Creating Future Value through Transparent Management
SK networks has classified five first-tier subsidiaries and two second-tier subsidiaries into three groups taking into consideration their listing status, equity holding ratio, and growth stage and specified ESG management visions and targets per subsidiary group. Each subsidiary will improve their ESG management standards phase-wise by defining and achieving short to mid-term targets per ESG metric.
SK networks will check the status of listed and non-listed subsidiaries (80% or more of equity & growth stage) and encourage them to achieve short to mid-term targets and publish sustainability reports to live up to a higher ESG standard, ultimately ensuring that all first/second-tier subsidiaries reach a global top-tier level in their respective industries by 2026. To empower them to go forward, SK networks makes it a policy for executives/team leaders/working-level staff members of all business units (including first/second-tier subsidiaries) to attend the monthly SV Board meeting chaired by the CEO to report and discuss ESG performance status per business unit and share lessons learned.