ESG Analyst, Who's Good

Heejeong (Hollie) Park

ESG Analyst

ASIA’S FIRST AI-DRIVEN ESG INSIGHT PROVIDER

Who's Good

Using AI technologies and public data, Who’s Good provides objective and up-to-date corporate ESG insights on Asian companies.

WHY WHO'S GOOD

* Time-sensitive: Time is the essence in finance. Artificial Intelligence (AI) can process vast amount of information in a short span of time. Our powerful algorithm offers real-time in-depth corporate ESG analysis with out compromising its quality.
* Objective: We turned to public big data and news big data as source to base our analysis on and to preserve impartiality. We leverage 350 public big data sources and 93 news data sources in Korea to uncover insights.
* Insightful: Who’s Good ESG analysis coverage extends to all listed and non-listed companies in Korea. This allows us to provide a comprehensive insight into the Korean market.
* Global approach to ESG: Our ESG research framework is built on international standards and principles including UN Global Compact, ISO 26000, ICGN and CFA Guidelines on Corporate Governance to meet the global standards.

Samsung SDI Co., Ltd. specializes in developing Lithium Ion Battery (LIB) technology.  The Company also manufactures cathode ray tubes (CRTs) for televisions and computer monitors.  Samsung SDI also produces liquid crystal display (LCD) components and rechargeable batteries for cellular phones , personal digital assistants (PDAs), Energy Storage Systems and solar panels.

<ul>
<li>Samsung SDI is currently facing legal challenges in the United States stemming from a scooter fire during charging and a separate incident involving a lithium-ion battery fire. </li>
<li>These incidents are part of a series of recurring battery fire controversies involving Samsung SDI dating back to 2016. </li>
<li>Notably, the ESG (Environmental, Social, and Governance) risk level for Samsung SDI has been assessed as 'High,' supported by an ESG risk score of 2.7.</li>
</ul>


Samsung SDI is currently facing legal challenges in the United States stemming from a scooter fire during charging and a separate incident involving a lithium-ion battery fire. 
These incidents are part of a series of recurring battery fire controversies involving Samsung SDI dating back to 2016. 
Notably, the ESG (Environmental, Social, and Governance) risk level for Samsung SDI has been assessed as 'High,' supported by an ESG risk score of 2.7.


Samsung SDI (006400KS): Controversy on Battery Fire Impacting Reputation and Financial Performance

GS Engineering & Construction Corp. contracts civil engineering and architectural works, residential and commercial building constructions, and plant installations.  The Company also builds educational, leisure, distribution, and environmental facilities.

GS Engineering & Construction (006360 KS)

<ul>
<li>The Ministry of Land, Infrastructure and Transport's investigation revealed that the collapse of GS E&amp;C's underground parking lot was due to deficiencies in design, construction, and supervision.</li>
<li>As a response, GS E&amp;C will undergo a comprehensive reconstruction of the entire apartment complex, costing approximately KRW 300 billion, which is equivalent to approximately USD 264 million.</li>
<li>ESG risks have risen due to consumer relations regarding occupational health and safety and risk oversight, with GS E&amp;C's company risk rating at a ‘very high’ level of 3.1.</li>
</ul>


The Ministry of Land, Infrastructure and Transport's investigation revealed that the collapse of GS E&amp;C's underground parking lot was due to deficiencies in design, construction, and supervision.
As a response, GS E&amp;C will undergo a comprehensive reconstruction of the entire apartment complex, costing approximately KRW 300 billion, which is equivalent to approximately USD 264 million.
ESG risks have risen due to consumer relations regarding occupational health and safety and risk oversight, with GS E&amp;C's company risk rating at a ‘very high’ level of 3.1.


GS E&Cㅣ Underground Parking Lot Collapse Incidentㅣ Full-Scale Reconstruction and Rising Risks

Daehan Flour Mills Co., Ltd. processes, manufactures, and sells wheat flour under the brand name Gompyo.  The Company supplies its products to the baking goods, noodle, and animal feed manufacturers.  In addition, Daehan Flour Mills produces coffee cream, pasta, and baking mixes.

<ul>
<li>A legal conflict over the brewing method has emerged between Seven Broi Brewery, the former manufacturer, and Daehan Flour Mills, the trademark holder.</li>
<li>The court's decision on Seven Broi Brewery's injunction request could impact the production and sale of Gompyo Wheat Beer, with a competitor ready to enter the market.</li>
<li>This incident falls under the category of ‘Anti-competitive Practices’ risks, and currently, Daehan Flour Mills’ company risk is rated at a medium level of 1.3.</li>
</ul>


A legal conflict over the brewing method has emerged between Seven Broi Brewery, the former manufacturer, and Daehan Flour Mills, the trademark holder.
The court's decision on Seven Broi Brewery's injunction request could impact the production and sale of Gompyo Wheat Beer, with a competitor ready to enter the market.
This incident falls under the category of ‘Anti-competitive Practices’ risks, and currently, Daehan Flour Mills’ company risk is rated at a medium level of 1.3.


Daehan Flour Millsㅣ ControversyㅣConfidential Information Leakage in 'Gompyo Wheat Beer' Supply Chain

Ottogi Corporation manufactures food seasonings and instant food, such as mayonnaise, ketchup, salad dressing, sesame and cooking oils, and instant curry. The Company also produces frozen salads, fruit preservatives, instant noodles, and canned tuna.

<ul>
<li>Ottogi Corporation not only achieved remarkable revenue and net income growth in 2022, but also maintained an ESG rating of A for five consecutive years.</li>
<li>Ottogi demonstrates strong sustainability performance, with high scores in "Environment Policy", "Chemical Management", and "Human Rights, Shared Growth &amp; Community".</li>
<li>Ottogi's 10-year dedication to environmental management is evidenced by tangible data, demonstrating remarkable achievements in the management of greenhouse gas (GHG) emissions, energy usage, water consumption, and waste recycling.</li>
</ul>


Ottogi Corporation not only achieved remarkable revenue and net income growth in 2022, but also maintained an ESG rating of A for five consecutive years.
Ottogi demonstrates strong sustainability performance, with high scores in "Environment Policy", "Chemical Management", and "Human Rights, Shared Growth &amp; Community".
Ottogi's 10-year dedication to environmental management is evidenced by tangible data, demonstrating remarkable achievements in the management of greenhouse gas (GHG) emissions, energy usage, water consumption, and waste recycling.


Ottogi Corp: Strong Financial Growth and an Environmental Champion

Hanmi Pharm. Company Ltd. produces pharmaceutical products, including antibiotics, vitamins, and intestinal tonics.  The Company also provides beverages and processes soft capsules for other pharmaceutical firms.

<ul>
<li>Hanmi Pharmaceutical and Hanmi Science have demonstrated consistent financial performance through aggressive R&amp;D investments, with significant achievements based on internally developed products in 2022.</li>
<li>The new leadership structure of the company has the potential to improve corporate governance transparency, but there is a need for further shareholder-friendly changes, such as expanding dividend policies.</li>
<li>Overall, the company's current status, valuation, and ESG performance trends indicate positive prospects, including transparent management practices, sustained investment in R&amp;D, and plans to enhance dividend policies.</li>
</ul>


Hanmi Pharmaceutical and Hanmi Science have demonstrated consistent financial performance through aggressive R&amp;D investments, with significant achievements based on internally developed products in 2022.
The new leadership structure of the company has the potential to improve corporate governance transparency, but there is a need for further shareholder-friendly changes, such as expanding dividend policies.
Overall, the company's current status, valuation, and ESG performance trends indicate positive prospects, including transparent management practices, sustained investment in R&amp;D, and plans to enhance dividend policies.


ESG Report: Hanmi Pharmaceutical Co. (128940 KS) And Hanmi Science (008930 KS)

Who's Good is Asia's first AI-driven ESG data provider, dedicated to delivering transparent, objective, and comprehensive data. Its primary products consist of Performance Analysis, Incident Analysis, and sustainable supply chain risk management solutions including due diligence.  Leveraging the combination of AI, machine learning, and human intelligence, Who's Good analyzes public data to identify ESG risks and ensures the accuracy and reliability of its analysis. 

You can also find Who's Good data on FactSet: https://go.factset.com/marketplace/catalog/product/esg-performance-and-incident-analysis