KCGS 한국ESG기준원

On January 7, 2021, Korea Corporate Governance Service(KCGS) held an ESG Rating Committee meeting and downgraded the Environmental(E), Social(S), and Governance(G) grades* of seven companies. The negative adjustments are based on the added ESG risk identified from October 2020 through January 2021 after the regular rating activity** conducted in October 2020.

* KCGS’s ESG grades, both individual and integrated, include S, A+, A, B+, B, C, and D.

** For enhanced timeliness of its ESG rating grades, KCGS raised the adjustment frequency from semi-annually to quarterly, effective from 2020. The next rating adjustment (2021 2nd) is due in April.