KT named supersector capo by DSJI

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KT named supersector capo by DSJI

Mobile carrier KT said yesterday it has been named the “Global Supersector Leader” in the Dow Jones Sustainability Index (DSJI) telecommunications sector for the second straight year.

The DSJI World is one of the most respected indexes in the business world. Some 2,500 global companies are ranked once a year based on evaluations of their financial health and sustainable performance by the Dow Jones Global Total Stock Market and SAM, a Swiss firm that focuses on sustainable investment.

The two also evaluate companies’ achievements in terms of promoting innovation, reducing gas emissions, coping with climate change, nurturing human resources, helping SMEs, and making social contributions.

The index identifies the leaders of 19 so-called “Supersectors,” a condensed form of 57 standard industry sectors.

The telecommunications supersector includes both mobile and fixed telecoms.

“About 80 telecom companies vied to make the list, but only 10 managed it,” said Kim Dong-soo, director of the sustainable management center at the Korea Productivity Center. “As KT ranked No. 1, it will boost its brand image.”

KT said its effort to keep the environment clean was the main reason it was able to defend its crown.

“The points we received in the environment management section rose from 68 to 90 this year,” KT said in a statement. “We think this shows our goal of pursuing eco-friendly growth.”

The local telecom giant said it strove to improve its social contribution grading. It is currently supporting a child welfare center in Korea by sending its employees there to volunteer.

GS E&C was named the global leader in the construction & material supersector, while Lotte Shopping topped the retail category.

By Joo Kyung-don [kjoo@joongang.co.kr]

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