Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) eunyoung Huh Journalist = It’s been reported Hyundai E&C has violated the construction waste law the most despite its efforts to build an image as a company leading ESG, a well-known acronym for environmental, social and corporate governance.

Hyundai E&C explained that the violation cases were the highest due to a number of construction sites nationwide.

Dumping the waste nearby residential area is against business ethics and it could be a serious crime if it contains toxic waste, said the Korean Academy of ESG.

Although Hyundai E&C revealed through Sustainability Report it has assigned and operated a waste management system for a legal waste treatment, the Korean Academy of ESG criticized that the illegal landfill and discharge of construction waste even when the system is available only go counter to business ethics - at the center of which should be eco-friendliness.

The illegal discharge of contaminated construction waste pollutes soil and groundwater, having a deadly impact to human, animals and growing crops, a researcher in the Graduate school of Environmental Finance at Yonsei University highlighted.

The National Assembly also pointed out that Hyundai E&C’s ESG mismanagement goes against environment-friendly management.

Construction industry has also emphasized that illegally dumping construction waste will only result in an environmental pollution and be a huge flaw to the corporate ESG management.

NSP News Agency eunyoung Huh Journalist eunyoung114@nspna.com
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