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A Grade(Environmental A, Social A+, Governance B+)
ESG ACTIVITIES AND ACHIEVEMENTS
We are practicing ESG
for a Better Tomorrow
Key Achievements
Key Indicators**Data as of 2022 from CJ Corp.
and 12 affiliates' business sites in Korea
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2. Implementing a Circular Economy
Wastes Generated
* Based on manufacturing sites and resorts67,199tonsRecycling Rate of Wastes Generated
* Based on manufacturing sites and resorts89.95 % -
4. Respecting and Protecting Human Rights
-
Number of Business Sites Inspected for Human Rights
*CJ CheilJedang, CJ Logistics, CJ ENM business sites and suppliers in Korea and abroad54 -
Employee Injury Rate
0.41%
-
-
6. Creating a Sustainable Supply Chain* CJ CheilJedang, CJ Logistics, CJ Freshway
-
Percentage of Contracts
Applying Supplier Code
of Conduct96.03 %
-
-
7. Strengthening Transparent Management
Independent Director
* CJ Corp
Board Composition Ratio57.14%Cash Dividend Propensity
* CJ Corp (separate basis)78.4% -
8. Expanding Ethical and Compliance Management
-
Hours Spent on Ethical
Management Training127,229hours -
Number of Employees Participating
in Ethical Management Training34,573
-
ESG Ratings**Based on 2023
Reports & PoliciesㆍRegulations
CJ Corp. ESG Report
As a holding company,
CJ Corporation sets forth the direction
and commitment for ESG management
at the group level
CJ Corporation sets forth the direction
and commitment for ESG management
at the group level
CJ Affiliates ESG Report
Policy & Regulation
Environment
- CJ Corporation Environmental Policy DOWNLOAD
Governance
- CJ Corporation Corporate Governance Charter DOWNLOAD
- CJ Corporation Board of Directors Regulation DOWNLOAD
- CJ Corporation Audit Committee Regulation DOWNLOAD
- CJ Corporation Independent Director Candidate Recommendation Committee Regulation DOWNLOAD
- CJ Corporation Internal Transactions Committee Regulation DOWNLOAD
- CJ Corporation Compensation Committee Regulation DOWNLOAD
- CJ Corporation ESG Committee Regulation DOWNLOAD
- CJ Code of Business Conduct and CJ Compliance & Ethical Management Policy
Environmental
We are laying the foundation for addressing climate change and practicing a circular economy
Key Indicators**Data as of 2022 from CJ Corp.
and 12 affiliates' business sites in Korea
Response to Climate Change
We will actively work to achieve carbon neutrality by 2050.
Greenhouse gas emissions
tCO2eq
Energy consumption
TJ
Circular Economy Practice
We will promote the transition to a circular economy system.
Wastes
generated Ton
generated Ton
Recycling rate of wastes
generated %
generated %
Expansion of ESG Value in Products, Services, and Content
We will expand the range of sustainable products.
Sales of sustainable products
in billion KRW
Implementation System
By ensuring transparent decision-making and communication, we seek to increase the trust of our stakeholders
Key Indicators*
*Data as of 2022 from CJ Corp.
and 12 affiliates' business sites in Korea
Strengthening Transparent Management
We will manage transparently and communicate continuously.
Independent director
board composition ratio %
board composition ratio %
Cash dividend
propensity %
propensity %
Expanding Ethical and Compliance Management
We conduct our business activities grounded in ethical and compliance principles.
Ethical management
training hours hours
training hours hours
participants in ethical
management training Number
of people
management training Number
of people
Implementation System
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Grade A(Environmental A, Social A+, Governance A)
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Grade A(Environmental A, Social A+, Governance B+)
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Grade B+(Environmental B+, Social A+, Governance B)
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Grade A(Environmental A, Social A+, Governance B+)
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Grade A(Environmental B+, Social A+, Governance A)
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Grade B+(Environmental B+, Social A, Governance B)
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Grade B+(Environmental B+, Social A, Governance B+)
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Grade C(Environmental D, Social C, Governance B)
CJ Corp. governance status
Board of Directors and Committee Composition
- Chairman
- Committee Members
Name | Gender | Birth Year | Job Title | Committee Membership | Areas of Expertise | Professional background | Term of Service | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
Audit | Independent Director Candidate Recommendation | Internal Transaction | Compensation | ESG | |||||||
Sohn, Kyung-Shik | M | 1939 | CEO/Chairman of the BOD | Management | Bachelor of Law, Seoul National University Current President of Korea Employers Federation Current CEO of CJ Corporation Former President of the Korean Chamber of Commerce and Industry | Feb.25.1994 ~ Shareholders' Meeting in March 2027 | |||||
Kim, Hong-Ki | M | 1965 | CEO | Management | Master of Business Administration, Sogang University Current CEO of CJ Corporation | Mar.27.2018 ~ Shareholders' Meeting in March 2027 | |||||
Lim, Kyung-Mook | M | 1971 | Internal Director | Management | Ph.D. in Economics, Brown University Current Head of Strategic Planning Group of CJ Corporation | Mar.31.2021 ~ Shareholders' Meeting in March 2027 | |||||
Kim, Yeon-Geun | M | 1960 | Independent director | Finance | Master of Business Administration, Seoul National University Current Advisor at Kim & Chang Law Firm Former Commissioner of NTS Seoul Regional Office | March 27, 2019 ~ Shareholders' Meeting in March 2025 | |||||
Han, Ae-Ra | F | 1972 | Independent director | Law | Harvard Law School Current Professor at Sungkyunkwan University Law School Former Supreme Court Judicial Researcher | March 29, 2022 ~ Shareholders' Meeting in March 2025 | |||||
Kim, Yeon-Soo | M | 1963 | Independent director | Medicine | Doctor in Medicine, Seoul National University Current Professor of Medicine, Seoul National University Former President of Seoul National University Hospital | March 29, 2023 ~ Shareholders' Meeting in March 2026 | |||||
Choi, Jong-Gu | M | 1957 | External Director | Finance | M.A. University of Wisconsin School of Public Policy Current Advisor at Yoon & Yang Law Firm Former Financial Services Commissioner | Mar. 29, 2023 ~ Shareholders' Meeting in March 2026 |
* As of May 1, 2024 * Son, Kyung-shik, Kim, Hong-ki, and Lim, Kyung-mook were reappointed as directors at Regular Shareholders' Meeting on March 28, 2024.
Board of Directors Operation
- Approval
Session Number | Hosting Date | Agenda | Approval Status | Number of Directors Attended | Independent Directors Voting Result | |||||
---|---|---|---|---|---|---|---|---|---|---|
Kim, Yeon-geun | Han, Ae-ra | Kim, Yeon-soo | Choi, Jong-gu | Song, Hyun-seung | Yoo, Cheol-gyu | |||||
1 | 2023. 02. 13 | Approval of the 70th Financial Statement and Business Report | Approved | 6 | Not Applicable | Not Applicable | Non-attendance | |||
Determination of the Dividend Policy for the 2023-2025 Fiscal Years | Approved | Not Applicable | Not Applicable | Non-attendance | ||||||
Approval of Transactions with Stakeholders | Approved | Not Applicable | Not Applicable | Non-attendance | ||||||
Report on the Operation Status of the Internal Accounting Control System | Reported | Not Applicable | Not Applicable | Non-attendance | ||||||
2 | 2023. 03. 13 | Resolution to Convene the 70th Regular Shareholders' Meeting | Approved | 6 | Not Applicable | Not Applicable | ||||
Report on Evaluation of the Operation Status of the Internal Accounting Control System | Reported | Reported | Reported | Not Applicable | Not Applicable | |||||
Report on Inspection Results of Compliance Control Standards | Reported | Reported | Reported | Not Applicable | Not Applicable | |||||
3 | 2023. 04. 10 | Appointment of Board Committee Members | Approved | 7 | Not Applicable | Not Applicable | ||||
4 | 2023. 05. 08 | Report on Q1 2023 Business Performance | Reported | 6 | Not Applicable | Not Applicable | ||||
5 | 2023. 06. 19 | Report on Financial Stability Improvement Measures of Major Subsidiaries | Reported | 6 | Non-attendance | Not Applicable | Not Applicable | |||
6 | 2023. 08. 07 | Approval of Extension of Short-term Borrowings | Approved | 7 | Not Applicable | Not Applicable | ||||
Report on 1H 2023 Business Performance | Reported | Not Applicable | Not Applicable | |||||||
7 | 2023. 08. 22 | Approval of Participation in Capital Increase of CJ CGV | Approved | 7 | Not Applicable | Not Applicable | ||||
8 | 2023. 11. 13 | Report on Q3 2023 Business Performance | Reported | 7 | Not Applicable | Not Applicable | ||||
9 | 2023. 12. 11 | Approval of Transactions with Stakeholders | Approved | 7 | Not Applicable | Not Applicable | ||||
Approval and Delegation of Bond Issuance Limit | Approved | Not Applicable | Not Applicable |
* Independent Directors Song Hyun-seung and Yoo Cheol-gyu retired after the Regular Shareholders' Meeting on 2023.03.29 due to term expiration. * Independent Directors Kim Yeon-soo and Choi Jong-gu were appointed at the Regular Shareholders' Meeting on 2023.03.29.
External Auditor Status
Corporate Name | Date of External Auditor Appointment(*) | Contract Duration | Most Recent Audit Opinion |
---|---|---|---|
Samil PWC | December 23, 2022 | 2023-2025 (3 years) | 2023, Fair |
* The date of external auditor appointment is based on the audit committee's pre-notification of external auditor designation results.
Differences from KCGS Code of Best Practices for Corporate Governance
Best practice recommendation | CJ Corporation Status Quo |
---|---|
Board composition requirements | More than half of Board are independent directors |
Introduction of regulations on Board and Committee operation and roles | Introduced |
Disclosure of Board Committee activities | Disclosed |
Compensation Committee composition | Comprised of 4 independent directors, 1 internal director |
Independent Director Candidate Recommendation Committee composition | Comprised of 3 independent directors |
Audit Committee composition | Compirsed of 4 independent directors (including 2 financial experts) |
Introduction of cumulative voting system | Not introduced (Excluded from Articles of Incorporation) |
Introduction of written voting system | Not introduced |
Insurance for directors' liability for damages | Insured at company's expense |
Disclosure of ESG Rating | Posted on the website |
Explanation of differences from KCGS Code of Best Practices for Corporate Governance | Posted on the website |
* As of end-2023