It’s the only Korean company…5% → 1% rise
Industry mover with significant improvement is also selected
Celltrion was selected as the “Top 1%” company in the biotechnology sector in the Corporate Sustainability Assessment (CSA) organized by global credit rating agency S&P Global. It is the only bio company in Korea.
According to the company on the 15th, Celltrion rose one notch from the top 5% globally last year to 1% this year. It is also listed as “Industry Mover,” which is given to companies that improve ESG performance compared to the previous year.
CSA is an indicator that selects the top companies by industry by comprehensively evaluating the environment (E), society (S), and governance (G) of 12,000 companies around the world. The evaluation results are reflected in The Sustainability Yearbook and the top 1%, 5%, and 10% companies are classified by industry.
Celltrion believes that it reflects the fact that it has established a management system throughout ESG. In the environmental sector, greenhouse gas emissions are managed based on the 2045 carbon neutrality goal, and eco-friendly vehicle conversion and renewable energy use are expanded. It is managing the environmental impact of the entire process from production to disposal by expanding the entire process evaluation (LCA) for biosimilar products.
In the social sector, we are continuing to support bio-ecosystems through open innovation programs for startups. Using the funds raised through the in-house bazaar “Celebrity Market” and the marathon donation campaign “Dream Run,” medical environment improvement and patient support activities in developing countries are also underway.
In terms of governance, the introduction of the senior independent director system is strengthening the independence of the board of directors and establishing a governance system that meets global standards. In the shareholder return policy, cash dividends and treasury stocks worth about 895 billion won were incinerated last year, recording a return rate of more than 100%.
An official from Celltrion said, “It is the result of being recognized for ESG competitiveness and improvement efforts in the global market at the same time,” adding, “We will strengthen our sustainable growth base.”