ESG

Building a Sustainable Path to Success We believe in Environmental, Social, and Governance (ESG) principles.

ESG Strategy

Wide Creek Asset Management prioritizes sustainability, integrating environmental, social, and governance (ESG) considerations into our investment strategies. We recognize the vital role these factors play in shaping a better future for all stakeholders. Through our commitment to ESG principles at every stage of our investment process and management approach, we aim to create value for investors while promoting broader prosperity.

ESG Core Tasks
  • Participation in GRESB
    Assessment
  • Acquisition of LEED Certification
  • Setting and Managing Carbon
    Emission Reduction Goals
  • Introduction of Eco-Friendly
    Facilities and Renewable
    Energy
  • Expanding Social
    Contributions
  • Employee Health and Well-being
  • Diversity, Equity, and Inclusion
  • ESG Performance Reporting
    and Disclosure
  • Membership in Initiatives
  • Compliance with Anti-Corruption
    Principles
ESG Strategies
  • Expansion of ESG-Based
    Portfolio
  • Participation in 2050 Carbon
    Neutrality Goals
  • Contribution to Local
    Community Development
  • Pursuit of Stakeholder
    Well-being
  • Enhancement of Boards/
    Committees's Governance
    Responsibilities
  • Strengthening Internal
    Control Systems
ESG Goals

sustainable future 지속가능한 미래

strategy_bg
strategy

ESG Governance

Since 2023, Wide Creek Asset has led ESG initiatives through our dedicated ESG Committee. We further drive ESG management across multiple committees, with our ESG Task Force serving as the central unit setting enterprise-wide strategies, overseeing execution, and presenting key agendas to the ESG Committee.

Supervision

ESG Committee

Strategy
Management

ESG Task Force

Execution
ESG Working Group​
  • Investment
    Management Team
  • Development
    Management Team
  • Risk
    Management Team
  • Management
    Administration Team
  • Overseas Business
    Division
  • Strategic
    Business Team
  • Compliance
    Team
  • Operations
    Support Team
governance

GRESB Participation
for Portfolio Assets

Wide Creek Asset Management is progressively pursuing participation in GRESB (Global Real Estate Sustainability Benchmark), a global provider of real estate ESG data and benchmarks, for its investment assets. In 2024, the company started participating in GRESB and intends to broaden its participation by including more investment assets in the future. Through this initiative, the company aims to enhance the value of its portfolio by incorporating ESG principles, attracting reputable tenants committed to ESG values, and ultimately creating sustainable assets that ensure growth and profitability.

ESG Development Policy

  • Establishment of
    ESG Organization

    Development of ESG Policies

    Preparation for
    GRESB reporting
    2023

  • GL Okjeong
    General Private
    Investment Company
    GRESB Participation

    GRESB Participation
    2024

  • ESG Guidelines & Checklist

    Green Lease

    Acquisition of GRESB
    Participating Assets
    2025

  • Building Energy Efficiency

    Net Zero Innovation Program

    Green Management System
    2030
ESG Activities and Achievements
Wide Creek Asset Management analyzes and understands potential environmental impacts in the real estate development and operations processes. To minimize these impacts, the company establishes internal environmental policies that are applied to product development, operations, and corporate management as a whole.

In 2023, we launched an ESG committee to enhance our company’s ESG activities. Wide Creek achieved outstanding results in the global sustainability field by earning the highest 5-Star rating for its development asset portfolio, GL Okjeong REF, in the 2024 GRESB assessment. Notably, the fund was recognized as a Sector Leader in the Industrial category in Asia, achieving excellent scores in both the Management and Development components.