APR has received integrated A and BBB ratings in domestic and international environmental, social, and governance (ESG) evaluations. Following the publication of its first sustainability management report this year, the company is enhancing its information disclosure and sector-specific management systems.
On November 15, APR announced that it achieved an integrated A grade in the ESG evaluation by the Korea ESG Standards Institute and a BBB rating in the MSCI evaluation.
In the Korea ESG Standards Institute evaluation, APR received an integrated A (excellent) grade and an A+ (very excellent) grade in the social category. The Korea ESG Standards Institute assesses the ESG management system, execution level, and information disclosure of major listed companies based on their disclosures and supporting documents.
APR's MSCI rating improved from B in September to BBB in November, reflecting a two-step increase. MSCI evaluates ESG-related risks and management capabilities of global listed companies, taking into account industry-specific characteristics.
This year, APR published its first sustainability management report since its establishment in June. The report incorporates international sustainability disclosure standards and the United Nations Sustainable Development Goals (UN SDGs), and it introduced a dual materiality assessment. Following the Korean version, an English report was also released, and the official online ESG page was revamped.
Looking ahead, APR plans to establish a foundation for managing greenhouse gas emissions and strengthen the management and disclosure of key environmental information. The company aims to expand collaboration with employees and partners, fulfill its social responsibilities, and enhance management transparency and decision-making reliability.
An APR representative stated, "It is significant that we have secured positive evaluation results from major domestic and international ESG assessment agencies in succession. We will continue to enhance our management level across environmental, social, and governance aspects and establish a sustainable management system that meets global standards to strengthen the company's long-term competitiveness."
Meanwhile, APR's cumulative sales surpassed 2 trillion won by the third quarter of this year, exceeding last year's annual performance in just nine months. Sales in overseas markets, particularly in the United States and Europe, surged, setting a new quarterly revenue record.
* This article has been translated by AI.
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