NC Soft Corp.

RATING

SECTOR

IT, Internet, Software & Services

WEBSITE

CONTACT

12, Daewangpangyo-ro 644beon-gil, Bundang-gu
Gyeonggi-do
Seongnam-si, 13494
South Korea

STOCK EXCHANGE

EMPLOYEES

3,755

CHIEF SUSTAINABILITY OFFICER

Kelly Eunjung Kim

AWARDS

2020:

  • The company won the grand prize in the game category at ‘Web Award Korea’, and for the UX/UI innovation at ‘Internet Eco Award’
  • NCSOFT also won ‘GoldWinner’ at K-Design Award, one of the three grand design awards in Asia

 

2019:

  • NCSOFT awarded the ‘Taxpayer Prize’ (The Taxpayer Festival)
  • NCSOFT awarded as model taxpayer in the ‘Corporation’ category (28th Gangnam Residents’ Awards)
  • NCSOFT Service certified as a standard workplace for persons with disabilities
  • NCSOFT awarded for global competitiveness (2019 Great Company Award)
  • Guild Wars 2 selected as ‘The Best MMO of 2018’ by TechRadar
  • NCSOFT awarded for fast growth (2018 Great Company Award)
  • NCSOFT awarded for job creation (2018 Great Company Award)

CONTENT SOURCE

FURTHER READING

Report created by Kavita Kripalani

NC Soft Corp.

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

 

Company Activity

NC Soft Corp. engages in the development and publishing of online and mobile games. It operates through the following business areas: Massively Multiplayer Online Role-Playing Game (MMORPG), Casual Game, Web and Board game. The MMORPG provides services such as Lineage, Lineage II, Aion and Guild Wars. 

The Casual Game offers services such as Love Beat, Punch Monster, Dragonica and Point Blank. The Web and Board game provides services such as Might and Magic: Heroes of Kingdoms, Murim Jekook, Magic King and Myoung-in Jang-gi. 

The company was founded by Kim Taek-Jin on March 11, 1997 and is headquartered in Seoul, South Korea.

Company Sustainability Activity

The company has no sustainability report, and no mention of CSR initiatives on their website. The only remotely related content to be found is regarding NC Cultural Foundation.

NC Cultural Foundation is a nonprofit organization established in June 2012 in celebration of NCSOFT’s 15th anniversary.

With its objective to engage in corporate social responsibility with a more systematic and sustainable approach, the Foundation works to support the socially disadvantaged and prosper society’s qualitative values.

 

Targets

NC Soft does not disclose any targets regarding sustainability at the moment.

 

Progress

2020

    • Opens new office building of the Foundation in Seoul
    • Renews the Foundation’s corporate identity (CI)
    • Launches Projectory, a community space for creative projects by youth
    • Holds the 5th STEM Outreach Program with MIT at Boys Town
    • Displays symbol-based AAC signs for students with special communication needs at Dankook University
    • Makes a joint donation to Aeriwon Orphanage in Masan with NC Dinos and Gyeongnam Nonghyup Bank
  • Funds scholarship for Rohingya refugees in Bangladesh

2019

  • ‘Holistic Brain Map’ research funded by the Foundation lands on the cover of Nature Biotechnology
  • Sponsors the 6th AAC Applied Case Contest
  • Holds the 4th STEM Outreach Program with MIT at Girls Town
  • Engages the underserved sector of Gyeongsangnam-do province in sporting events with NC Dinos
  • Serves as the Internet & media partner for the Korean national team of Abu Dhabi 2019 Special Olympics World Summer Games
  • Funds scholarship for Rohingya refugees in Bangladesh

Certificates

NC Soft does not hold any certificates regarding sustainability at the moment.

 
 
 

United Nations Sustainable Development Goals

NC Soft does not comply with any of the United Nations Sustainable Development Goals.

Evaluation

Not a single sustainability report was found for NCSOFT. There is also no mention of sustainability on the company’s website or in any media pieces about the company. Therefore, one can only assume that the topic is not of concern to the company whatsoever. 

The company was found to have some industry-related awards, but nothing sustainability-related. They do not possess a sustainability report, they do not appear in any rankings, and have no certificates.

The only relevant content that can be found is regarding NC Cultural Foundation, a non-profit created in honor of the company, but is a separate effort. Though NC Cultural Foundation is involved in various community service efforts, this initiative is completely apart from and unincorporated into the company’s agenda. 

The company shows zero efforts toward sustainability. For this reason, the company has been rated an D. 

Analyst Outlook: Negative

The company clearly does not take sustainability or CSR seriously, as it has no sustainability reports or relevant efforts. It needs to prove a major shift in approach by making the necessary movement toward sustainable initiatives, even if that means starting from scratch.   

Key Points

  • The company does not have any sustainability report, past or present
  • There is no mention of sustainability or any related initiatives on the company’s website
  • NC Cultural Foundation, a non-profit organizat established in June 2012 in celebration of NCSOFT’s 15th anniversary, has been involved in various philanthropic efforts, such as funding scholarships for Rohingya refugees in Bangladesh, STEM Outreach Program with MIT, and serving as the Internet & media partner for the Korean national team of Abu Dhabi 2019 Special Olympics World Summer Games.

 

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