Paradise has been recognized for its achievements in ESG (Environmental, Social, and Governance) management by receiving the Minister of Health and Welfare Award. The award reflects the company's comprehensive ESG strategy, which includes carbon neutrality and the management of human rights and health and safety, extending to its partners.
On September 15, Paradise announced that it received the Minister of Health and Welfare Award at the '2026 National Contribution Awards' ceremony held at the Seoul Garden Hotel Grand Ballroom.
The National Contribution Awards select companies based on their social contribution activities and management performance, with support from various ministries, including the Ministry of Health and Welfare, the Ministry of Science and ICT, the Ministry of Education, the Ministry of the Interior and Safety, the Ministry of Agriculture, Food and Rural Affairs, the Ministry of Trade, Industry and Energy, the Ministry of Climate Change, Energy and Environment, and the Ministry of Employment and Labor.
Since last year, Paradise has been refining its group-wide ESG management strategy. In its '2025 Paradise Sustainability Management Report' published in June, the company outlined its long-term ESG direction and key tasks to be pursued by 2030.
Paradise has linked its core value of 'Happy Memories' with ESG management, broadening its focus to include supply chain management alongside environmental and human rights issues, as well as health and safety.
In the environmental sector, Paradise has set a long-term goal of 'carbon neutrality by 2050.' Based on the environmental management policy and climate change policy established in 2025, the company plans to gradually reduce carbon emissions from its hotels, casinos, and integrated resorts.
In the social sector, Paradise has established principles for respecting human rights through its 'Human Rights Management Declaration,' which encompasses not only employees but also customers and partners. The company continues its social contribution activities, focusing on the arts, culture, welfare, and education.
Safety and health management, as well as supply chain management, have also been strengthened. Paradise operates a safety and health management system across the group and its affiliates based on risk assessments, and has established sustainable supply chain management policies and a code of conduct for partners. This code includes human rights, labor, environmental, and ethical standards that partners must adhere to.
Changes have also been reflected in external ESG evaluations. Paradise reported a three-step increase in its overall rating from D to B+ in the Korea Corporate Governance Service (KCGS) assessment compared to the previous year.
A Paradise representative stated, “This award is significant as it recognizes our efforts to enhance sustainability management standards. We will continue to demonstrate our commitment to sustainable management as a leading company in the integrated resort industry and set new ESG standards in the sector.”
* This article has been translated by AI.
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