To demonstrate our commitment to ESG management, SIMMTECH has established an ESG team and annually conducts materiality assessments and financial risk monitoring to identify sustainability issues and report them to the board of directors. Through these works, we will timely recognize ESG issues that can affect the company and manage key issues efficiently and continue sustainable management.

• 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

  ESG Materiality

  

  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.

  

  In order to secure competitiveness as a sustainable company, Simmtech adopts the key ESG issues that reflect the current status of the company and the specificity of the industry. In addtion, we prioritize the influence on the business and the level of interest of stakeholders.

  

• 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)

  

• ESG Ratings

  SIMMTECH demonstrates transparent and responsible business practices by disclosing its ESG evaluation ratings.

  • Sustinvest(Periodic Evaluation in 2023)

    ESG Overall Rating※	Scale Class

    ※Although each of the environmental, social, and governance part is evaluated separately, Sustinvest disclose only the overall rating according to its internal regulations.
  • Who's Good(Periodic Evaluation in 2023)

    ESG Overall Rating	E(Environmental)	S(Social)	G(Governance)

  • KCGS(Periodic Evaluation in 2023)

    ESG Overall Rating	E(Environmental)	S(Social)	G(Governance)