Creating Future Value through Transparent Management
SK networks operates an ‘Investment Committee’ to review, deliberate, and make decisions on new investment and disposal, strategic suitability for significant changes in corporate governance, rationality and adequacy of execution, economic feasibility, and risk.
The investment board discusses investment propositions forwarded from pre-reviews in terms of business environment, finance, legal affairs, ESG, and others. and makes a final decision. The working-level investment council moderates risk-focused pre-reviews of investment propositions before forwarding them to the investment board.
Pre-review of the investment proposition
Secretary of the investment board calls the meeting to order
Mandatory for investment board members to discuss applicable investment propositions
Documenting meeting discussion and keeping it confidential
Strategic orientation, R&C availability, valuation, milestone, major issues and contingency plan, ESG/SV, exit plan, and others
Investment Board Endorsement Criteria
Attendance by at least 2/3 of all members and affirmative votes by at least 2/3 of all attending members
* Where an investment proposition is subject to an approval by the board of directors, it is to be deliberated in advance by the ESG Management Committee and finally reviewed and approved by the board of directors.