News
DL Holdings Publishes First-Ever Group-Wide Integrated Sustainability Report
DATE 2023.09.14
VIEW 376
DL Holdings Publishes First-Ever Group-Wide Integrated Sustainability Report
A bird's eye view of DL Energy's offshore wind power generation project in Geumodo, Yeosu, Jeollanam-do.
- First DL Group’s integrated report as a holding company after conversion to holding company structure
- Practicing ESG management in all areas, including eco-friendly and ethical management, and governance
DL Holdings announced on the 14th that it published the DL Group integrated Sustainability Management Report for the first time since converting to a holding company in 2021. Companies publish sustainability management reports to share their socially responsible management performance with stakeholders.
This report includes the sustainability information of DL Holdings, the holding company, and its affiliates, including DL E&C, DL Chemicals, DL Energy, DL Construction, and Glad Hotel & Resort. The main contents of the report are ESG (environmental, social, and governance) management philosophy and direction, sustainable management strategy, ESG management system, and performance. Each affiliate strives for ESG management activities such as developing eco-friendly products, responding to climate change, and recycling resources to generate positive business outcomes and achieve sustainable growth in the future.
In this report, DL Holdings selected CARBONCO, established last year to lead the CCUS (carbon dioxide capture, utilization, and storage) industry, as an excellent ESG example within DL Group. CARBONCO has been praised for not only engaging in greenhouse gas reduction activities to respond to climate change but also going beyond to lay the foundation for the global community to contribute to responding to climate change through carbon reduction. The report also presented the creation of the ESG committee by DL's major affiliates to establish a governance structure for ESG management as a significant achievement.
DL Holdings plans to continue to contribute to achieving carbon neutrality by 2050 and a sustainable environment by expanding related businesses according to its eco-friendly portfolio to shift the eco-friendly business paradigm. In addition, the company will continue to strengthen its ESG management capabilities so that ESG activities within DL group can be promoted organically and effectively while continuing efforts to ensure transparency in the board of directors-centered governance structure.
Jong Hyun Kim, CEO of DL Holdings, said, “With the changed group brand identity following the transition to a holding company structure, we have eliminated unnecessary processes and wasted resources, and we are now working very hard on ESG management activities that contribute to a sustainable environment,” and added, “we will concentrate our capabilities for eco-friendly new businesses and continue to strategically practice and strengthen ESG management through ESG committee activities at the holding company and affiliates.”
