SM Entertainment Recognized for ESG Management Achievements with Corporate Innovation Award

On December 3rd, SM Entertainment (hereafter SM) announced that it received the ‘Chairman’s Award of the Korean Chamber of Commerce and Industry’ at the ’31st Corporate Innovation Awards’ ceremony held at the Korean Chamber of Commerce and Industry. This award highlights the recognition of SM’s innovations and achievements in ESG management through its ‘SM3.0’ strategy.

The Corporate Innovation Awards are co-hosted by the Ministry of Trade, Industry, and Energy and the Korean Chamber of Commerce and Industry. These awards are given to companies that actively practice management innovation and ESG (Environmental, Social, and Governance) management, recognizing those with outstanding achievements. This year, SM was acknowledged for its accomplishments through the ‘SM3.0’ strategy, which included the advancement of corporate governance and the implementation of shareholder return policies based on an optimal capital structure.

Jang CheolHyuk, co-CEO of SM, expressed his pleasure in showcasing the achievements of ‘SM3.0,’ SM’s new future vision and growth strategy. He stated that SM would continue to strive for ongoing management innovation and strengthening of ESG management systems to become a global entertainment company and contribute to the growth of the K-POP industry.

This award is expected to serve as an important stepping stone for SM to strengthen its position in the global entertainment market and to establish itself as a leading company in ESG management. The future endeavors of SM are anticipated with great interest.

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.