• S

  A company has faithfully incorporated best practices established by Corporate Governance Service to be used as guidelines for socially responsible management in each of ESG areas and its ESG risk, which leads to lose shareholder value is extremely low.

• A+

  A company has well incorporated best practices established by Corporate Governance Service to be used as guidelines for socially responsible management in each of ESG areas and its ESG risk, which leads to lose shareholder value is very low.

• A

  A company has appropriately incorporated best practices established by Corporate Governance Service to be used as guidelines for socially responsible management in each of ESG areas and its ESG risk, which leads to lose shareholder value is low.

• B+

  A company needs to make a little effort to incorporate best practices established by Corporate Governance Service to be used as guidelines for socially responsible management in each of ESG areas and it has a little ESG risk, which leads to lose shareholder value.

• B

  A company needs to make much effort to incorporate best practices established by Corporate Governance Service to be used as guidelines for socially responsible management in each of ESG areas and it has some ESG risk, which leads to lose shareholder value.

• C

  A company absolutely needs to make an effort to incorporate best practices established by Corporate Governance Service to be used as guidelines for socially responsible management in each of ESG areas and it has much ESG risk, which leads to lose shareholder value.

• D

  A company has not incorporated best practices established by Corporate Governance Service to be used as guidelines for socially responsible management in each of ESG areas and there is a realistic concern that it may lose shareholder value led by ESG risk.

The ESG (Environmental, Social & Governance) evaluation for KOSDAQ listed companies began in 2011 and its rating system has been changed since 2013.