JYP Entertainment Achieves Top ‘AA’ Rating in ESG Management Among K-pop Agencies

JYP Entertainment has become the only K-pop entertainment company to receive the highest ‘AA’ rating in the ‘2024 ESG Management Evaluation’ by Sustinvest, a domestic ESG evaluation and investment advisory organization. According to the data released by Sustinvest on November 20, JYP was selected as a company in the top 8.9% among 1,287 companies evaluated, thereby proving its excellence in ESG management across various industry sectors.

JYP received consistently high scores in all areas of Environment, Social, and Governance. Particularly in the environment and social factors, it performed beyond the sector average, contributing to its ‘AA’ rating. It received perfect scores in social contribution and board compensation, garnering attention.

In the environmental sector, JYP’s efforts to address climate change, such as establishing a greenhouse gas inventory, creating a carbon neutrality roadmap, and implementing RE100 at domestic and international business sites, received high marks. In the social aspect, its establishment of a human rights management system and contribution to local communities were recognized. In the governance sector, transparent corporate information disclosure and a fair board compensation process received positive evaluations.

Additionally, JYP has also received an ‘AA’ rating in the ESG evaluation conducted by Morgan Stanley Capital International, gaining recognition for its ESG management activities both domestically and internationally. JYP’s ongoing efforts in ESG management continue to be highly anticipated.

This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.