- Recognized as a leader in addressing climate change by a globally reputed ESG evaluation organization

- Earned a place in the Dow Jones Sustainability World Index

Amorepacific announced that it has made the 2022 Carbon Disclosure Project (CDP) A-list in recognition of its leadership in climate change action and corporate transparency.

The CDP is a global non-profit organization, based in the U.K., that works with global institutional investors. It is one of the most reputed ESG evaluation organizations along with the DJSI (Dow Jones Sustainability Index) as it has the most comprehensive collection of climate change and environmental data. This year, approximately 18,000 companies responded to the survey and only five Korean companies have been named climate action leaders on the CDP 2022 A-list.

Amorepacific has been working toward being Net Zero across all of its production sites by the year 2025 since it joined RE100 in March 2021. This year, it has set a goal to source up to 35% of power consumption from renewables and last July, it became the first Korean beauty company to join the SBTi. ¹ In recognition of its climate actions and ESG committee-centered management, Amorepacific has received an A in the 2022 ESG rating from the KCGS (the Korea Institute of Corporate Governance and Sustainability).

“The high score from the CDP and our inclusion in the DJSI World Index are in recognition of our genuine efforts based on empathy toward the environment and society. We will continue to deliver our effort in the form of our products and services and in the long term, bring change through social and environmental value,” said Oh Jeonghwa, head of Amorepacific Sustainability Management Division.

In addition, Amorepacific has been named to the 2022 Dow Jones Sustainability World Index as announced by S&P Global on December 10. The index represents the top 10% of ESG performers among the 2,500 largest companies in the S&P Global Broad Market Index. It is a sustainability index that not only measures the financial performance of companies, but also evaluates their ESG (Environment, Society, and Governance) and provides a benchmark for sustainability management and responsible investment.

¹ *SBTi (Science Based Targets initiative): Global initiative that provides guidelines for setting emission targets in line with the Paris Climate Agreement.