Industrial Complex Corporation Labor and Management Join Hands for ESG Management

Joint Declaration Ceremony Between Labor and Management for Sustainable ESG Management Held

Kim Jeong-hwan, Chairman of the Korea Industrial Complex Corporation (left), and Lee Young-geon, Chairman of the Labor Union, are signing an agreement to introduce ESG management and demonstrate their commitment to company-wide implementation, and are taking a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Industrial Complex Corporation (KICOX) labor and management have agreed on the introduction of ESG (Environmental, Social, and Governance) management. Korea Industrial Complex Corporation (Chairman Kim Jeong-hwan) announced that on the 26th, at the labor-management council held at its headquarters in Daegu, it held a proclamation ceremony to pledge the introduction and company-wide practice of ESG management.

The labor and management of Korea Industrial Complex Corporation, through the proclamation, agreed to ▲ jointly recognize ESG as a core value for sustainable development ▲ address carbon neutrality and environmental issues ▲ practice social responsibility and coexistence with local communities ▲ work together to establish a transparent and trustworthy management system. Korea Industrial Complex Corporation plans to form a dedicated ESG organization and committee and spread ESG management throughout the organization by establishing implementation plans.

Additionally, regarding the expansion of ESG management among companies located in industrial complexes, a separate support plan will be prepared and announced at the 'Industrial Complex Day' event scheduled for next month. Kim Jeong-hwan, Chairman of Korea Industrial Complex Corporation, said, "This ESG management proclamation embodies the corporation’s company-wide commitment to implementing responsible management and enhancing social value," adding, "As a specialized institution for industrial complexes, we will take the lead in spreading and practicing ESG management for the sustainable development of industrial complexes, which are the core foundation of our economy."

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