Korea Real Estate Board Announces ESG Management Declaration: "Establishing Sustainable Growth Drivers"

Son Tae-rak, President of Korea Real Estate Board, and executives are holding an ESG management declaration ceremony on the 12th at the Real Estate Board's main conference room. (Photo by Korea Real Estate Board)

[Asia Economy Reporter Moon Jiwon] On the 12th, the Korea Real Estate Board announced on the 13th that it declared ESG (Environmental, Social, and Governance) management for an innovative organization at the 2nd Management Performance Review Meeting.

At the declaration ceremony, the Korea Real Estate Board announced its mid- to long-term strategy for practicing ESG management, a resolution to implement new ethical compliance management, and a vision for mutual growth.

The detailed tasks for promoting ESG management include ▲establishing a mid- to long-term management strategy for sustainable growth ▲discovering eco-friendly tasks related to core businesses ▲building a company-wide cooperation system.

To fulfill its social responsibility as a public institution, it expressed its commitment to practicing new ethical compliance management by reviewing and completely overhauling systems related to ethical compliance management.

Also, as part of social responsibility management, it declared the "Real Estate Industry Development Platform for Coexistence with Small and Medium Enterprises" as its vision for mutual growth. It pledged to take the lead in fulfilling the era's mission of mutual growth through cooperation rather than competition.

President Son Taerak said, "We will establish a sustainable growth engine through the practice of ESG management," and added, "We will reestablish the foundation of ethical management and mutual growth to become a trusted public institution for the people."

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