"All Big Companies' ESG Know-How Fully Disclosed"

KCCI to Release Online Lecture on 'ESG for SMEs and Mid-sized Companies' on 16th
Featuring Best Practices from 5 Industries with High ESG Demands: Steel, Energy/Chemicals, Semiconductors, Food Manufacturing, Finance
Follow-up to the Second Series Released Last November
Includes Cases on Carbon Reduction, Resource Circulation, and Water Intake Reduction
Available for Free on KCCI Website and ESG Platform 'Eusseuk'

Korea Chamber of Commerce and Industry

[Asia Economy Reporter Jeong Dong-hoon] The Korea Chamber of Commerce and Industry (KCCI) announced that it will release the third installment of the tailored ESG online lecture series for small and medium-sized enterprises (SMEs) and mid-sized companies, titled “ESG (Environment, Social, Governance) from A to Z,” starting on the 16th via the KCCI website and the ESG platform “Eusseuk.”

The ESG online lectures were created to enhance companies’ understanding of ESG and support the development of practical response strategies amid growing demands for ESG implementation not only from large corporations but also from SMEs and mid-sized companies within supply chain partnerships.

Previously, KCCI released a total of 20 videos, starting with 10 basic ESG lectures, followed by 10 additional lectures covering the latest issues such as ESG finance, supply chains, and reporting. The third installment introduces ESG management cases from five industries with high ESG implementation demands: steel, energy/chemicals, semiconductors, food manufacturing, and finance. ESG officers from a total of 10 domestic companies who are actively building ESG management systems participated as speakers.

The lecture program consists of 10 videos covering ▲Steel sector with POSCO and Hyundai Steel ▲Energy/Chemicals sector with Hanwha Solutions, LG Chem, and energy startup Innomad ▲Semiconductor sector with SK Hynix ▲Food manufacturing sector with CJ CheilJedang and Pulmuone ▲Finance sector with KB Financial Group and Shinhan Financial Group.

Among the lectures released on the 16th, the “Steel sector” introduces cases such as successfully reducing carbon emissions by recycling discarded shells in the steelmaking process and building an ESG data system to accurately and timely collect internal ESG information. The “Energy/Chemicals sector” covers solar, wind, and hydrogen renewable energy projects as well as resource circulation technologies like recycling waste plastics and batteries.

On the 23rd, five videos covering the “Semiconductor sector,” “Food manufacturing sector,” and “Finance sector” will be released. The “Semiconductor sector” explains why water is important in the semiconductor industry and efforts to reduce water intake and mitigate water resource risks. The “Food manufacturing sector” introduces nutrition design guidelines to contribute to consumers’ healthy diets, as well as eco-friendly food development cases such as food upcycling and plant-based foods. Lastly, the “Finance sector” covers the SBTi methodology for reducing carbon in asset portfolios and various ESG financial products designed to support ESG management in SMEs and mid-sized companies.

KCCI has been conducting projects to help SMEs and mid-sized companies understand and implement ESG, including publishing the booklet “Easy-to-Understand ESG for SME CEOs” and producing the “ESG B.P. series” video content featuring excellent ESG management cases from SMEs. Following the release of the third installment of the ESG online lectures, KCCI plans to publish a guideline booklet summarizing the core contents of the ESG online lectures in the first half of the year.

Jo Young-jun, Director of the Sustainability Management Institute, stated, “The recognition that ESG is important has already been established as investors and clients directly demand ESG management and the media frequently covers ESG. Now is the time to prioritize which ESG items to focus on by industry. We hope this lecture, which contains excellent ESG implementation cases and strategies by industry, will serve as a guideline and be of great help to SMEs and mid-sized companies considering ESG implementation.”

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