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GS Engineering & Construction

GS Engineering & Construction (GS E&C), founded in 1969 and headquartered in Seoul, is a leading publicly traded South Korean engineering and construction company. GS E&C offers a wide range of services, including building construction, civil engineering, housing development and plant construction across energy, infrastructure and environmental projects. The company operates in major cities worldwide, including Dubai, Ho Chi Minh City, Houston and Seoul, and has been involved in projects such as the Seohae Grand Bridge and Pyongtaek-Dangjin Port in South Korea and the Ruwais Refinery Expansion in the UAE.

Summary

GS E&C discloses information on some topics related to urban sustainability but lacks disclosure on many important topics that could improve its performance. The company reports on improving water quality through regular monitoring and its progress against water quality targets. However, the scope of this data is limited to its subsidiaries and needs to be expanded to cover the company’s entire operations. Additionally, the company has set goals to reduce greenhouse gas emissions by 10.62% by 2030 and by 31.86% by 2050, but specific data on its scope 1, 2, and 3 emissions is unavailable. The company should provide detailed emissions information to enable a clearer understanding of its carbon footprint. GS E&C has an opportunity to strengthen its policy commitments to fundamental human and labour rights.

Another significant gap in GS E&C’s reporting is the absence of evidence on how the company determines living wages in the regions where it operates. Establishing a clear reporting process for wage determination can improve the company’s alignment with international labour standards and support a fair work environment. By addressing these gaps, the company can strengthen its sustainability practices and ensure equitable operations.

Ranking position: #98 /300
Total score: 15.9 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 20.8 /100	#38
Inclusive Cities	#1 17.5 /100	#133
Healthy Cities	#1 14.4 /100	#47
Climate Proof & Resilient Cities	#1 10.0 /100	#101
Core Social Indicators	#1 16.7 /100	#119

Industries
Construction	#13

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More about the company

Headquarters: South Korea
Ownership structure: Public
Revenue: USD 9,524 billion (2022)
Number of employees: 5422 (2022)
Website: https://www.gsenc.com/en

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000