Jeju Development Corporation Publishes '2020 JPDC Sustainable Management Report'
25th Anniversary Marks First Sustainability Management Report Based on International Standards
‘ESG Management’ Theme Highlights Four Core Values: Customers, Environment, Coexistence, and Members
Strong Commitment to Realizing Social Value a
[Asia Economy Honam Reporting Headquarters (Jeju) Reporter Park Chang-won] Jeju Special Self-Governing Province Development Corporation, which produces and sells Jeju Samdasoo, has begun to realize social value in earnest and published the ‘2020 JPDC Sustainable Management Report.’
This report is the first to formalize the corporation’s social responsibility management based on the international standard for sustainable management reports, the GRI (Global Reporting Initiative) Standards. It contains detailed financial and non-financial performance and sustainable management activities from last year to September of this year.
The report is organized around four core values under the slogan ‘Discover the Value of a Sustainable Future for Jeju’: ▲Customer ▲Environment ▲Coexistence ▲Members, reflecting a strong commitment to realizing social value and sustainable development.
A notable feature is that it focuses on ESG (Environmental, Social, and Governance) management activities, which have recently gained attention, including corporate environmental and social responsibility and transparency in governance.
It also details the implementation status of the UN Global Compact (UNGC) 10 principles and the UN Sustainable Development Goals (SDGs), promoted by the international community, demonstrating a responsible image as a global corporate citizen.
Through this report, Jeju Development Corporation expects to objectively identify and disclose in detail the social value it creates, enabling effective communication with stakeholders such as residents, customers, partners, and employees.
The report can be freely accessed on the Jeju Development Corporation website and will be revised and published every two years as the latest version.
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Kim Jeong-hak, President of Jeju Development Corporation, said, “This report was published to transparently disclose the various activities and information the corporation has carried out to realize social value.” He added, “The corporation will continue to coexist with nature, take the lead in solving social problems, and strive to create future value for Jeju, which is the foundation of the company.”
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