KCGS 한국ESG기준원

On July 8, 2020, Korea Corporate Governance Service(KCGS) held the year's third 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 April ~ June 2020 after the agency's second rating adjustments in April 2020. KCGS’s ESG grades, both individual and integrated, include S, A+, A, B+, B, C, and D. Previously in April 2020, the rating agency adjusted 10 companies' grades (environmental for 1 company, social for 8, and governance for 2).