"Realizing ESG Values" KT, Seoul City, K-Sure, and Others Launch 'Gwanghwamun One Team'

[Asia Economy Reporter Seolginna Jo] Companies, government, local governments, and non-profit organizations based in Gwanghwamun, Seoul have united to realize ESG (Environmental, Social, and Governance) values.

On the 25th, KT announced that it held the launch ceremony of the 'Gwanghwamun One Team' with 14 companies, local governments, and non-profit organizations located in Gwanghwamun at KT Square in Jongno-gu, Seoul. Along with KT, participants include Korea Trade Insurance Corporation, LINA Life Insurance, Sejong Center for the Performing Arts, Bae, Kim & Lee LLC, Maeil Dairies, KMI (Korea Medical Institute), Community Chest of Korea, Korea Central Volunteer Center, Seoul YMCA, Seoul Metropolitan Government, Jongno Police Station, Jongno District Office, and the Ministry of the Interior and Safety.

The Gwanghwamun One Team plans to carry out joint social contribution projects based on the services and technologies each company possesses. In particular, the goal is to expand a model of coexistence through collaboration with the government, local governments, and non-profit organizations nationwide.

As a pilot project, the 'After-work Meal Kit' and 'Love Hyo Box' were sold to employees belonging to the One Team. The After-work Meal Kit project sells meal kits (easy-to-cook meals) made by nearby restaurants to employees to support the Gwanghwamun alleyway commercial district. The company and employees each bear half of the cost, and a total of 14,000 meal kits were sold. Additionally, the Love Hyo Box, planned for Family Month in May, is a package product containing flowers from Jongno flower shops and traditional items from Insadong. Through these two projects, a socio-economic effect of 170 million KRW was achieved in the Gwanghwamun area.

This year, starting with projects that can coexist with small business owners in the Gwanghwamun area, projects addressing regional coexistence and environmental issues such as support for employment of people with disabilities and campaigns for reusable cup usage will be introduced. On this day, an online and offline sharing event called 'Nanwojeong (Sharing Affection)' with Gwanghwamun small business owners was held at KT Square. Agricultural products produced by social enterprises and Gwanghwamun restaurant meal kits were sold both on-site and through the Gwanghwamun One Team online platform, the 'Nanwojeong' application.

KT CEO Koo Hyun-mo said, "It is very meaningful that companies, government, and local governments breathing together in Gwanghwamun have joined hands to carry out projects that add value not only to regional coexistence but also to society as a whole," and emphasized, "We will focus on ESG activities that solve social problems and contribute to national development together with all institutions participating in the Gwanghwamun One Team."

At the launch ceremony, CEO Koo, Kim Do-sik, Seoul Deputy Mayor for Political Affairs, Lee In-ho, President of Korea Trade Insurance Corporation, Jo Ji-eun, President of LINA Life Insurance, Kim Sung-gyu, President of Sejong Center for the Performing Arts, Park Sung-ho, Director of Local Autonomy and Decentralization at the Ministry of the Interior and Safety, Oh Yang-ho, Representative Lawyer of Bae, Kim & Lee LLC, Kwon Mi-young, Director of Korea Central Volunteer Center, and Cho Kyu-tae, Chairman of Seoul YMCA attended. The event also included a lighting ceremony expressing hopes for overcoming COVID-19 and revitalizing the local economy.

This content was produced with the assistance of AI translation services.