CJ Freshway Launches ESG Committee... "Practicing Co-Growth as a Food Business Partner"

CJ Freshway Sangam Headquarters

[Asia Economy Reporter Seungjin Lee] CJ Freshway, a food ingredient distribution and group catering specialist under CJ Group, announced on the 28th that its board of directors resolved to launch an ESG (Environmental, Social, and Governance) Committee at the meeting held on the 22nd. The ESG Committee under the board is the highest decision-making body that deliberates and resolves major ESG agendas.

The committee consists of four members, including CEO Seongpil Jeong and three outside directors. The members agreed on the necessity of ESG management and reached a consensus to expand ESG activities centered on core businesses. In addition to the committee, CJ Freshway plans to establish an ESG consultative body led by management and an ESG working-level consultative body to systematically implement ESG management.

They also announced a new ESG strategic framework. CJ Freshway’s ESG strategy aims to create sustainable value and exert a positive influence for a healthy society and a safe environment. Accordingly, the core ESG values were set as ▲Healthy Food Culture and ▲Sustainable Distribution, considering business relevance. The goals to realize these are ▲Expansion of Eco-friendly Management, ▲Securing Social Leadership, and ▲Securing Future Growth Engines.

CJ Freshway’s ESG strategy aligns with its new vision of being a ‘Food Business Partner.’ CJ Freshway plans to develop menus using eco-friendly ingredients such as alternative meat and vegan options, provide know-how on store environment and safety management, optimize logistics systems, and establish a sustainable co-growth system with client companies as a ‘Food Business Partner.’

CJ Freshway will designate next year as the inaugural year for establishing an ESG execution foundation and will identify ESG strategic tasks by organization to internalize ESG across all business areas by 2030.

Seongpil Jeong, CEO of CJ Freshway, said, “With the launch of the ESG Committee, all members will recognize the necessity of ESG and create an environment where they can proactively practice it. We will expand the ESG management ecosystem not only to internal members but also to partners and clients, becoming a food business partner that supports sustainable growth.”

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