Company Overview
Environmental
Social
Governance
Appendix
Report Overview
CEO Message
ESG Highlight
ILJI TECH Profile
Business Value Chain
ESG Management Framework
Safety, Healthcare, Environment Management
Climate Change Response
Establishment of Eco- Friendly Workplace
Safety & health Activities
Internalization of Safety & Health
Talent Development
Organizational Culture
Quality Management
Responsible Supply Chain
Shared Growth
Mutual Growth with Community
Board of Directors
Ethical & Compliance Management
Human Rights Management
Information Security
Financial Data
Non-financial Data
GRI Content Index
SASB Index
UN SDGs Commitment
Third-party Assurance Statement
Membership, Association & Certification
Third-party Assurance Statement
Third-party Assurance Statement

Third-party Assurance Statement

Dear Stakeholders of ILJI TECHNOLOGY Co., Ltd.

Korean Foundation for Quality(further ‘KFQ’) has been requested ILJI TECHNOLOGY Co., Ltd.(further ‘ILJI TECH’) to conduct an independent verification on the「2024 ILJI TECH Sustainability Report」(hereafter ‘the Report'). KFQ has responsibility to provide an independent verification opinion against the criteria and scope of verification as specified below. ILJI TECH has sole responsibility for the preparation of the Report.

Verification Criteria and Scope

• Verification Criteria : AA1000AS(v3) and AA1000AP(2018)

• Verification Type : Type 1 [Verification of compliance of four reporting principles]

• Verification Level : Moderate [Verification based on limited evidence collected]

• Verification boundary : The reporting boundaries of ILJI TECH as stated in the Report(all domestic and international operations of ILJI TECH)

Methodology

To assess the reliability of the sustainability performance in the Report against the aforementioned criteria, the audit team reviewed sustainability-related processes, systems, internal control procedures, and available performance data. The documentation the audit team reviewed by the audit team during the verification includes. 

• Non-financial information e.g., data provided by ILJI TECH, disclosed Business Reports, and information obtained from media and/or the internet etc and
• Financial information i.e., data disclosed in the electronic disclosure system(dart.fss.or.kr) of the Financial Supervisory Service, and data posted on the homepage were used, but these contents are not included in the scope of verification.

The assessment was performed through document review and interviews with the responsible personnel including an onsite assessment. The validity of the materiality assessment process in the Report and the material issues selection considering stakeholders, data collecting & management, and validity of the report preparation procedures as well as the description in the Report were assessed, but external stakeholder interviews were not conducted. Afterwards, it was confirmed that any errors, inappropriate information, and misstatement identified during the assessment were appropriately revised before publishing the Report.

Competence and Independence

The audit team was consisted in accordance with KFQ's internal regulations. KFQ has no conflict of interest to the ILJI TECH that could threaten the impartiality of verification, aside from providing third-party verification services.

Limitations

The completeness and responsiveness of sustainability performance represented in the Report have inherent limitations due to its nature and the methodology used to determine, calculate and estimate its performance. In accordance with the terms of the contract, we assessed the information and evidence provided by the ILJI TECH.

Findings and Verification Conclusion

As a result of the verification, the Report was found to be prepared in accordance with the requirements for ‘with reference to GRI standards 2021' and the audit team found reasonable objective evidence to guarantee the AA1000AP(2018) and AA1000AS(V3) Type 1 assurance level. We also found no significant errors or inadequacies in the Report regarding compliance with reporting principles.

• Inclusivity

ILJI TECH defined six stakeholder groups(ShareholderㆍInvestor, Employees, Customer, Community, Partner, Government) and is hearing their opinions through the communication channels considering the characteristics of each group for effective communication. The audit team could not find any major stakeholders omitted in this process and was able to confirm that ILJI TECH is making efforts to reflect the opinions stakeholders collected in its management strategy.

• Materiality

ILJI TECH derived a pool of potential ESG issues through the internal and external environments analysis of global ESG disclosure standards and initiatives, media analysis, and benchmarking against industry peers. Based on these internal and external environmental analyses, a double materiality assessment was conducted, taking into account both the impact of the company’s business on the environment and society, as well as the impact of environmental and social factors on the company’s financial performance. Among the 24 potential issues identified, a final selection of 8 key issues was made through a review by external ESG experts and stakeholder surveys. The audit team confirmed that the identified material issues resulting from the materiality assessment were described in the Report without any omission.

• Responsiveness

ILJI TECH is committed to responding promptly to the needs and key interests of stakeholders. Nothing came to our attention to suggest that the responses and performance are inappropriately described in the Report. 

• Impact