삼성중공업 ESG

Sustainability

ESG Governance
ESG Vision·Strategy
ESG Story

ESG Governance

In July 2021, Samsung Heavy Industries established ESG committee under the Board of Director and established ESG vision and strategy. It serves as the highest decision-making organization that determines Samsung Heavy Industires' sustainability management activities and deliberates ESG disclosures.
In addition, the ESG governance system was further strengthened by establishing ESG improvement activities in a virtuous cycle with ESG Advisory Committee, ESG C-level Council, Chief ESG Officer and ESG Conduct Body.

Performance system

ESG Committee

Committee under BOD

ESG Advisory Committee

Provide advice to the Committee

ESG C-level Council

Discuss & decide ESG issues in c-level conference

ESG Office

ESG control tower

ESG Conduct body

Consists of 4 conduct bodies

A virtuous cycle of ESG improvement activities

01

Propose short- and medium-term strategy for company-wide and department
02

Analyse internal/external ESG assessment results
03

Operate working-level conduct body (Development/ specification of improvement tasks)
04

Feedback for ESG assessment
05

ESG Performance Management

ESG Committee

The ESG Committee consisting of all independent directors is the top ESG organization that reviews ESG performance and approves siginificant ESG issues.

ESG Committee Regulations Information of ESG Committee meeting

Position	Executive / Independent	Name	Gender	Field	Career
Chair	Independent director	H.W Jo	Female	Law, Human rights	Former) judge, member of the Human rights Commission Current) Lawyer
Member	Independent director	K.S Nam	Male	Financial Accounting	Former) Senior Vice President at Export-Import Bank Current) Senior independent Director
Member	Independent director	S.J Yoon	Male	Law, Policy	Former) Minister of Trade and Industry Current) General Counsel at a Law firm
Member	Independent director	W.J Lee	Male	Law, Policy	Former) 1st Vice Minister of Land, Infrastructure, and Transport Current) Advisor at Housing Industry Research Institute

ESG Advisory Committee

As an advisory Committee under ESG Committee, it provides an advice to the ESG Committee to supplement the expertise and objectivity of each agenda.

Name	Career	Operation	Advice scope
J.H Park	Current) Director of the Korea Institute of Continuous Management (ESG Management, Consulting)	Report advisory results to ESG Committee prior to ESG Committee conference	Making-decision agenda by ESG committee, recent ESG trends and implications, etc
Y.N Jo	Current) CEO of Dae-shin Economic Research Institute (ESG assessment, Investment)
J.Y Gwon	Current) Law professor at Kyung Hee University(Law, Investment strategy)

ESG C-level Council

It is composed of Samsung Heavy Industries' executives, discussing ESG agendas and submitting the agenda to the ESG committee to make the best decision.

ESG Office

As ESG control tower within the company, it develops ESG strategies & targets and set up improvement plans.

ESG Conduct body

It consists of working-level experts from each division and derive & specify improvement tasks so that the relevant departments can participate in.

ESG Conduct body Working-level bodies by division

Safety, Environment
Social responsibility
Ethnic management
Governance

ESG Vision·Strategy

Samsung Heavy Industries established ESG visions and strategies to respond ESG issues from various stakeholders.
We will make efforts to lead the sustainability of the shipbuilding and marine industries, not limited to the permanence of Samsung Heavy Industries as an individual company.