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Message from the CEO
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KEPCO KPS will take a new step forward to grow into a global company through sustained growthth—driven management !

  • Since its foundation in 1984, KEPCO KPS has played a pivotal role in securing the safety of the power industry and enhancing the reliability of power generation facilities. By enabling a stable power supply across the country through professional maintenance services for Korea’s core thermal, nuclear, and hydro power generation facilities, as well as transmission and substation facilities, we have contributed to national economic development and enhanced the quality of people’s lives.
  • In the aftermath of the recent global economic downturn, the power industry is continuing to experience low growth. Uncertainties in the market are also increasing due to paradigm shifts in the energy industry, such as energy conversion and digital transformation. Despite these challenges in our internal and external business environments, our annual sales have grown continuously since they first passed the KRW 1 trillion mark in 2012. In 2020, our sales and operating income reached KRW 1.3032 trillion and KRW 135.4 billion, respectively.
  • Pursuant to Vision 2030, our mid-to-long-term corporate strategy, we will strengthen the business aspect of institution and become a sustainable company focused on ESG management system.

First, we will lead the ESG management in public corporation.

For strengthening the establishment of ESG based management system, safety-first management, expansion of green business, and innovative management, we newly reorganized our organization as of November 2021. We newly established “ESG department”, an exclusive organization for ESG management, and constituted “ESG Committee” as a sub-committee under the BOD to confirm the promotion plan of ESG management. Moreover, we expand and re-organize the “Green growth division” to foster the eco-friendly business as a future core new growth business, and the safety-first management is the management policy in priority, and we are planning to establish “Zero accident workplace” with our best capability.

Second, we will strengthen the competitiveness in core business.

Overseas, our nuclear power plant maintenance business in the United Arab Emirates (UAE), the first Korean export of a nuclear power plant, is being executed in a stable manner, while our thermal power plant O&M businesses in India, Pakistan, Jordan, and other parts of the world are yielding successful results. We partner with domestic small and medium-sized enterprises (SMEs) for overseas businesses to facilitate their entry into the global market and create jobs. Always mindful of the fundamental principle that companies do not exist without their customers, we engage in a range of business activities that are focused on creating value for customers. By providing meticulous services to client companies in the area of their power generation facility needs, we will improve the efficiency of their facilities and enhance performance reliability.

Third, we will find a power of future new growth.

We are investing our efforts in developing a profit-sharing business model to promote the renewable energy industry. In addition, with the expansion of energy conversion and eco-friendly power generation, we are trying to gain the upper hand in the nuclear decommissioning business by developing the necessary technologies, cooperating with advanced companies, and fostering talent. As it becomes more and more difficult to construct new power plants, the importance of improving the performance of aging power generation facilities and environmental facilities has come to the fore. With this in mind, we are focusing on improving the performance of aging thermal power plants as a next-generation business by utilizing our competencies in facility diagnostics, while contributing to creating value for our customers by substituting power plant construction.

Fourth, we will create the social value of coexistence.

KEPCO KPS leads in the creation of social value with KPS-Faraday School, S-Sure, KPS-CARE, etc. We have established a transparent response scheme based on our anti-bribery management system in order to ensure that a workplace culture of transparent and ethical management can take root. Also, we actively work to create quality jobs by transitioning contingent workers to permanent employees and expanding the hiring of local labor force. We play a leading role in creating a sound industrial ecosystem that is built on sharing and co-existence to achieve shared growth with our SME partner companies. In 2020, we made a difference to the communities in which we do business through a wide range of social value generation activities in economic, social, and environmental areas. Our achievements have led to us being selected as a sector leader by DJSI (Dow Jones Sustainability Indices) Korea for a twelfth consecutive year and as a No. 1 company in the Korean Standard-Quality Excellence Index, appointed as an excellent quality competitiveness enterprise, certified as the best institution of Best HRD, winning a grand prize of Korea social contribution, and becoming certified as a public sector leader in human resource development.

  • Going forward, we will achieve a balance in our economic and social performance so that we may fulfill our social responsibilities and roles as a major public enterprise in power industry, in addition to disclosing our activities in a transparent manner to reach further achievements and outcomes. We ask for your continued support in building a bright sustainable future for KEPCO KPS.
  • Thank you
  • November 2021
    CEO Kim, Hong-Yeon