Misto Holdings has unveiled its 2030 Sustainability Roadmap, strengthening its data-driven ESG strategy with measurable climate, supply chain and governance targets.
The company set 2030 GHG reduction goals, achieved 100 per cent Tier 1 supplier compliance participation, cancelled KRW 268.2 billion in shares to improve shareholder value, and retained strong global ESG ratings.
Amid intensifying global disclosure regulations, Misto Holdings has focused on advancing its data-driven management system and execution-oriented ESG capabilities. By leveraging sophisticated data analysis, the company plans to identify practical improvement areas for each business unit and integrate them into overall management decisions, thereby accelerating ESG internalization.
In the Environmental (E) sector, Misto Holdings established clear targets for reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 and expanded its management scope for Scope 3 emissions. The company enhanced its climate-related financial impact analysis, refined its nature-positive dependency assessments, and enacted a biodiversity policy to strengthen risk management.
In the Social (S) area, Misto Holdings established a comprehensive supply chain compliance framework. Consequently, the company achieved a 100% participation rate in global code of conduct pledges and third-party report submissions among Tier 1 suppliers in its directly operated business entities. On a broader scale, Misto Group continues to foster community engagement and create shared social value by leveraging its brand experience spaces.
On the Governance (G) standpoint, prioritizing corporate value enhancement (Value-up), Misto Holdings executed a significant share cancellation worth KRW 268.2 billion, equivalent to approximately 11.7% of its total outstanding shares. This move reflects the company’s commitment to maximizing shareholder value and enhancing capital efficiency.
Based on these achievements, Misto Holdings consistently earned strong recognition from global ESG rating agencies. The company maintained a comprehensive ‘B+’ rating from the Korea Institute of Corporate Governance and Sustainability (KCGS), an ‘A’ rating from MSCI ESG Ratings, and secured its continuous inclusion in FTSE Russell’s global ESG index, the FTSE4Good.
“A company’s sustainability is ultimately determined by its execution and data-driven management capabilities rather than just declaring goals,” said a representative from Misto Holdings. “Moving forward, we will use our 2030 Sustainability Roadmap as our compass to continuously refine climate change responses, supply chain management, and responsible governance. Through these efforts, we aim to enhance long-term corporate value and earn the continued trust of our stakeholders.”
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Fibre2Fashion News Desk (MS)
