SIMMTECH is strengthening ESG management based on the company's core value for sustainable growth. SIMMTECH's core value is 'Integrity', which means keeping all promises beyond honesty and SIMMTECH is achieving a healthier global environment, happier communities, and more transparent governance based on it. We will pursue 'ENABLE A BETTER WORLD ' and practice sustainable management.
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ESG Management System
SIMMTECH has established a dedicated ESG organization to define ESG key issues to set up and implement ESG strategies, also operates company-wide ESG management system in which related teams can co-work efficiently. We will try to strengthen the ESG management system to expand positive impact on the environment and society and enhance corporate value.
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Double Materiality Assessment
- Overall
- SIMMTECH annually conducts double materiality assessment to identify the company's key sustainability issues and establish appropriate strategies. As the first procedure of the assessment, the responsible team complies the current status of ESG management to organize an issue pool. Then the team analyzes the materiality of each issue in a business perspective and also assesses the materiality in an impact perspective through stakeholder surveys. Detailed strategies are establised and managed for those selected key issues.
- Assessment result
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2025 ESG Key Issue : GHG Reduction
- Effect
- As greenhouse gas is a global environmental issue related to climate change and biodiversity, many governments have tightened regulations and relavant requirements have been increasing in the market. Through GHG reduction, we will contribute to the environment, increase the value of the company and further strengthen trust with our customers.
- Strategy
- SIMMTECH has establised a team dedicated to GHG and energy matters through which we keep monitoring greenhouse gas emissions and energy use. While monitoring those data, various efforts are conducted to reduce GHG such as company-wide energy saving activitie, gradual adoption of renewable energy and reviewing and implementing investments related to the reduction.
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ESG financial risk monitoring
To prepare for potential ESG financial risks that may arise from stakeholders requirement, Simmtech conducts annual monitoring on those risks. We plan to keep establishing strategies to prepare for the potential risks derived from the process and carry out continuous monitoring on them.
- 2025 Key review (Climate Change and Wastewater Management)
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ESG Ratings
SIMMTECH has been recognized in its excellent performance of sustainable management from various ESG evaluation agencies.
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KCGS
2024 ESG Overall Rating E(Environmental) S(Social) G(Governance)
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Sustinvest
2024 ESG Overall Rating Scale Class
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Who's Good
2024 ESG Overall Rating
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