ESG

Environmental, Social and Governance

ESG (Environmental, Social, Governance) factors represent a holistic approach to evaluating a company's impact on the environment, its social responsibility, and its governance practices. Embracing ESG principles is crucial for sustainable and responsible business operations.

Park Systems recognizes the significance of ESG and is dedicated to upholding and maintaining the highest standards in these areas. Through environmental initiatives, community engagement, ethical practices, and strong governance structures, Park Systems strives to make a positive impact on the planet, society, and its stakeholders.

Environmental

ISO 14001 helps an organization achieve the intended outcome of its environmental management system, which provides value for the environment, the organization itself, and interested parties.

Park Systems obtained the 'Environmental Management System Certificate' on July 25th, 2005 and has successfully renewed it every two years since then.

Park Systems is currently engaged in an assembly manufacturing process, which ensures zero carbon emissions and wastewater discharge.

Social

Park Systems strives for diversity among its employees in terms of gender, nationality, and other.

Gender Composition in H.Q.

Nationality Composition in Park Systems Group
(including overseas subsidiaries)

Park Systems has been recognized by the Korean labor department as the top company for female employment, family-friendly policies, and youth-friendly initiatives.

Awards & Certificates

2016 Excellent Company in Female Employment Highest Distinction,
Gyeonggi Province

Gyeonggi Family-Friendly Company Recognition Certification 2016,
Gyeonggi Provincial Office

2023 Youth-Friendly Small, Medium Enterprise Selection Certificate,
Minister of Labor, Korea

Governance

The Board of Directors comprises one CEO and five external, non-executive directors to ensure transparency in decision-making.

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Sang-il Park Chairman

- CEO of Park Systems Corp. (1997~)
- Park Scientific Instruments, CEO (1988~1997)
- MBA, AEA-Stanford Executive Institute (1994)
- Ph.D. Applied Physics, Stanford Univ. (1987)
- BS. Physics, Seoul National Univ. (1981)

Jung-hwa Han Outside Director

- Professor at Hanyang University

Seung-gi Chae Outside Director

- Technical Committee of LG Display

Sang-gil Jeon Outside Director

- Professor, Department of Business Administration, Hanyang University

Kyu-Sik Kim Outside Director

- Korea Governance Forum Chairman

Jun Jeong Non-executive director

- CEO of Solid corporation

Chang-Ik Lee Auditor

- Auditor of Park Systems Corp.

Gender Composition of Executive Directors

Compensation Committee

The company established a compensation committee consisting of four non-executive directors.

This committee is responsible for determining the compensation policy for all executive directors.

Its objective is to establish a transparent and market-accepted compensation policy independently.

ESG