Ministry of SMEs and Startups Signs 'Jasanghan Company 2.0 Agreement' with Daesang

Support for Quality Management and ESG Management of Food SMEs

Minister Kwon Chil-seung of the Ministry of SMEs and Startups (right) and Lim Jeong-bae, CEO of Daesang Corporation, are signing the agreement at the Daesang Corporation Caring Company Business Agreement Ceremony held on the 16th at Semi Industry in Hwaseong, Gyeonggi Province.

[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Kwon Chil-seung, hereinafter referred to as the Ministry) announced on the 16th that it signed a business agreement with Daesang Corporation (CEO Lim Jeong-bae) to 'support the innovative growth of food SMEs leading K-Food.' This agreement is the tenth under the 'Caring Companies 2.0' initiative, through which the Ministry signs agreements with companies related to timely key areas such as ESG (Environment, Social, Governance), the Korean New Deal, and carbon neutrality.

Daesang, established in 1956, is a leading comprehensive food company in Korea, starting with the domestic fermented seasoning Miwon and owning brands such as Chung Jung One and Jongga Jip. It has signed a wage gap resolution movement agreement with the Win-Win Growth Committee and has taken the lead in win-win cooperation, notably receiving the highest grade in the Win-Win Growth Index evaluation last year.

Through this business agreement, Daesang will activate quality, environmental, and ESG management among food sector SMEs. It plans to support food SMEs in obtaining Consumer-Centered Management (CCM) certification and provide free consulting to reduce greenhouse gas emissions and energy consumption. Additionally, it will support the introduction of ESG management through customized evaluations, status diagnoses, and consulting for 150 food sector SMEs.

It will also assist food sector SMEs in expanding domestic and international sales channels. By hosting purchasing consultation meetings and supporting overseas certification acquisition, it will help partner SMEs expand their sales channels at home and abroad, and through its own win-win cooperation brand Foodmark, it plans to expand joint technology development and marketing know-how transfer. The 'Youth’s Meal' project, which supports environmental improvements and promotions of restaurants in university neighborhoods together with university youth clubs, will also continue to be promoted.

Lim Jeong-bae, CEO of Daesang, said, "Taking this Caring Companies agreement ceremony as an opportunity, we will resolve management difficulties of partner companies and strengthen customized support under the theme of supporting innovative growth of food sector SMEs leading K-Food, thereby creating a new growth platform." He added, "We will do our best to create corporate social value required in the ESG era and ensure that these efforts become a successful case of voluntary win-win cooperation."

Kwon Chil-seung, Minister of SMEs and Startups, said, "Despite the difficult economic situation in Korea due to COVID-19, last year, SME export volume and online exports reached record highs, with K-Food playing a major role." He added, "The Ministry will also strive to help K-Food expand into the global market through win-win cooperation between large and small businesses."

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