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OCI Earns EcoVadis Gold Rating for Second Consecutive Year

OCI Earns EcoVadis Gold Rating for Second Consecutive Year

 

- Achieves top 5% ‘Gold rating’ from EcoVadis ESG assessment for two years in a row, with improved scores across categories
- Used as a key indicator for supply chain management and partner selection, expected to strengthen stakeholder trust
- Advancing systematic ESG initiatives through the Board-level ESG Committee and a dedicated task force
- Recognized for sustainability management capabilities in domestic and global ESG assessments, including Sustinvest A rating and Inclusion in the Dow Jones Sustainability Indices(DJSI)

OCI announced its receipt of a Gold rating from EcoVadis, a leading global ESG assessment agency, for the second consecutive year, placing the company in the top 5% of evaluated businesses.

EcoVadis is one of the world’s most reputable ESG rating agencies, assessing over 150,000 companies across 180 countries. The assessment covers four pillars: Environment, Labor and Human Rights, Ethics and Sustainable Procurement. Companies are awarded Platinum (top 1%), Gold (top 5%), Silver (top 15%), or Bronze (top 35%) ratings based on their performance. The EcoVadis ESG assessment is recognized as a global benchmark for evaluating ESG performance through a comprehensive review of key sustainability risks. It also serves as an essential metric for supply chain management and supplier selection.

In this year’s assessment, OCI improved its performance across all categories. Notably, the company received high scores in Labor & Human Rights thanks to robust policy implementation, while its strengthened sustainable procurement practices led to significant improvement in that category as well. These results further validate OCI’s competitiveness in ESG and strengthen trust among customers, investors, and other stakeholders.

OCI has developed and implemented systematic ESG management strategies through its board-level ESG Committee. The company also operates an ESG Task Force to enhance communication between departments and create synergies, accelerating its sustainability management efforts.

Specifically in the environmental sector, OCI continues its efforts by setting a carbon neutrality goal for 2050 in response to climate change, expanding the range of products that use eco-friendly raw materials, and increasing the number of products undergoing Life Cycle Assessment (LCA), which quantitatively evaluates environmental impact from raw material extraction to final disposal.

In the Labor & Human Rights category, OCI is fostering stronger labor-management relations by expanding communication channels. The company has also strengthened its human rights risk management system by establishing human rights policies and management regulations that meet global standards set by the International Labour Organization (ILO) and the United Nations.

In the area of ethics, OCI has obtained ISO 27001 certification for information security management, implementing risk prevention and improvement activities through ISO 37001 (Anti-Bribery Management Systems) and ISO 37301 (Compliance Management Systems) certifications. For sustainable procurement, the company conducts supply chain ESG risk assessments and offers ESG training and consulting services to its suppliers.

Additionally, OCI received an A rating in the ESG evaluation for the first half of 2025 conducted by Sustinvest, a major domestic ESG rating agency. Since the company’s spin-off, OCI has continued to be included in the Dow Jones Sustainability Indices (DJSI), demonstrating its recognized excellence in sustainable management by both domestic and international ESG evaluators.

Yoo-Shin Kim, Vice Chairman of OCI, stated, “This achievement reflects international recognition of OCI’s ESG initiatives, including environmental protection, respect for human rights, and compliance management. To achieve carbon neutrality by 2050, OCI will actively respond to climate change by reducing greenhouse gas emissions, developing eco-friendly products, and expanding the use of sustainable raw materials, positioning itself as a trusted partner in the global market.”

Meanwhile, OCI Holdings, the company’s parent entity, is also advancing its ESG practices and receiving strong evaluations from both domestic and global rating agencies. In December 2024, OCI Holdings was included in the DJSI Korea for the 16th consecutive year. In March 2025, it received an A rating from MSCI’s ESG assessment, followed by an AA rating from Sustinvest in July 2025, its highest grade to date. (End)
 

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