KCMT (Representative Kim Jun-young) announced on the 30th that it was selected as an outstanding company and received the ESG Contribution Award at the '2023 2nd ESG Management Innovation Contest' held at Conrad Hotel in Yeouido, Seoul.

The '2023 ESG Management Innovation Contest' was organized by the Ministry of SMEs and Startups and the Small and Medium Business Administration to enhance the ESG support policy for small and medium-sized enterprises and to discover, support, and reward outstanding companies in ESG management since last year.

ESG stands for Environment, Social, and Governance, encompassing non-financial factors that must be considered for sustainable development of companies.

KCMT is a company that produces environmentally friendly reinforcing material KEco (K-Eco) by recycling colorless and colored waste PET chips. The company has consistently conducted technological research and development for domestic and global carbon emission-related market needs in construction materials. By reducing carbon emissions to 1/4 compared to conventional reinforcing materials, KCMT has achieved outstanding results in the development of low-carbon and eco-friendly products. The company has optimized price competitiveness through technological development, positioning itself as a leading player in the future eco-friendly construction materials market.

Representative Kim Jun-young expressed his delight, stating, "I am pleased to be selected as an outstanding company in ESG management innovation." He added, "I will do my best to be recognized for even better technological capabilities and lead the global market for eco-friendly construction materials in the future."