- Recognized for Leadership in Climate Change by a Globally Reputable ESG Evaluation Body
- The First and Only Entity in the Korean Beauty Industry to Attain Grade A in the CDP Assessment

Amorepacific has secured the highest grade, an A, in the Carbon Disclosure Project (CDP) assessment for the second consecutive year, recognized for its leadership in environmental transparency. This achievement marks Amorepacific as the first and only entity within the Korean beauty industry to attain this grade.

The Carbon Disclosure Project (CDP) is a global non-profit organization based in the United Kingdom, initiated by worldwide financial investors to demand corporate disclosure of environmental management information. With the world's largest environmental database at its core, the CDP supports global financial institutions in making informed decisions regarding corporate investments, laying the groundwork for a sustainable society. This year, among over 23,200 companies worldwide that responded, only 10 Korean companies received a Grade A Leadership in the Climate Change category.

Following its declaration of the RE100 initiative in March 2021, Amorepacific achieved a 34% transition to renewable energy across the company in 2022, and it is anticipated that 50% of its total energy usage will be supplied through renewable sources in 2023. Production sites in Osan and Daejeon, where Amorepacific's main products, such as Sulwhasoo, LANEIGE, and Happy Bath, are manufactured, have utilized 100% renewable electricity in 2023. Furthermore, the company aims to achieve RE100 over all its sites by 2025.

Amorepacific was the first in the country to sign direct Power Purchase Agreements (PPA)¹⁾ and Virtual Power Purchase Agreements (VPPA)²⁾, transparently communicating the challenges and solutions during the implementation process and collaborating with various stakeholders to lead market changes. These efforts were recognized when Amorepacific received the Market Trailblazer award at the RE100 Leadership Awards during the New York Climate Week in last September.

To extend climate action throughout its value chain, Amorepacific has calculated the emissions from its entire supply chain (Scope 3), and has set reduction targets in line with the Science Based Targets initiative (SBTi)³⁾ to limit global warming to 1.5°C. Additionally, it plans to analyze climate change's social and economic impacts on business activities and establish a climate transition plan to adapt flexibly to long-term changes.

Detailed information on Amorepacific's climate change response strategies and activities can be found in the Amorepacific Sustainability Report at https://www.apgroup.com/int/en/commitments/sustainability/sustainability-reports/sustainability-reports.html.