KT&G has obtained a Grade A in the environment, social and governance (ESG) evaluation conducted by Morgan Stanley Capital International (MSCI).
Every year, MSCI evaluates about 8,500 listed companies worldwide by dividing them into different types of businesses and rating their business status related to the environment, social responsibilities, and corporate governance in the range of AAA to CCC. This year, KT&G was evaluated along with 11 global tobacco companies.
This year’s grade is one level up from last year’s BBB.
Last year, KT&G obtained an A+ for the second consecutive year and won the “Grand Prize” in the domain of governance in the ESG evaluation performed by the Korea Corporate Governance Service in recognition of its establishment of an excellent sustainable management system.
The company has also been publishing the KT&G Report since 2007 to deliver transparent and accurate ESG information to domestic and overseas stakeholders as well as share various social responsibility activities with them.