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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ESG Materiality Assessment
- Overall
- Considering overall ESG activities of the company, SIMMTECH has derived Issue pool and conducted the assessment based on business impact and stakeholder interest that we forecast. We will try to prepare appropriate strategies for those key issues concluded as important in the assessment.
- Assessment result
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Key Issues : Greenhouse Gas Reduction and Energy Saving
- Effect
- Crisis of climate and environmental changes such as global warming is a world-wide issue and the company also evaluates these effects as important. Through joining the global carbon neutrality effort, we will contribute to the environment, increase the value of the company and further strengthen trust with our customers.
- Action Strategy
- SIMMTECH has established a team which manages greenhouse gas and energy matters. Through this, we conduct various works such as compiling and monitoring greenhouse gas emissions and energy use, and reviewing and implementing investments related to reducing greenhouse gas emissions. In addition, we put company-wide efforts to reduce energy use and we are in porcess of gradually adopting renewable energy.
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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.
- Result of the review (Including Climate chage issue)
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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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