Page 15 - Korea Gas Corporation 40 years

the energy market through ceaseless innovation. To realize the vision, KOGAS
newly set four strategic directions of “(secure) strengthening pursuit of public
good, (sustainable) achieving new growth engines, (smart) securing global
capabilities, and (social) leading ESG management” and derived four strategic
goals and twelve strategic tasks.
The four strategic goals are as follows: First, the company plans to set aside 6
million tons of natural gas for potential demand increase to strengthen public
KOREA GAS CORPORATION 40 YEARS
transparency, realize energy supply that satisfies customers through stable
supply and demand management, and secure facility competitiveness. Second,
the company aims to generate KRW3 trillion of sales in new businesses
to win new growth drivers, maximizing the results of overseas businesses,
creating synergies through linkages between businesses, and gradually
creating foundation for the hydrogen business. Third, the company will keep
the debt-to-equity ratio below 200% to secure global capabilities, establishing
an advanced safety management system, strengthening financial soundness,
and building a performance-based management system. Lastly, the company
plans to set a strategic goal of "reducing greenhouse gas emissions by 40%" to
lead ESG management, strengthening environment-centered management (E),
improving public services (S), and establishing a corporate culture of fairness and
communication (G).
With the new vision and strategies as a stepping stone, KOGAS will continue
to grow into one of the world’s top energy companies that is constantly striving
for the development of the Korean energy industry and the happiness of its
customers, taking the lead in promoting national benefits and public welfare
based on a long-term, stable supply of natural gas.

98