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At PSM, we are committed to building a more sustainable and equitable future. Our Environmental, Social, and Governance (ESG) policy guides the way we operate, make decisions, and collaborate—with the goal of driving long-term value for our customers, employees, communities, and the planet.
Environmental, Social, and Governance
We recognize that responsible energy leadership requires more than innovation—it demands accountability. Our ESG efforts are integrated across all areas of the business, with dedicated actions and measurable goals in three key areas:
Environmental Sustainability
We are accelerating the energy transition through technology that reduces carbon emissions and supports global decarbonization goals.
- Developing low-carbon gas turbine solutions, including hydrogen-ready retrofits
- Enhancing energy efficiency and reducing greenhouse gas emissions
- Ensuring compliance with ISO 14001 and OSHA standards
- Preserving natural resources through sustainable operations
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Social Responsibility
PSM prioritizes ethical practices, workplace equity, and community involvement.
- Promoting diversity, equity, and inclusion at all levels
- Ensuring equal opportunities and anti-discrimination policies
- Supporting employee well-being, professional development, and community engagement
- Encouraging volunteerism and local outreach
Corporate Governance
Our governance model is rooted in transparency, ethical conduct, and accountability.
- Enforcing a strong Code of Ethics and risk management framework
- Complying with international regulations and protecting intellectual property
- Promoting data privacy and cybersecurity
- Conducting due diligence with partners and vendors
Key ESG Activities
Environmental
- Hydrogen-ready gas turbine upgrades
- Emissions reduction & energy optimization
- EHS certifications – ISO 14001 & 45001, OSHA
Social
- Equal opportunity without discrimination or violence
- Provide our workforce with Compensation, benefits, professional development and community engagement.
- Community service & outreach
Governance
- Compliance with intellectual property laws
- Risk management & ethical conduct practices
- Vendor due diligence & responsible partnership
PSM’s Support for the United Nations’ Sustainable Development Goals (SDGs)
As part of the Hanwha Group, PSM supports the United Nations’ Sustainable Development Goals, particularly those aligned with clean energy, responsible business practices, and inclusive economic growth. Our contributions span all areas of ESG, and we are committed to progress and partnership that benefit future generations.
Some of the ways PSM contributes to the SDGs include:
Health and welfare benefits are provided to all regular, full-time PSM employees. These benefits include, but are not limited to, medical, vision, and dental coverage. These benefits contribute to the goal of ensuring healthy lives and promoting well-being for all at all ages.
As a global full-service provider of gas turbines and a leading organization in hydrogen turbine technology, we provide our customers support to build resilient, utility-scale power. These capabilities also play a crucial role in supplying individuals and communities with efficient, reliable, and clean energy sources.
At PSM, we offer our employees the opportunity to enhance their skill sets and build cross-cultural capabilities through our global transfer program. We also provide specific learning competencies and skill development training that align with individual roles.
Together with our parent company, Hanwha, we are leading the decarbonization transition through dedicated and innovative technology across the globe. We collaborate to commission notable projects such as the world’s largest industrial hydrogen-fuel-cell power plant, located in South Korea –producing 50 MW of clean and reliable energy.
Our vision is to provide innovative clean energy solutions for future generations. This spirit is supported by our growing and diverse technology portfolio that allows our customers to improve efficiency, increase reliability and reduce their impact on the environment and climate change.
In collaboration with Hanwha, we are proud not only to help fight desertification in South Korea, China, and Mongolia through a partnership with Tree Planet but also to support clean energy community development projects. PSM’s Q-Cells have facilitated the transition of Jukdo Island in Korea to 100% self-sufficient solar energy.
PSM not only contributes to economic productivity by offering jobs that support the clean energy transition, but we are proud to partner with local organizations, such as The Learning Academy, that promote educational and professional growth for students on the autism spectrum.
We are dedicated to conducting an environmentally and socially impactful business in collaboration with our major partners, including Hanwha and Thomassen Group. These collective practices are showcased through our developments in solar and hydrogen energy.
Want to learn more?
Contact PSM today