[Photo courtesy by NOROO Holdings co. ltd, Labor-management joint declaration ceremony for ESG management & Overcoming COVID-19]

Noroo Holdings co. ltd, the holding company of the Noroo Group, and Noroo Paint co. ltd. 

are listed companies of the Korea Corporate Governance Service (KCGS).

It was announced on the 4th NOV. 2021 that they received an overall grade of “A” in ESG (Environmental, Social, and Governance) evaluation. 

This is the highest rating in paint & Coatings industry.

By category, both NOROO Holdings and NOROO Paint received A+ grades in the social sector. The environmental sector was graded A, and the governance sector was graded B+.

NOROO Group officially announced the promotion of 'global ESG management' at the founding ceremony on the 1st. The NOROO Group established an ESG department this year and has been conducting corporate governance charter establishment, sustainability report preparation, ESG training and labor-management joint declaration.

In addition, it is actively engaged in research and development of future eco-friendly materials through the ‘Bio-Convergence Research Center’.

An official from NOROO Group said, “As a color company representing Korea, we will fulfill our social responsibilities based on ESG management as well.

Oh-eun Kwon, Correspondent Reporter , Chosun Biz

oheun@chosunbiz.com