Press Release 2020 2nd ESG Rating Adjustment 2020.04.14
On April 6, 2020, Korea Corporate Governance Service(KCGS) held the year's second ESG Rating Committee meeting and downgraded the Environmental(E), Social(S), and Governance(G) grades of 10 companies.
The negative adjustments are based on the added ESG risk identified during January ~ March 2020 after the agency's first rating adjustments in January 2020. KCGS’s ESG grades, both individual and integrated, include S, A+, A, B+, B, C, and D. Previously in January 2020, the rating agency adjusted 19 companies' grades (environmental for 1company, social for 10, and governance for 8).
* For the details, please check the attached file.
- KCGS Press Release_2020 2nd ESG Rating Adjustment.pdf