NOROO Holdings, the holding company of famous NOROO Paint company, announced on the 7th Nov. 2022 that it has published the first sustainability report containing information on ESG management activities at the group level.
This report, which introduced the group companies along with the sustainable growth value system and related organizations, was published to transparently provide and communicate with stakeholders the vision and performance of Noroo Holdings, the holding company of the Noroo Group, for sustainable growth and value creation.
The core areas of NOROO Holdings' sustainability report consist of △Safe environment △Responsible management △Sustainable technological innovation △Human resource management △Customer value first and △Core values of communication and co-operation.
Since its establishment in 1945, NOROO Group, one of the leaders in Korea's industrialization and representative of the real chemical industry for 77 years, recently announced ESG management, an essential condition for corporate sustainability, and is conducting various ESG activities.
An official from NOROO Holdings said, "In 2021, NOROO Paint, the main affiliate of NOROO Holdings, obtained an overall grade of A in the announcement of the ESG management evaluation grade for listed companies by the Korea ESG Standards Institute (KCSG). ESG management activities were effective."
"The Noroo Group with a 77-year tradition has developed together with the Republic of Korea as one of the key companies in Korea's industrialization," he said. We will establish ourselves," he added.
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NOROO Holdings Co. Ltd. published this content on 07 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2022 07:10:08 UTC.
NOROO HOLDINGS CO., LTD. is a Korea-based holding company engaged in the management of its subsidiaries. The Companyâs main subsidiaries consist of NOROO PAINT CO., LTD., which is engaged in the manufacturing of industrial coatings; NOROO Chemicals Co., Ltd., which is engaged in the manufacturing of construction coatings, unsaturated polyester resins (UPRs) and others; NOROO Automotive Coatings Co., Ltd., which is engaged in the manufacturing of automobile coatings and others; IPK CO., LTD., which is engaged in the manufacturing of paints for vessels and heavy-duty purposes; NOROO Bee Chemical Co., Ltd., which is engaged in the manufacture of plastic paints for motors or home appliances, among others. On January 15, 2014, the Company acquired a 100% stake in NOROO KIBAN CO., LTD., engaged in the processing, distributing and sale of agricultural products.