OVERVIEW
▪︎ Strategy, Structures and Processes
▪︎ Organizational Structure
1) CFO: Chief Financial Officer
2) CSO: Chief Sustainability Officer
3) EHS: Environment, Health and Safety
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▪︎ UN SDGs 17 goals
Goal 01 End poverty in all its forms everywhere
Goal 02 End hunger, achieve food security and improved nutrition and promote sustainable agriculture
Goal 03 End healthy lives and promote well-being for all at all ages
Goal 04 Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
Goal 05 Achieve gender equality and empower all women and girls
Goal 06 Ensure availability and sustainable management of water and sanitation for all
Goal 07 Ensure access to affordable, reliable, sustainable and modern energy for all
Goal 08 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Goal 09 Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Goal 10 Reduce inequality within and among countries
Goal 11 Make cities and human settlements inclusive, safe, resilient and sustainable
Goal 12 Ensure sustainable consumption and production patterns
Goal 13 Take urgent action to combat climate change and its impact
Goal 14 Conserve and sustainably use the oceans, seas and marine resources for sustainable development
Goal 15 Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification,
Goal 15 and halt and reverse land degradation and prevent biodiversity loss
Goal 16 Promote peaceful and inclusive societies for sustainable development, facilitate justice for all land build effective,
Goal 16 accountable and inclusive institution at all levels
Goal 17 Strengthen the means of implementation and revitalize global partnerships for sustainable development
▪︎ Materiality Issues
| KISCO conducts an annual materiality analysis to identify issues of critical importance to our business. Items that are identified are incorporated into our business planning. We analyzed industry trends, international sustainable management standards, domestic ESG indicators, and constructed a significant issue pool through media research, benchmarking with similar industries, and reviewing internal conditions. We then selected the most significant issues by gathering opinions from management and other internal stakeholders. |
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| ▪︎ Materiality Issues Assessment Process |
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| ▪︎ Definition of stakeholders |
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| KISCO’s stakeholders include both internal stakeholders, such as employees and management, and external stakeholders related to KISCO’s business activities, such as customers, partner companies, and shareholders. |
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▪︎ Identification of Issue Pool
| Field | NO | KISCO Issue Pool | Overall Issue Pool |
|---|---|---|---|
| Environment | 1 | Climate Change Response | Climate Change Response (Carbon Emissions), Improving Air Quality, Wastewater Management and its Impact (Industrial Wastewater), Water Resource Management (Water Usage), Waste Management (Amount, Types, Impact), Waste Recycling/Reuse, Energy Management (Electricity/Steam/LNG/Oil), Eco-certification/Activities, Hazardous Substance Management, Protection of Ecosystems, Sustainable Supply Chain. |
| 2 | Improving Air Quality | ||
| 3 | Circular Economy (Recycling/Reuse) | ||
| 4 | Wastewater Management and its Impact | ||
| 5 | Water Resource Management | ||
| 6 | Energy Management (Consumption) | ||
| 7 | Eco-friendly Product Development | ||
| Social | 8 | Human rights and diversity | Talent development (education, recruitment), Work-life balance (parental leave, welfare benefits), Human rights and diversity (UNGC), Labor-management relations (family council), Industrial safety and health, Products and services (safety and health, information/labeling), Personal information protection, Community involvement (contribution, programs), Responsible procurement, Co-prosperity with partners, Marketing/customer management, Technology/innovation, Data security |
| 9 | Labor-management relations | ||
| 10 | Community involvement | ||
| 11 | Talent development | ||
| 12 | Workplace safety and health management | ||
| 13 | Future growth drivers | ||
| Governance | 14 | Legal compliance management | Corporate governance structure, Protection of shareholder rights, Transparency and independence of the board of directors, Legal and ethical management, Audit system, Anti-corruption program, Risk management (financial/non-financial) |
| 15 | Ethics and anti-corruption |
▪︎ Materiality Issues Matrix
▪︎ Key Certifications
| Certificate | Site | First certification year | Certified by |
|---|---|---|---|
| ISO 9001 Quality Management System |
All site | 2005 | Lloyd’s Register Quality Assurance Limited |
| ISO 14001 Environmental Management System |
KIF1, KIF3, KIF4 | 2005 | Lloyd’s Register Quality Assurance Limited |
| ISO 45001 Occupational health and Safety Management System |
KIF1, KIF3, KIF4 | 2005* | Lloyd’s Register Quality Assurance Limited |
| Bluesign System bluesign® System Partner Solutions and services for sustainable textile industry |
KIF1, KIF3, KIF4 | 2010 | bluesign Technologies ag |
| Global Organic Textile Standard | KIF1, KIF3, KIF4, KIF5 | 2008 | Ecocert Group |
| ECO Passport by OEKO-TEX® Certification system for chemicals, colorants and auxiliaries used in the textile industry |
KIF5 | 2020 | TESTEX AG |
| GreenGuard Indoor Air Quality Safety Certification |
KIF5 | 2023 | UL Solutions |
| FSSC 22000 Food Safety Management Systems |
JMC | 2018 | SGS United Kingdom Ltd. |
| HAS23000 Halal Assurance System |
JMC | 2020 | Fatwa Commission of MU |
*OHSAS 18001 initial certification year, transition from OHSAS 18001 to ISO 45001 successfully passed in 2021.
※ KIF: Kyung-In Factory. Incheon Factory (KIF1, KIF2)/ Ansan Factory (KIF3)/ Sihueung Factory (KIF4,KIF5)/ Iksan Factory (KIF6)/ Yesan Factory (KIF7)
▪︎ Associations and Activities for Environmental Safety and Health
| Association | Activities |
|---|---|
| Chemicals Management Association | Discuss about all laws, administrative rules, and system implementation information services related to domestic chemical substances |
| Resource Circulation Council | Support for the activities of the self-inspection council of waste treatment companies |
| Korea Fire Protection Agency | Manage legal education for fire safety managers and hazardous materials safety managers |
| Incheon Regional Safety Management Council | Discuss about changes of PSM system and checks on regular evaluation and inspection systems |
| Incheon Regional Chemical Plant Council | Share public-private relations around chemicals and related policies |
| Chemical Plant Safety Management | Council in Western Gyeonggi Province Cooperate with residences to share policies and training contents |
| Ansan/Siheung Chemicals Handling Plant Representative Council |
Raise environmental safety awareness by sharing government environmental policies to prevent chemical accidents |
| Ansan/Siheung Environmental Engineers Association | Improved job skills for environmental technicians |
| Jeonbuk Regional Chemical Plant Council | Exchange safety and health technical information including PSM roadmap in Jeonbuk region |
| Iksan Regional Safety and Health Council | Exchange health and safety technical information in Iksan area to establish health and safety systems |
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