LOCATION – AUGUST 7, 2023 – Netmarble, a leading developer and publisher of high-quality mobile games, has published its third Environmental, Social and Corporate Governance (ESG) report. Initially launched in 2021, the report outlines the company’s strategic initiatives to operate responsibly with continued emphasis on sustainability and governance, including the company’s efforts surrounding ESG management, core ESG issues and sustainable achievement.

Netmarble aims to advance sustainability throughout its entire business operations from its business activities to its game design, including technology innovation to support gameplay and gaming communities. The main pillars within the 2023 report surround the company’s ESG Vision and include:

• Entertain Together:
  • Enhancing User Satisfaction – Netmable expanded interactive communication with users, tapping into new media platforms and creating tailor made content for each to deliver news on titles.
  • Technology and Business Expansion – Netmarble is expanding R&D year after year, with R&D investments surging by 52.7% in 2022 from the previous year to reach 32.1% in R&D to sales ratio.
  • Information Security and Data Privacy – Netmarble is fully committed to the secure delivery of global game services and the protection of user privacy, with zero security and data breaches to report.

• Support Together:
  • Eco-Friendly Game Culture – To improve energy efficiency during gameplay, Netmarble introduced power-saving mode in its games, allowing games to play automatically without the user’s intervention to cut down on power consumption.
  • Social Contribution – Netmarble made total social contribution expenditures of $2.047 million USD (KRW2,662 million), supporting programs including the company’s Play Center, Family Game School, Game Concert, e-Festival for Students with Disabilities and Game Academy.

• Grow Together:
  • Talent Acquisition and Development – Employees are the most important key driver behind Netmarble’s growth and future development, and the company invested an average of 10.6 training hours per employee.
  • Employee Welfare – Netmarble invested $84.4 million USD (KRW 109.7 billion) in employee benefits, providing a range of family-friendly programs and flexible work hours to help employees strike the right balance between work and family, as well as work and life.
  • Risk Management – In 2022, regular assessments were conducted on Netmarble’s marketing outsourcing process, leading to the identification of vulnerabilities in seven areas, including budget appropriation and compliance, and defining 21 improvement tasks that are currently being addressed.

“In 2022, our focus was on establishing the Year of ESG Management. To achieve this, we embarked on a series of comprehensive training and impactful campaigns aimed at enhancing company-wide awareness, complemented by internal and external evaluations that guided us in identifying and successfully implementing various improvement tasks," said Kwon, Young-sig, CEO of Netmarble. "Looking ahead, we remain dedicated to fortifying our system and capabilities, with a strong commitment to achieving long-term sustainable management, underpinned by a board-centered governance approach."

Overall, Netmarble has emphasized its efforts to implement its ESG management through initiatives such as talent recruitment and technology innovations, as well as practicing social values by reorganizing the ESG Committee into a committee under the Board of Directors. In addition, Netmarble was the first Korean gaming company to join the United Nations Global Compact (UNGC) for human rights management. The UNGC is an initiative to develop, implement and adopt corporate social responsibility policies upheld by global standards. The UN Global Compact is the world’s largest strategic corporate sustainability initiative with more than 20,000 participants from 162 countries worldwide.

Detailed information on the ESG report can be found via Netmarble’s official company website.

About Netmarble Corporation

Established in Korea in 2000, Netmarble Corporation is a leading developer and publisher of top-grossing mobile games worldwide. Through powerful franchises and collaborations with acclaimed IP holders, Netmarble strives to elevate the gaming experience and entertain audiences globally. As a parent company of Kabam and SpinX Games, and a major shareholder of Jam City and HYBE (formerly Big Hit Entertainment), Netmarble’s diverse portfolio includes Lineage 2: Revolution, MARVEL Future Fight, Ni no Kuni: Cross Worlds, The King of Fighters ALLSTAR, The Seven Deadly Sins: Grand Cross, and forthcoming PC games like Paragon: The Overprime. More information can be found at https://company.netmarble.com