
SHI
has joined UNGC as the first shipbuilder in Korea...Strengthening ESG management Samsung Heavy Industries announced on 27 June that it has
joined UN Global Compact for the first time in the shipbuilding industry to
strengthen foundation for compliance and sustainable management and foster
internal and external trust in ESG management. UNGC is the world`s largest corporate sustainability and
corporate social responsibility initiative under the United Nations, an
international agreement that allows companies to voluntarily internalize and
uphold 10 core values in four areas including human rights, labor, environment,
and anti-corruption. SHI will comply with the 10 core values and transparently
disclose various activities to achieve the UN`s Sustainable Development Goals
through its annual implementation report. ``SHI`s joining of UNGC for the first time in the
domestic shipbuilding industry shows our strong commitment to strengthening ESG
management and practicing social responsibilit.`` said an official from
SHI, ``We will continue to enhance ESG management that meets global
standards.``