[ESGing Netmarble] (1) Level Up! Netmarble’s ESG Activities
Hello, Channel Netmarble readers! Many of you might be already familiar with the concepts of ESG management, ESG value, and ESG investment.
As ESG has quickly become a global business trend, Channel Netmarble prepared original series, ESGing Netmarble, to introduce you to various activities that Netmarble goes through to pursue its ESG value.
Let’s start by reviewing the term. ESG stands for three non-financial elements that have become a criterion for assessing corporate social responsibility: Environment, Social, and Governance.
It first appeared at UNEPFI conference in 2003, when the global climate issue started accelerating. Then in 2005, ‘ESG’ was officially used in the UN Global Compact.
After 15 years, ESG has become a hot potato of universal climate issue with COVID-19 pandemic. People claim that the rapid climate change escalated due to environmental problems, including destroyed ecological diversity. According to academics, the current pandemic is highly related to the extinction of several creatures that served as buffers against the spread of the virus.
Along with the unprecedented global disaster, ESG aims for environmental and sustainable growth from long-term perspective:
1) Environmental: Focusing on green and green growth-related to climate change
2) Social: Respecting diversity in the workplace, contributing to the community, protecting workers' human rights,
3) Governance: Pursuing democratic and transparent management.
ESG value is now a 'must.' MZ generation values the companies' ethical and social responsibility and considers them a high priority while consuming products.
Netmarble practices diverse ESG activities for sustainable growth. We are preparing various contents to introduce how Netmarble is stepping forward for an eco-, social-, and governance-friendly future. Please stay tuned for our updates on Netmarble Official Facebook, Twitter, and YouTube.