Noru Paint, Joint Labor-Management Declaration to Overcome COVID-19 and Promote ESG Management

Joseongguk, CEO of Noroo Paint (left), and Hong Sooncheol, Chairman of the Labor Union, are taking a commemorative photo after agreeing on the "Joint Labor-Management Declaration for Overcoming the COVID-19 Crisis and Promoting ESG Management."
[Photo by Noroo Paint]

[Asia Economy Reporter Kim Jong-hwa] Noroo Paint announced a 'Joint Labor-Management Declaration for Overcoming the COVID-19 Crisis and Promoting ESG (Environment, Social, Governance) Management' on the 17th in collaboration with the labor union.

The declaration, agreed upon through joint consultation between labor and management, includes ▲ active participation in COVID-19 prevention and containment to ensure employee health and a safe working environment ▲ empathy for the difficult business environment and efforts to achieve management goals through productivity improvement ▲ mutual cooperation to enhance corporate future value and become a sustainable company through social contribution, environmental protection, and ethical management ▲ recognition of the importance of labor-management cooperation and continuous development of peaceful labor-management relations based on dialogue and coexistence.

Hong Soon-cheol, the labor union chairman, stated, "This declaration is meaningful in recognizing the importance of labor-management cooperation at a turning point of paradigm shift toward carbon neutrality due to COVID-19 and rapidly changing climate crises, and in continuously maintaining and developing a relationship of trust and coexistence."

CEO Cho Sung-guk said, "We are doing our best to continuously discuss and implement measures with the labor union not only to secure employees' health and a safe working environment but also to fulfill the company's social responsibilities," adding, "We will cooperate as labor and management to respond not only to COVID-19 but also to future challenges and lead industrial development."

Earlier, on the 1st, Noroo Paint labor and management signed a '23rd consecutive year of dispute-free wage agreement.' Starting with this declaration, labor and management plan to make concessions step by step to overcome the COVID-19 crisis, strengthen the sense of social responsibility in each department within the company, and strive to realize sustainable management through ESG.

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