(LEAD) Yonhap forum explores ways to deepen S. Korea-Japan economic ties amid global fragmentation

SK Telecom has been designated as the 2027 LEAD company by the UN Global Compact (UNGC) Network Korea, highlighting the telecommunications giant's commitment to sustainability, the firm announced on Tuesday. The recognition came at the 2026 Korea Leaders Summit, hosted by the network at the Grand Hyatt Seoul. The UN Global Compact, established by the United Nations in 2000, is the world's largest corporate sustainability initiative, promoting adherence to human rights, labor standards, environmental protection, and anti-corruption principles in corporate practices.

Each year, the Korean network selects approximately 10 companies and institutions as LEAD participants from its expansive network of around 360 members. These selections are made to acknowledge the recipients' contributions to promoting sustainability management and the development of South Korea's ESG ecosystem. ESG, an acronym for environmental, social, and governance, refers to the framework used to evaluate a company's sustainability and ethical practices.

SK Telecom holds the position of co-chair in the network's environment working group, where it has shared its expertise in addressing significant ESG challenges and in constructing effective ESG management systems.