Articles of Incorporation &
Corporate Governance Charter

Articles of Incorporation

SK ecoplant has announced its articles of incorporation to expand the provision of information on corporate governance and strengthen transparency in management.

Corporate Governance Charter

SK ecoplant’s Corporate Governance Charter has been designed and declared to expand the provision of information on corporate governance and strengthen transparency in management.

Differences between SK ecoplant’s Governance from Best Practices

Differences between SK ecoplant’s Governance from Best Practices 테이블 (Recommended best practices, Adoption status, Notes 로 구성)
Recommended best practices Adoption status Notes
Enactment of the Corporate Governance Charter O Enacted on 26 March 2021
Enactment of the Code of Ethics for Employees O
Introduction of the written voting system X
Formation of the Board of Directors (a majority of whom are independent directors) O 3 independent directors, 1 inside director, and 1 non-executive director
Convocation of regular board meetings O Meetings are held on a monthly basis in principle
Provision of information on directors prior to meetings of the Board of Directors O The agenda is sent to the attendees 7 days prior to each meeting
Introduction of regulations on the roles and operating procedures of the Board of Directors and various committees O
Disclosure of the detailed activities, attendance rate, and the agreement/disagreement on major items of agenda of the Board of Directors O Disclosure of the business report and the website
Independence of independent directors O Nomination & Remuneration Committee (including the Independent Director Candidate Recommendation Committee and the Compensation Committee)
Establishment of an expert committee within the Board of Directors O
  • Audit Committee, Nomination & Remuneration Committee (including the Independent Director Candidate Recommendation Committee and the Compensation Committee)
  • ESG Committee
Purchase of liability insurance for directors at the expense of the company O Purchased executive liability insurance (annual renewal)
Operation of meetings attended solely by independent directors O Operated meetings for independent directors
Adoption of cumulative voting X
Formation of the Audit Committee (all independent directors) O Consists of three 3 independent directors (including accounting/financial experts)
Convocation of the Audit Committee at least once per quarter O The Audit Committee holds at least 6 meetings on principle
Maintenance of the independence of external auditors O Reviewed the selection and approved of external auditors for the Audit Committee
Certification of the accuracy of business reports and other documents O Certified by the CEO and a responsible executive
Appointment of a senior independent director O Empowered the independent director’s independency
Explanation of the differences compared to best practices O Disclosed on the website
Evaluation of the Board’s activities O Plan for 2022
For more information, go to ‘Sustainability Report’.
ESG Reporting SK ecoplant 2022 Sustainability Report
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