Company has maintained the top rating every year since becoming the only cable firm to receive an integrated A rating in 2021
Taihan Cable & Solution said Wednesday it received an integrated A rating — the "excellent" tier — in the 2026 ESG assessment conducted by the Korea Institute of Corporate Governance and Sustainability (KCGS).
The company has maintained the top rating for six consecutive years since 2021, when it became the only cable manufacturer to receive an integrated A rating after joining the Hoban Group.
In this year's assessment, Taihan Cable & Solution earned an A in the environmental category, an A+ in the social category and a B+ in the governance category. The social score was particularly notable, climbing one notch from an A the previous year to an A+.
The upgrade is attributed to the company's efforts to quantify safety and human rights targets to strengthen its management framework, as well as revisions to its human rights declaration and supplier code of conduct to raise standards for social responsibility.
Ratings in the environmental and governance categories remained unchanged from the previous year.
ESG management has become a key factor shaping corporate sustainability, business credibility and competitiveness in global markets, with demand for ESG oversight across supply chains continuing to grow.
Taihan Cable & Solution said it is expanding renewable energy use in line with its carbon neutrality roadmap, carrying out a range of environmental protection initiatives, and operating a family-friendly system tailored to employees' life stages — covering pregnancy, childbirth and child-rearing.
The company has also obtained ISO 37301 certification, the international standard for compliance management systems, and is working to further strengthen its compliance framework.
keg@heraldcorp.com
