Photograph) LS Materials employees manufacturing capacitors at the Gunpo plant


■ Ranks in top 15% for ESG, strengthening global competitiveness
■ Accelerating market penetration in AI data centers and renewable energy
■ Expanding global market reach for its ultracapacitors


LS Materials (CEO Hong Young-ho) announced on February 26 that the company has been awarded a silver rating in a comprehensive global ESG assessment. 

This places the company among the top 15% of all evaluated organizations. LS Materials noted that this achievement marks a one-tier upgrade from its bronze rating last year, and demonstrates the successful establishment of an ESG management system that meets rigorous global standards. 

This upgraded rating is expected to significantly bolster LS Materials' competitiveness in securing global orders. Projects in the North American and European AI data center and renewable energy markets are increasingly requiring supply-chain ESG assessment results as a prerequisite for bidding. 

The assessment was conducted by EcoVadis, a prominent global ESG rating agency headquartered in France. EcoVadis evaluates over 150,000 companies in 185 countries, with a focus on four core themes: the environment, labor & human rights, ethics, and sustainable procurement. 

LS Materials secured high marks in the environment category, bolstered by third-party verification of its greenhouse gas emissions. It has also been recognized as an excellent company for fair recruitment, obtained ISO 27001 certification, conducted ESG training for partner companies, and overhauled its conflict minerals management system, further demonstrating the company’s enhanced management transparency and supply chain management capabilities.

"ESG management is an indispensable element for expanding our footprint in the global market," said Hong Young-ho, CEO of LS Materials. "By leveraging our strengthened ESG competitiveness, we will continue to solidify our position in the global energy solutions market." 

Currently, LS Materials is actively expanding its business portfolio into the AI data center and renewable energy sectors through its ultracapacitor-based power quality stabilization solutions.