AlSquare Joins UNGC... 'Strengthening Social Responsibility and Sustainable Management'

Song Insang, Chief Strategy Officer (CSO) of RSquare (left), and Kwon Chuntaek, Secretary General of the UNGC Korea Association, are taking a commemorative photo at the UNGC membership certificate presentation ceremony held on the 14th at the UNGC Korea Association Secretariat in Seosomun-ro, Seoul.

[Asia Economy Reporter Kim Min-young] Commercial real estate data company RSquare has become a member of the United Nations Global Compact (UNGC), a UN-affiliated organization.

On the 15th, RSquare announced that it is the first domestic proptech company to simultaneously join both the UNGC headquarters and the Korea Local Network. RSquare and UNGC held a certificate presentation ceremony at the UNGC Korea Local Network office on Seosomun-ro, Jung-gu, Seoul the day before. The event was attended by In-sang Song, Chief Strategy Officer (CSO) of RSquare, and Chuntaek Kwon, Secretary-General of the UNGC Korea Local Network, among others.

The UNGC is an international agreement under the UN established to strengthen corporate social responsibility. It is the world's largest voluntary corporate and civil initiative, with over 19,000 companies and institutions participating from more than 160 countries. The initiative refers to voluntary codes of conduct and guidelines for autonomous actions by companies and institutions.

Through joining the UNGC, RSquare commits to adhering to the ten principles in the areas of human rights, labor, environment, and anti-corruption, and actively shares its social responsibilities and achievements.

CSO Song said, “Taking this opportunity to join the UNGC, we will engage in management activities that contribute to the environment and society, making sustainable management a core competitive advantage of the company. We also pledge to participate in the United Nations Sustainable Development Goals (UN SDGs) set to be achieved by 2030.”

RSquare plans to participate in conferences and research surveys hosted by the UNGC and carry out ESG-related projects. It will strengthen social contribution programs, collaborate to revitalize the local economy, and implement low-carbon projects.

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