Wemade Co., Ltd. announced that it has started ESG management in earnest. In order to promote systematic ESG management, Wemade established the ESG Committee in July of last year, and CEO Jang Hyeon-guk serves as the chairman.
The ESG Committee is responsible for establishing company-wide mid- to long-term strategies, making major decisions, and monitoring implementation tasks. Related information is reported to the board of directors from time to time.
Last January, a dedicated ESG team was established and activities are being carried out to practice and internalize ESG management. The compliance system was strengthened by additionally creating a compliance team and internal accounting management team.
Under the ESG Committee, five working groups are organized: environmental management, human rights/compliance, social contribution, governance, and information protection. Working groups are consultative bodies of related departments for each area. We are working with the ESG team to establish specific plans for major issues and then carrying out tasks accordingly.
Wemade plans to accelerate ESG management centered on three core goals: ▲practicing responsible environmental management ▲inclusive growth for future generations ▲transparent governance.
We practice responsible environmental management through efforts to reduce greenhouse gas emissions, reduce waste, conserve water resources, and use resources efficiently. We also carry out education and participatory activities with the goal of improving employees’ awareness of the environment.
We also strive for inclusive growth for future generations. We support the growth of our members and create a safe and desirable workplace. We support education and cultural development in the local community and protect consumer rights through responsible marketing and personal information protection.
In order to maintain transparent governance, we will continue to make efforts to disclose reliable information, enhance shareholder value, efficiently organize and operate the board of directors, and strengthen the compliance system.
Wemade CEO Jang Hyeon-guk said, “Wemade will practice exemplary ESG management befitting its status as a leading company in the blockchain market,” and added, “We will show our growth as a company that meets society’s expectations.”
Meanwhile, detailed information about the ESG management that Wemade is pursuing can be found on the official website.
Source: Pangyo Techno Valley Official Newsroom
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