Landmark report on transparency released [So. Korea]

Author: The Hankyoreh [So. Korea], Published on: 20 August 2007

The Hankyoreh Economic Research Institute, an affiliate of The Hankyoreh, analyzed the “sustainability reports” of 22 local [So. Korean] companies to estimate how transparent they have been in disclosing their business achievements in diverse categories. The areas include the economy, the environment, labor, human rights, society and consumer protection...Yuhan-Kimberly [joint venture Yuhan & Kimberly-Clark] scored an average 57 points on a scale of 100, ranking first among those surveyed. Korea South-East Power came in second...followed by POSCO and Daewoo Securities...Samsung SDI and Korea Electric Power Corp. were next...Along with the top six companies, Samsung Electronics, KT, Samsung Electro-Mechanics, Korea Water Resources Corp. and Korea Midland Power received higher-than-average scores, while SK Telecom, Korea Land Corp., LG Electronics, Lotte Shopping, Korean Air [part of Hanjin Group], Hyundai Motor Company, GS Caltex, Shinhan Bank, Kumho Asiana Group and Woongjin Coway were among those which received lower-than-expected scores.

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Related companies: Caltex Hanjin Group Hyundai Corporation (part of Hyundai Group) Korea Electric Power (KEPCO) Korea Land & Housing Corporation Korea Midland Power (part of Korea Electric Power) Korea Water Resources (KOWACO) Korean Air (part of Hanjin Group) Kumho Asiana LG Electronics (part of LG Corp.) Lotte Shopping Posco Samsung Shinhan Bank SK Corporation Woongjin Coway Yuhan-Kimberly (joint venture Yuhan & Kimberly-Clark)