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Article

20 Aug 2007

Author:
The Hankyoreh [So. Korea]

Landmark report on transparency released [So. Korea]

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.