'RBA' 검색 결과

To meet the increasing demand for more efficient tech products that consume less power, Samsung Display has invested heavily in sourcing cutting-edge global material companies and tapping talent to support its development of low-power OLED technology over the past ten years.

Samsung Display became the first display company in Korea to achieve the RBA Validated Assessment Program’s Platinum status.

“A growing number of companies are recognizing the opportunity for long-term success that results from an effective environmental, social and governance (ESG) strategy (Harvard Law School Forum on Corporate Governance).” This article will uncover Samsung Display’s various ESG practices explained by the Head of Sustainable Management Committee. Environmental, Social, and Corporate Governance: ESG Management Global warming, air pollution, and water shortages are some of the environmental issues we face on a daily basis – forcing many companies around the world to accept corporate social responsibility.  Environmental, Social, and Corporate Governance (ESG) management refers to business approaches protecting the environment, supporting the socially disadvantaged, and highlighting compliances with laws. Eco-friendly, socially responsible, and transparent management is the key essence of ESG initiatives. It is a clear measure of non-financial performance that showcases potential growth of an enterprise – emerging as a business trend beyond enterprise-level that will make or break industries and nation-wide efforts. ESG Management of Global Companies Many global companies have embraced ESG as a new opportunity and showcased further boost of environmental, social and governance (ESG) involvement.  Since…

In January 2020, an annual letter sent by CEO Larry Fink of BlackRock, the world’s largest asset management company, to the CEOs of major corporations became a hot topic. The letter said BlackRock would reflect climate risk and ESG factors as key elements for investment decision-making. Blackrock explained, “By looking at the environmental, social and governance factors, investors can effectively gain essential insights on corporate management, and this also allows them to get a long-term outlook for the company”. Through the letter, BlackRock conveyed its ambition to carry out sustainable investment strategies that embed ESG insights into traditional investment methods. Meanwhile, the European Union (EU) began to actively utilize ESG strategies by introducing regulations on ESG disclosure and classification systems and to apply them to non-EU financial companies that sell financial products in Europe as well as most European financial companies. Korea is on the same page too. In March, the National Assembly launched the “ESG Forum” and held an inaugural and commemorative seminar. 58 ruling and opposition lawmakers and 128 organizations including companies, financial institutions, and ESG-related specialized agencies…

– Actively engages in corporate social responsibilities, befitting global companies – Newly establishes the Sustainable Management Secretariat and the company-wide consultative body to carry out ESG strategy in earnest Samsung Display Chief Executive Officer Joo Sun Choi announced that the company will further boost its environmental, social and governance (ESG) involvement from 2021. Samsung Display joined RBA membership to take the initiative among local display producers in driving ESG-centered management strategy in accordance with global trends. “As a global leader in display industry, Samsung Display has been prioritizing environmental and social values in the entire process of product manufacturing” said Jaeho Shin, Executive Vice President and Head of the Display Management Office at Samsung Display. “Moreover, we will further evolve into a global company that earns trust from our customers and members of society, and that dedicates to the development and happiness of humanity” he added. The Responsible Business Alliance (RBA), the world’s largest industry coalition dedicated to corporate social responsibility in global supply chains, sets out and holds members accountable to RBA Code of Conduct based on a number of…