The board of directors of Samsung C&T consists of 5 independent directors and 4 internal directors with independent directors being the majority.
There are 5 committees under the board and all committees are chaired by the independent director except for the Executive Committee.
ㆍESG Committee, Independent Director Recommendation Committee, Audit Committee, Compensation Committee, Executive Committee
Some of the authorities of the Board are delegated to committees to increase efficiency and to empower committee members who have extensive experience and knowledge in area of expertise to review and resolve concerned issues.
For further information, please refer to [ESG > Governance > Committees].
Samsung C&T consists of 4 business groups which are Engineering & Construction, Trading & Investment, Fashion, Resort, and owns Samsung Welstory (Food & Beverage), Samsung Biologics (CMO) as subsidiaries to secure management stability and sustainable growth of businesses.
· E & C : Building, civil infrastructure, plant and residential housing businesses
· T & I : General trading of chemical, steel, natural resources and development/organizing of conventional/renewable power and infrastructure projects
· Fashion : Owns 30 brand portfolio and specialized fashion research center
· Resort : Theme park, golf country clubs and landscaping business
For further information, please refer to the [Business] menu.
Samsung C&T's corporate bonds and commercial paper are rated by Korea's 3 major credit rating agencies - Korea Rating Corporation, NICE Information Service, and Korea Investors Service - and as of December, 2021, Samsung C&T is maintaining AA+ and A1 ratings respectively.
For overseas credit ratings, C&T is maintaining a-1, A for short-term and long-term credit ratings respectively from R&I as of December, 2021.
For further information on the past credit ratings, please refer to [IR > Financial Information > Credit Rating].
Samsung Everland has evolved into a leader in Korea’s service industry by expanding its business sectors to resorts, food and beverage, etc.
In December 2013, Samsung Everland acquired the Fashion Business Group of Cheil Industries, the leading player in Korea's fashion industry since its foundation in 1954, and changed its name to Cheil Industries with a focus on designing lifestyle.
In September 2015, Cheil Industries merged Samsung C&T, a leading company in both construction and general trading industries, and changed the name to Samsung C&T. With expanded business sectors ranging from construction, trading to fashion and resort, Samsung C&T has set a new vision to become a 'Global Business Partner' and 'Lifestyle Innovator'.
For your reference, former Samsung C&T Corporation was established in 1938, which laid foundation for the rise of Samsung Group and designated by the Korean government as the nation’s “first general trading company” in 1975 to lead the nation's export drive.
Since the merger with Samsung Construction in 1995, former Samsung C&T has been actively engaged in various global businesses through offices in over 50 countries.
For further information, please refer to .[About C&T > history]