Analyzed the International standards anddiscover the issue pool through bench-marking

Analyze the result regarding business impacts and interests

Analyze the environmental and social impacts by key issues and financial impacts

Constltute the important issues reflecting prloritles

Establlsh the goals and plans for key issues and key performance

According to the principle of GRI (Global Reporting Initiative), KEPCO carried out the Materiality Test. Based on the key issues discovered by the test, we wrote the sustainable management report. By analyzing the international standards, benchmarking the same industry, we discovered the issue pool and considered business impacts and stakeholders’ interests, thus selecting 10 key issues.

We analyzed and quantified the results of each category, including same industry’s benchmarking, sustainable management report, international standard indicators, assessment of media research and professionals to decide the priority in the major sustainable management issue pool.

Impact on business analyses

• Benchmarking of the same industry
• Analyze the imprtant reporting issues in sustainability report of competive companles

• Past sustainability report (2017~2021)
• Analyze the reporting issues and content of the report pulished for the last 5 months

Importance to stakeholder's analysis

• Analyze the international standards
• Analyze the sustainbility initlative and ESG assessment in GRI, DHSI, SASB

• Media Research
• Analyze 2,577 articles in national media outlet in 2021

• Professional's assessment
• Assess the importance by issues from ESG Progessionals

KEPCO conducted the survey for stakeholders based on Double-Materiality to identify the sustainable management issues to be managed for business operation and issues with high business and financial impacts from the perspective of stakeholders. by doing so, we identified the sustainability issues attracting attention.

Overview og survey for stakeholders

• Survey period
• June 10th ~ June 24th, 2022

• Survey method
• Online survey

• Survey target
• Customer, subcontractors, Local communities, shareholders/investment companles, Sustainable management professonals as well as outside stakeholders, 1,529 enployees of KEPCO and power group

• Syrvey content
• Assess the ESG issues with high operational/financial impacts for KEPCO
• Assess the ESG issues with high operational/financial impacts for stakeholders

By judging the business impacts (financial, strategic, operational impacts) and stakeholders’ interest (reputation impacts), we constitute them in key issues.

We selected 10 key issues by quantifying the impact on business and the importance to stakeholders of each issue based on the stakeholder survey.