CJ ENM Launches ESG Management in Full Swing... "Leap Toward a Sustainable Company"

[Asia Economy Reporter Lim Chun-han] CJ ENM announced on the 11th that it will establish an effective foundation and execution system for ESG (Environmental, Social, and Governance) management to leap forward as a sustainable company.

CJ ENM established an ESG Committee in May and has also completed its membership registration with the United Nations Global Compact (UNGC). The company plans to establish detailed frameworks for ESG management within this year and firmly build an ESG execution system that adheres to international principles.

The ESG Committee plays a pivotal role in responding to changes in the management environment and setting mid- to long-term ESG strategic directions for the development of the content and commerce ecosystem. The inaugural ESG Committee Chairperson is Min Young, an outside director who is an expert in industry and social sciences and the Dean of the Graduate School of Media at Korea University.

As a member of the UNGC, CJ ENM plans to publish an annual ESG report to fulfill its role and communicate with various stakeholders. The UNGC is a specialized UN-affiliated organization launched to promote sustainable development of the global economy through ESG management by global companies.

CJ ENM continues its ongoing efforts to practice social responsibility and create a healthy ecosystem. In the entertainment sector, since 2017, it has operated ‘Open,’ a project to discover and support new creators, realizing social value and leading the establishment of a virtuous industrial cycle. In October, the company is also preparing to hold an online environmental conference themed around the environment through its digital channel ‘Sapiens Studio.’

In the commerce sector, CJ ENM introduced the industry’s first ‘Good Handle’ delivery box to improve convenience for delivery workers and an easy-open tape that enhances the ease of opening packaging and separating waste. Starting next month, the company aims to gradually replace packaging materials for directly purchased products from plastic to eco-friendly paper tape and complete the transition within this year.

A CJ ENM official stated, “Based on sincerity, consistency, and sustainability, we plan to embed ESG into our overall management strategy. Going forward, we will take the lead in creating a valuable world by not only preserving the natural environment but also developing the industrial ecosystem in a balanced way throughout our business processes.”

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