor and human rights, ethics, and sustainable procurement. Since 2024, it has strengthened its assessment criteria by applying a relative evaluation method across all industries. Kolon Life Science achieved a score of 84 points under the enhanced criteria, earning the Gold Medal just one year after receiving a Silver Medal.
In this evaluation, the company received high scores in the categories of environment (91 points), ethics (88 points), and labor and human rights (81 points). The company explained that its environmental management system and execution framework, along with certifications for ISO 37001 (anti-bribery management system) and ISO 37301 (compliance management system), contributed to its positive assessment. ISO 37001 and 37301 are standards established by the International Organization for Standardization (ISO) that are awarded to organizations with systems in place to identify and control corruption and compliance risks.
Additionally, Kolon Life Science has been publishing an annual sustainability management report since last year. The '2025 Sustainability Management Report' released last month includes plans for carbon neutrality, enhanced ESG management in the supply chain, the establishment of a sustainable procurement system, and the advancement of compliance management.
Lee Han-guk, CEO of Kolon Life Science, stated, "The acquisition of the EcoVadis Gold Medal is a recognition of our ESG management efforts on a global scale. We will continue to enhance our sustainability management across environmental, human rights, ethics, and supply chain management to strengthen our corporate competitiveness."
* This article has been translated by AI.
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