Dong-A Socio Holdings issues 7th sustainability report 'Gamasot,' applying global ISSB standards

Dong-A Socio Holdings has released its seventh integrated sustainability report, named 'Gamasot,' detailing the group's sustainability performance for the past year.

This marks the seventh consecutive year the report has been published since its inception in July 2020. The name 'Gamasot,' meaning a traditional Korean cauldron, was inspired by the founder's philosophy of sharing warmth by offering rice cooked in such a pot to all guests, even during times of hardship. The report emphasizes the company's commitment to 'Jeongdo Management,' a philosophy focused on adhering to fundamental principles over short-term gains.

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By adopting global standards like ISSB and establishing our own data management system, we have elevated the qualitative level of our report.

A significant development in this year's report is the adoption of the International Sustainability Standards Board (ISSB) standards. This move is intended to enhance the report's credibility and transparency, aligning Dong-A Socio Holdings with global best practices in sustainability disclosure. The ISSB, an international body that sets global accounting standards, provides guidelines for sustainability disclosures that are being adopted worldwide.

Furthermore, Dong-A Socio Holdings has implemented its internal 'Gamasot' system for systematic ESG data management across its group companies. This system digitizes and verifies non-financial data, ensuring its reliability. The company has also developed metrics to measure the economic value of non-financial indicators, such as the cost savings from preventing industrial accidents, linking these to financial performance and visualizing their impact.

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We will continue to ensure that the path of Jeongdo Management practiced by our group leads to a sustainable future together with our society.