ESG Management Strategy
#ESG Strategy #Key ESG Activities
#ESG Organizational Structure
ESG Strategy
With the vision of becoming a sustainable global streaming platform, SOOP is establishing standards for sustainable operation across environmental, societal and governance dimensions. Our ESG strategy is built on three pillars: organizational responsibility, coexistence with stakeholders and a transparent decision-making structure. We have defined core initiatives for each pillar and are integrating these principles into all aspects of our business operations. Looking ahead, we will continue to create a more inclusive and sustainable digital ecosystem.
-
Environmental
Eco-friendly Culture
- Campaign for energy saving and environmental protection
- Production of eco-friendly contents
-
Social
Co-management of Stakeholders
- Local communitybased volunteering and commerce
- Support of employee capacity building and work engagement
- Expansion of streamer support policies
-
Governance
Sustainable Governance
- Shareholder-friendly policies
- Internalization of ethical corporate culture
- Compliance with various guidelines for board of directors, independence of external directors
Sustainability Governance
SOOP has an ESG management system led by the ESG Committee and supported by an ESG Working Group. The ESG Committee is established under the Board of Directors and sets company-wide ESG goals, deliberates on and approves core strategies and initiatives, and monitors performance. It also reviews material ESG issues and response plans, and conducts final reviews of sustainability disclosures, including ESG reports. Decisions approved by the ESG Committee are shared with each department through the working group, enabling ESG initiatives to be implemented autonomously and collaboratively across the organization. Through this structure, SOOP is striving to embed sustainability management into its corporate culture.
Roles and Operational Procedures
-
STEP 01Board of Directors
- Review plans and progress of key issues
- Report, deliberate and resolve key pending issues
-
STEP 02ESG Committee
- Approve ESG-related policies and detailed implementation plans
- Review ESG materiality assessments and non-financial risks
- Manage, supervise, evaluate and review ESG performance
- Final review of ESG disclosures
-
STEP 03Oversight - IR Department, Management Support Division
- Establish and advance the ESG framework
- Promote and perform improvement initiatives
- Manage disclosures and respond to evaluations, etc.
-
STEP 04ESG Working Group
- Discuss improvements for each issue
- Execute improvement measures
- Share results and progress
ESG organizational structure
