Korean Re’s ESG Rating Rises to ‘A+’ in the Social (S) Category
-Overall Rating Remains ‘A (Outstanding)’ for the Second Consecutive Year

Korean Re has achieved an upgraded rating of A+ (Highly Outstanding) in the Social (S) category of the 2024 ESG evaluation by the Korea Institute of Corporate Governance and Sustainability (KCGS). The company has maintained an ESG integrated rating of A (Outstanding) for the second year in a row. KCGS’s ESG assessment provides a comprehensive evaluation of companies’ risks and systems in the Environmental (E), Social (S), and Governance (G) areas.

The improved rating reflects the company’s steadfast commitment to corporate social responsibility and ethical practices within the Social category. Recently, the company conducted a human rights assessment across its operations and disclosed the results, while setting clear social indicators with mid- to long-term goals based on its newly established policies for occupational health and safety management.

Korean Re has also taken further steps toward systematic ESG management, such as reinforcing oversight by its Board of Directors and subcommittees on major ESG issues and enhancing disclosure practices in business and governance reports. Regarding its ESG achievement, Korean Re stated "We believe that a high standard of ESG culture directly correlates with corporate value, and we are wholeheartedly committed to advancing ESG management in the future."