Petrochemical company LG Chem Ltd. has hired Ko Yun-ju as its chief sustainability strategy officer (CSSO). Here are three things to know about LG Chem's business and sustainability strategy, and Yun-ju's executive experience.
1. Business Focus and Scale: LG Chem, founded in 1947, is based in Seoul. The company, which has roughly 20,000 employees, is the largest South Korean chemical firm.
2. Sustainability Strategy: LG Chem published its 18th Sustainability Report in 2024. The report covers major achievements in the areas of environmental, social, and governance, as well as its future plans.
3. Executive Background: According to Pulse by Maeil Business News Korea, Ko's background involves...
- He is a seasoned U.S. affairs expert who joined the Ministry of Foreign Affairs in 1995.
- Ko previously served as director for FTA Goods division, director-general for North American Affairs Bureau, and deputy chief of mission.
- During Donald Trump’s first presidential term in 2019, Ko led the North American Affairs Bureau at the ministry and later served as Minister for Political Affairs at the South Korean Embassy in Washington, D.C., in 2021.
Chief Sustainability Officers: Why Technology Partners Should Care
By 2027, 25% of Global 2000 companies will have assigned a chief sustainability officer (CSO) responsible for meeting their organization’s ESG goals and making ESG-related IT purchasing decisions, according to IDC.
The bottom line: Technology partners need to extend their sales, marketing, engagement and support strategies to successfully fulfill those CSO customer needs, Sustainable Tech Partner believes.