[A Sip of a Book] ESG Management from A to Z: 'The Complete ESG Course in One Book'

Some sentences encapsulate the entire content of the book itself, while others instantly reach the reader's heart, creating a connection with the book. We introduce such meaningful sentences excerpted from the book. - Editor's note

This book contains everything about ESG management, which will be the survival weapon of future companies. It examines the future outlook through the fundamental reasons behind the rapid rise of ESG, and covers ESG application methods by department such as strategic planning, marketing, HR, and finance, as well as ESG management perspectives by organization type including large corporations, startups, and non-profit organizations. It also includes the application of processes for ESG internalization and the synergy effects between future technologies and ESG.

“No business can be done on a dead planet.” This message from environmental activist David Brower arguably best explains the background of ESG’s emergence. If the market collapses due to climate crises and social issues, companies lose the foundation to sustain their business continuously. Can the current global warnings be resolved just by receiving an ESG A+ rating or by participating in campaigns to reduce disposable products? ‘Back to the Basic.’ It is time to return to basics and think about ‘What is a company?’ ‘Why does a company exist?’ and ‘What is the purpose of a company?’ _From ‘Chapter 1: ESG Shakes the Business Ecosystem’

ESG management requires collaboration across various departments within a company, so the most important aspect of ESG management is ‘internalization.’ In English, it is sometimes called ‘Integrate.’ ‘Internalization’ means adopting various habits, thoughts, standards, and values from others or society and making them one’s own. When internalization is sufficiently achieved, it is reflected in one’s behavior. If executives emphasize ESG management and, without constant monitoring, each employee can make proper value judgments and communicate about ESG management, and if these individuals come together to form an organizational culture, the company’s ESG management will produce results far beyond those organizations that merely chase ESG indicators. _From ‘Chapter 2: The Weapon of Successful Companies, ESG’

Because ESG management improves the overall constitution of a company, collaboration with various internal departments is essential. Moreover, through partnerships with diverse stakeholders surrounding the company, global issues such as climate crises and social problems must be addressed together. Companies that truly excel at ESG management achieve not only sustainable management but also ‘social innovation.’ ‘Innovation’ means completely changing old customs, traditions, organizations, and methods to create something new. In other words, through ESG management, they delve into fundamental environmental and social issues and transform societal customs, organizations, and methods. Examples include Patagonia, which replaced all cotton products with organic cotton since 1996, and Unilever, which established the Roundtable on Sustainable Palm Oil (RSPO). These companies change their organizations and methods to reduce environmental damage and strive to transform the entire ecosystem. _From ‘Chapter 3: ESG Management, It’s Easy to Start Like This’

ESG Lessons Completed in One Book | Written by Shin Ji-hyun | JoongAng Books | 256 pages | 17,000 KRW

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