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Press Release
SK Telecom (NYSE:SKM) today announced that it has been listed on the Dow Jones Sustainability Index World (DJSI)* for 11 years in a row, becoming the only company in Asia to be featured in the renowned index every year since 2008.
*Launched in 1999, the DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM’s analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P DJI’s robust index methodology. Every year, RobecoSAM assesses the world’s largest companies via its Corporate Sustainability Assessment (CSA), which uses a consistent, rules-based methodology to convert an average of 600 data points per company into one overall score. This score determines inclusion in the DJSI.
This year, the DJSI assessed companies in 60 different industries. In the Telecommunications Services category, a total of 60 companies were evaluated and SK Telecom ranked within the top ten percent of these companies.
Since 2013, SK Telecom has been publishing integrated annual reports containing the results of its sustainable management and future outlook. The company has been also operating the ‘Corporate Citizenship Committee’ under its Board of Directors to take charge of the company’s corporate social responsibility activities since 2008.
Moreover, SK Telecom has been taking an active part in the UN Global Compact’s LEAD initiative since 2011. The company also became the first Korean company to join the International Integrated Reporting Council(IIRC)* in 2012
*The International Integrated Reporting Council is a global coalition of regulators, investors, companies, standard setters, the accounting profession and NGOs working to align capital allocation and corporate behavior to wider goals of financial stability and sustainable development through the cycle of integrated reporting and thinking.
“SK Telecom is delighted to announced that it has been listed on the DJSI World for 11 consecutive years as it recognizes our efforts to advance social values,” said Ryu Young-sang, Executive Vice President and Head of Corporate Center of SK Telecom. “Going forward, we will continue to promote sustainable management activities to become a truly admired and respected company.”