Jungjinkong Provides Close Support to Expand ESG Management for SMEs and Ventures

Launch of Public-Private Council for SME ESG Preparation... Signing of Agreement with Related Organizations
Improving SME ESG Awareness and Building Infrastructure

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 24th that it will provide close support to expand ESG (Environmental, Social, and Governance) management for small and medium-sized enterprises (SMEs) by forming the 'Public-Private Council for SME ESG Preparation' with related organizations.

On the 23rd, SBC signed a business agreement and held the inauguration ceremony for the Public-Private Council for SME ESG Preparation together with the Korea Federation of SMEs (Chairman Kim Ki-moon), the Korea Chamber of Commerce and Industry (Chairman Choi Tae-won), the Korea Productivity Center (CEO Ahn Wan-gi), and the Korea Technology Finance Corporation (Chairman Kim Jong-ho).

The council includes the Ministry of SMEs and Startups, private sectors, and SME support organizations. It plans to strengthen cooperation in listening to voices from the business field, sharing information, and discovering and linking ESG support projects to support the introduction of ESG management in SMEs.

This year, SBC is proactively promoting ▲the development of a non-face-to-face ESG self-diagnosis system ▲the production of an SME-type ESG management guide ▲education and consulting to help improve SMEs' awareness of ESG.

The non-face-to-face ESG self-diagnosis, scheduled to officially open in January next year, allows companies to freely conduct diagnoses through SBC's smart self-diagnosis system (K-doctor), which then issues a report including the company's ESG management level and improvement tasks by category.

Additionally, SBC has published an ESG management guide tailored to the perspectives and levels of SMEs. It introduces everything from the concept of ESG, the necessity of its adoption, practical methods that can be immediately followed, to excellent cases of ESG management.

Chairman Kim Hak-do said, "As ESG management spreads beyond global large corporations to society as a whole, SBC is leading the establishment of infrastructure such as education, consulting, and system development to improve ESG awareness among SMEs and startups." He added, "In the future, we will closely cooperate with related organizations centered on the SME ESG Public-Private Council to lead the transition to ESG management for SMEs and startups."

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