ESG Committee
Working toward sustainable business management, Wemade established the ESG Committee. The committee reviews and decides on strategies and policies for sustainable business operations for the company to act out its environmental and social responsibilities, and to firmly establish a transparent governance structure to realize long-term sustainable growth. And five ESG Working Groups, comprised of responsible teams in each area, carry out the assignments for each area of the ESG Roadmap.
Board of Directors |
ESG Committee |
CEO
ESG Team
Working Group
Environmental Management |
Human Rights & Compliance |
Social Contributions |
Governance Structure |
Information Security |
Strategy |
Wemade has established three major ESG strategies to respond the new sustainability trends. Centered around the core value of "sustainable growth and creation of a future ecosystem through innovative business based ESG management," the 3 ESG strategies are the reduction of environmental impact, supporting future generations and expansion of the ecosystem, and building and operating responsible governance. The objective of practicing sustainable business management through these strategies is contributing to the development of enterprise value. |
Sustainable growth and creation of a future ecosystem through innovative business based ESG management |
Reduction of environmental impact |
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Supporting future generations and expansion of the ecosystem |
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Building and operating responsible governance |
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Roadmap |
Wemade is carrying out ESG tasks following the ESG implementation roadmap the company has prepared for an effective implementation and promotion of ESG management. Starting with the introduction phase of establishing the foundation for ESG management, Wemade is committed to continuing its efforts to realize Wemade's core ESG values through step-by-step expansions. |
2022 ~ 2024
Groundwork for ESG management |
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2025 ~ 2027
Strengthening ESG management capabilities |
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2028 ~
Advance ESG management system |
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Performance Management System |
Wemade has established an ESG performance management system based on the PDCA cycle and considers ESG management throughout the business, while proactively identifying and carrying out supplementary tasks. Wemade will continue its efforts to ensure lasting effects and internalization of ESG management in Wemade. |
Plan
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Do
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Plan
Do
Act
Check
Act
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Check
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UN SDGs
Commitment to Sustainable Development Goals |
Wemade is a global blockchain company that is committed to achieving the Sustainable Development Goals (SDGs) adopted by the United Nations to fulfill its social responsibilities. Based on the understanding of the purpose and direction of the SDGs, the company has strengthened the connection between the sustainable development goals, major projects, and social contributions, while carrying out activities to achieve the sustainable development goals presented by the United Nations. |
UN SDG 5.
Gender Equality
Achieve gender equality and empower all women and girls |
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UN SDG 7.
Affordable and Clean Energy
Ensure access to sustainable energy for all |
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UN SDG 8.
Decent Work and Economic Growth
Promote sustainable economic growth, full and productive employment and decent work for all |
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UN SDG 9.
Building Infrastructure and Promoting Industrialization |
Build resilient infrastructure and promote inclusive and sustainable industrialization |
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UN SDG 10.
Reduce Inequalities
Reduce inequality within and among countries |
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UN SDG 12.
Responsible Consumption and Production
Ensure sustainable consumption and production patterns |
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UN SDG 13.
Climate Action
Take urgent action to combat climate change and its impacts |
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UN SDG 16.
Peace, Justice, and Strong Institutions
Provide access to justice for all |
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Evaluations |
Korea Institute of Corporate Governance and Sustainability (KCGS) |
KCGS conducts annual ESG evaluations of the sustainability of the business management of domestic corporations and publishes the ratings. |
2022
2023
2024
Final Rating |
C
C
C
Environmental (E) |
B
B+
B+
Social (S) |
B+
B+
A
Governance Structure (G) |
C
C
C
* 7 rating grades in total ( S / A+ / A / B+ / B / C / D ) |
MSCI
The Morgan Stanley Capital International (MSCI) evaluates corporations based on 10 topics and 35 key issues for each ESG area and marks the results using a scaled system of 7 ratings from AAA to CCC. |
Year Evaluated |
2024
Rating |
B
Sustainalytics
Sustainalytics measures the impact of corporate ESG risk on each corporation's financial valuations and publishes scores of between 0 to 50 with the risk ratings. |
Year Evaluated |
2024
Rating |
LOW