Yegreen Inc., led by CEO Han Seong-su, announced on May 20th the initiation of its 'ESG Management Declaration Ceremony' at its headquarters in Incheon, asserting its commitment to establishing a sustainable management system aligned with global standards.This declaration aligns Yegreen's innovative smart manufacturing capabilities and eco-friendly product technology with ESG (Environmental, Social, and Governance) values, effectively enhancing its competitive edge in the global market.The ceremony attracted over 70 key stakeholders from the local economy, including alumni association leaders and experts from Baron Education's ESG management program.

Han Seong-su is currently participating in the 10th ESG Expert Course offered by Baron Education and K-ESG Standards Assessment Institute (KES), marking a significant turning point towards incorporating advanced ESG frameworks into overall corporate management.During the event, employee representatives Choi Ryun-gi and Hwang Ye-won recited the ESG management declaration, committing to goals such as carbon neutrality, innovative eco-friendly manufacturing, and the establishment of a transparent and sustainable supply chain.

Notably, Yegreen laid out a roadmap aimed at achieving EcoVadis' Platinum rating, identifying it as a critical milestone, as it is awarded to only the top 1% of companies worldwide.Yegreen has notably maximized production efficiency through an automated system based on smart factory principles, resulting in an approximate 55% increase in hourly production output and a 46% reduction in defect rates post-implementation.

Such manufacturing innovations have driven robust revenue growth, with sales projected to rise from KRW 13.4 billion in 2020 to approximately KRW 45.5 billion by 2025, reflecting an impressive growth rate of around 239% over five years.The company has secured various certifications including CGMP, ISO 22716, EVE VEGAN from France, and HALAL from Indonesia, demonstrating its readiness to compete in the global market.

Additionally, Yegreen is expanding its product lineup with eco-friendly brands like 'Merryskin', leveraging PDRN and exosome technologies along with Jeju mandarin ingredients for differentiated offerings.CEO Han Seong-su emphasized the strategic importance of ESG management as a core survival strategy in the global market, stating the need for continuous expansion in AI-based process management systems and R&D for eco-friendly materials to secure trust from global buyers and accelerate international market entry.In support, Chairperson Choi Gil-woong remarked that Yegreen's ESG management declaration sets a notable precedent for local enterprises to navigate and thrive in the emerging global ESG landscape.

Jo Deok-hyung, also commended the initiative as a meaningful opportunity for corporate leaders to collaboratively practice ESG values for mutual growth.Lastly, KIS representative Jeong Soon-ok commended Yegreen's robust execution and commitment to internalizing ESG frameworks across its management, predicting it will create unique corporate value within the K-beauty market.