- • GHG Emissions & Energy Management
- • Air Quality
- • Water Management
- • Waste & Hazardous Materials Management
- • Ecological Impacts
ESG
ESG
Our approach to ESG
Our Purpose
Building a Sustainable Future
Through Our Real Estate Assets
Through Our Real Estate Assets
Buildings, by their nature, are tangible assets that people can see, visit, work, and live in – at the same time, they fulfill one of humanity’s basic needs and act as a vehicle for people to live their lives.
As such, people spend a huge portion of their time living, working, and shopping in real-estate projects; therefore, buildings play an important role in creating an environment for people to live together.
For buildings are about people who make up the society and us being the real estate asset manager, our purpose is to build a sustainable future through our real estate assets.
As such, people spend a huge portion of their time living, working, and shopping in real-estate projects; therefore, buildings play an important role in creating an environment for people to live together.
For buildings are about people who make up the society and us being the real estate asset manager, our purpose is to build a sustainable future through our real estate assets.
Our Vision
Innovation for Global,
Impact on Society
Impact on Society
To stay true to our purpose, we have a responsibility to create exceptional spaces and experiences for people who live, work in our buildings and even the people in the surrounding communities.
We do this by continuously pushing ourselves to come up with innovative ideas that benefit our business and the people we serve.
We do this by continuously pushing ourselves to come up with innovative ideas that benefit our business and the people we serve.
Stakeholder Engagement
Together with our stakeholders, we strive to achieve our shared ambitions for a sustainable future. We do this by communicating and sharing ideas to understand stakeholders’ needs and embed our innovative and forward-thinking solutions into everything we do.
Our ESG Framework
As we have defined our stakeholders, we believe identifying and prioritizing material ESG issues with every appropriate stakeholder is the most important step to provide the right space for our customers and communities.
To engage with stakeholders successfully, we have identified our material ESG issues based on what we deemed most significant to our stakeholders and we consider these factors within our investment and portfolio management processes.
To engage with stakeholders successfully, we have identified our material ESG issues based on what we deemed most significant to our stakeholders and we consider these factors within our investment and portfolio management processes.
- Environment
- Social Capital
- Human Capital
- Business Model & Innovation
- Leadership & Governance
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Environment -
Social Capital- • Data Privacy & Security
- • Access & Affordability
- • Customer Welfare
- • Human Rights & Community Relations
- • Corporate Philanthropy/Citizenship
-
Human Capital- • Health, Safety, Wellbeing
- • Equity, Diversity, Inclusion
- • Education, Development, Training
- • Compensation and Benefits
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Business Model & Innovation- • Building Design, Quality, Lifecycle Management
- • Impact Investing/SDG-aligned Investing
- • Responsible Investment
- • Supplier ESG Screening
- • Climate Change Adaptation
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Leadership & Governance- • Business Ethics
- • Critical Incident Risk Management
- • Systemic Risk Management
- • Disclosure & Reporting
- • Management of Legal & Regulatory Environment
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- GHG Emissions & Energy Management
- Air Quality
- Water Management
- Waste & Hazardous Materials Management
- Ecological Impacts
-
- Data Privacy & Security
- Access & Affordability
- Customer Welfare
- Human Rights & Community Relations
- Corporate Philanthropy/Citizenship
-
- Health, Safety, Wellbeing
- Equity, Diversity, Inclusion
- Education, Development, Training
- Compensation and Benefits
-
- Building Design, Quality, Lifecycle Management
- Impact Investing/SDG-aligned Investing
- Responsible Investment
- Supplier ESG Screening
- Climate Change Adaptation
-
- Business Ethics
- Critical Incident Risk Management
- Systemic Risk Management
- Disclosure & Reporting
- Management of Legal & Regulatory Environment
UN Sustainable Development Goals
As SDGs are the blueprint to achieve a sustainable future, we believe that understanding their overall impact on society and aligning our investments and operations within the framework will create the potential for us to become the market leader.
Therefore, we explored how SDGs can be viewed through the lens of an asset management firm and used for setting a framework for responsible investing.
While all 17 SDGs are significant, we selected seven of them as the most relevant factors with us. We embedded these seven goals in our purpose, vision, and stakeholder engagement, including materiality assessments and key performance indicators.
Therefore, we explored how SDGs can be viewed through the lens of an asset management firm and used for setting a framework for responsible investing.
While all 17 SDGs are significant, we selected seven of them as the most relevant factors with us. We embedded these seven goals in our purpose, vision, and stakeholder engagement, including materiality assessments and key performance indicators.
| Key Topics |
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GOAL3
GOOD HEALTH AND WELL-BEING
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GOAL5
GENDER EQUALITY
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GOAL7
AFFORADABLE AND
CLEAN ENERGY |
GOAL8
DECENT WORK AND
ECONOMIC GROWTH |
GOAL9
INDUSTRY, INNOVATION AND
INFRASTRUCTURE |
GOAL11
SUSTAINABLE CITIES AND
COMMUNITIES |
GOAL13
CLIMATE ACTION
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| Environment | GHG Emissions & Energy Management | ✓ | ✓ | ✓ | ✓ | ✓ | ||
| Air Quality | ✓ | ✓ | ✓ | |||||
| Water Management | ✓ | ✓ | ✓ | |||||
| Waste & Hazardous Materials Management | ✓ | ✓ | ✓ | |||||
| Ecological Impacts | ✓ | |||||||
| Social Capital | Data Privacy & Security | ✓ | ✓ | ✓ | ||||
| Access & Affordability | ✓ | ✓ | ✓ | ✓ | ✓ | |||
| Customer Welfare | ✓ | ✓ | ✓ | ✓ | ✓ | |||
| Human Rights & Community Relations | ✓ | ✓ | ✓ | ✓ | ||||
| Corporate Philanthrophy/Citizenship | ✓ | ✓ | ✓ | |||||
| Human Capital | Health, Safety, Wellbeing | ✓ | ✓ | ✓ | ✓ | |||
| Equity, Diversity and Inclusion | ✓ | ✓ | ✓ | ✓ | ||||
| Education, Training, Development | ✓ | ✓ | ✓ | ✓ | ||||
| Compensation and Benefits | ✓ | ✓ | ✓ | ✓ | ||||
| Business Model & Innovation |
Building Design, Quality, Lifecycle Management | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |
| impact investing/SDG-aligned investing | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |
| Responsible Investment | ✓ | |||||||
| Supplier ESG Screening | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||
| Physical Impacts of Climate Change - Climate Change Adaptation | ✓ | ✓ | ✓ | ✓ | ||||
| Leadership & Governance |
Business Ethics - transparency and corruption | ✓ | ✓ | ✓ | ✓ | |||
| Criticial Incident Risk Management | ✓ | ✓ | ✓ | ✓ | ||||
| Systemic Risk Management | ✓ | ✓ | ✓ | |||||
| Disclosure & Reporting | ✓ | ✓ | ||||||
| Management of the Legal & Regulatory Environment | ✓ | ✓ | ✓ | ✓ | ||||
Sustainability Practices
We integrate ESG principles across all aspects of asset management, prioritizing sustainability and social responsibility for a positive impact.
IGIS is managing 19 assets that have received international eco-friendly certification (LEED)
- Autoway Tower
- Signature Tower
- Twintree Tower
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Autoway Tower is a prominent office building, occupying a total area of 47,721.19 square meters, constructed in 2014 at the heart of Gangnam. It offers excellent transportation accessibility due to its proximity to key areas such as Samsung Station, Teheran-ro, and Yeongdong-daero.Autoway Tower has established its environmental goals for energy consumption, greenhouse gas emissions, and water usage until the target year of 2027.AUTOWAY TOWER’S ENVIRONMENTAL GOALS FY2017- FY2027
Area Baseline year End year Long-term target Energy consumption 2017 2027 -5% 
GHG emissions -5% Water consumption -10% To achieve its environmental goals, Autoway Tower annually collects and manages data on the environmental performance. As of 2023, the environmental performance compared to 2022 is as follows:Area % change from 2022 to 2023 GHG emissions - 23% ↓ Energy consumption - 22% ↓ Along with these efforts, Autoway Tower has obtained BD+C (Building Design and Construction) Gold certification through LEED (Leadership in Energy and Environmental Design), a well-known building certification system developed and implemented by the U.S. Green Building Council. Additionally, the building has attained O+M (Operations and Maintenance) LEED V4 Platinum certification in the operations and maintenance sector.Furthermore, Autoway Tower has received the 5 Green Star rating for six consecutive years since 2018, recently achieving a high score, which places it within the top 20% of buildings worldwide.IGIS Asset Management utilizes a real-time energy diagnostics web service (Soft-BEMS) as part of its ongoing efforts to improve its ESG performance. This web service enables monitoring of environmental performance indicators such as electricity consumption, gas consumption, water usage, CO2 emissions, temperature, and humidity at Autoway Tower. Through these activities, Autoway Tower is expanding its efforts to ensure the sustainability of the building. -
Signature Tower, a renowned landmark on Cheonggyecheon-ro in Seoul, is committed to reducing greenhouse gas emissions and embracing eco-friendly practices. It achieves this by integrating energy-efficient systems, implementing water usage and waste monitoring systems, and utilizing solar facilities to generate renewable energy.Signature Tower has set clear environmental goals for energy consumption, greenhouse gas emissions, and water usage, outlining their objectives until the target year of 2030.SIGNATURE TOWER’S ENVIRONMENTAL GOALS FY2020- FY2030
Area Baseline year End year Long-term target Energy consumption 2020 2030 -5% GHG emissions -5% Water consumption -2% In its pursuit of environmental goals, Signature Tower is implementing eco-friendly facilities and technologies. One notable initiative involves the replacement of traditional lighting fixtures with energy-efficient LED lights, resulting in substantial energy savings compared to previous years. This effort aligns with the overarching objective of establishing an environmentally friendly system.Moreover, Signature Tower collects and manages data on its environmental performance on an annual basis. When comparing the environmental performance of 2023 to that of 2021, the following metrics demonstrate the Tower's progress:Area % change from 2021 to 2023 GHG emissions - 3% ↓ Energy consumption - 5% ↓ Signature Tower obtained Korean Eco-friendly Building Certification in 2011 and acquired LEED (Leadership in Energy and Environmental Design) V4 O+M Platinum (highest possible rating), a well-known building certification system developed and implemented by the US Green Building Council.In addition, Signature Tower has been participating in the GRESB (Global Real Estate Sustainability Benchmark) assessment since 2022 and received the 5 Green Star rating last year, achieving a high score, which places it within the top 20% of buildings worldwide. -
Located in the heart of downtown Gwanghwamun, just in front of Gyeongbokgung Palace and Dongshipjagak, Twintree Tower proudly stands as both a historic center and a prominent landmark. Leveraging innovative construction technologies, this tower is dedicated to minimizing greenhouse gas emissions and transitioning into an eco-friendly structure. Notable initiatives undertaken include the installation of an energy efficiency monitoring system to track water usage and waste emissions, along with the integration of photovoltaic facilities for generating renewable energy. These concerted efforts exemplify Twintree Tower's commitment to sustainable practices.By undertaking such initiatives, Twintree Tower is committed to sustainable growth and has established long-term environmental goals for the target year 2030.TWINTREE TOWER’S ENVIRONMENTAL GOALS FY2022- FY2033
Area Baseline year End year Long-term target Energy consumption 2022 2033 -5% GHG emissions -5% Water consumption -10% To achieve its long-term environmental goals, Twintree Tower collects and manages its annual environmental performance data. Twintree Tower’s environmental performance for the year 2023 is as follows:Area Performance in 2023 GHG emissions 3,089 tCO2eq Energy consumption 6,909,371 kwh Along with these efforts, Twintree Tower has obtained LEED (Leadership in Energy and Environmental Design) V4 Platinum certification, the highest rating from the U.S. Green Building Council, and achieved a score of 91 on the Energy Star assessment.Furthermore, starting from 2023, Twintree Tower has been participating in the GRESB (Global Real Estate Sustainability Benchmark) assessment and received the 5 Green Star rating last year, achieving a high score, which places it within the top 20% of buildings worldwide.
We believe firms can only sustain themselves if they fulfill their social responsibilities.
As a Korean asset manager, we have pioneered the issuance of ESG bonds, enabling us to allocate financial resources towards investments in public rental housing, eco-friendly construction, and renewable energy infrastructure. To ensure the fulfillment of our social responsibilities, we have established the ESG Committee under the Board of Directors, our highest decision-making body, creating an effective governance system.
ESG Governance
- Oversight
Responsibility - Define
Implementation - Drive
Implementation
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ESG Committee(under the board of directors)
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- ESG progress status
and performance report -
- ESG strategy and
policy approval
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ESG Team(ESG working-level)
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- Deciding how to respond to
major ESG-related issues -
ESG task establishment and
progress sharing
Business support
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ESG Council(Working meeting for participation in ESG managers by Group)
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- Sharing opinions and suggestions
on ESG activities and
strategies by Group -
- ESG policy dissemination
and ESG internalization
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-
IGIS Members(ESG Implementers)
Governance Goals
Corporate Governance
IGIS is committed to establish a transparent and stable corporate governance structure that not only promotes sustainable growth but also safeguards the interests of stakeholders.
• We comply with the Corporate Governance Act, Enforcement Decree, and other relevant supervisory regulations.
• We publish our annual report on corporate governance and compensation systems 20 days ahead of the regular shareholders’ meeting each year.
• We strive to maintain the minimum number of personnel required in the Risk Management team, ensuring adequate staffing for effective risk management.
• We are dedicated to further expanding the number of diverse governance participation programs, including education and campaigns for employees.
• We comply with the Corporate Governance Act, Enforcement Decree, and other relevant supervisory regulations.
• We publish our annual report on corporate governance and compensation systems 20 days ahead of the regular shareholders’ meeting each year.
• We strive to maintain the minimum number of personnel required in the Risk Management team, ensuring adequate staffing for effective risk management.
• We are dedicated to further expanding the number of diverse governance participation programs, including education and campaigns for employees.
Social Goals
Diversity, Equity, and Inclusion
IGIS is committed to promoting diversity, equity, and inclusion (DEI) in all of its corporate operations.
• We are committed to promoting diversity in our workforce and creating an environment where all employees feel valued, respected, and have equal opportunities to succeed.
• To advance equity, we are dedicated to address any systemic barriers that may prevent underrepresented groups from participating fully in the workplace and advancing their careers.
• Inclusion is at the heart of IGIS’s DEI efforts, and we are committed to creating a sense of belonging and connection for all employees.
• We are committed to promoting diversity in our workforce and creating an environment where all employees feel valued, respected, and have equal opportunities to succeed.
• To advance equity, we are dedicated to address any systemic barriers that may prevent underrepresented groups from participating fully in the workplace and advancing their careers.
• Inclusion is at the heart of IGIS’s DEI efforts, and we are committed to creating a sense of belonging and connection for all employees.
Health and well-being
IGIS places great importance on the well-being and productivity of its employees, recognizing the value of providing opportunities for both work and relaxation.
• (Mental health and well-being) We consistently work towards establishing a flexible work environment that fosters a harmonious balance with the employees’ personal lives.
• (Physical health and well-being) We strive to promote the well-being and overall health of our workforce by regularly conducting health screenings for employees.
• (Social health and well-being) We are dedicated to promoting employee interaction by organizing regular meetings and engaging activities.
• (Mental health and well-being) We consistently work towards establishing a flexible work environment that fosters a harmonious balance with the employees’ personal lives.
• (Physical health and well-being) We strive to promote the well-being and overall health of our workforce by regularly conducting health screenings for employees.
• (Social health and well-being) We are dedicated to promoting employee interaction by organizing regular meetings and engaging activities.
GLOBAL ESG initiative
Initiative
Task Force on Climate-related Financial Disclosure
Content
A environment-related initiative that recommends companies to integrate climate change risks into their non-financial reporting
ESG Reports
Download IGIS's annual sustainability reports.
2023 Sustainability Report
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2022 ESG Brochure
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