Busan Port Authority Holds ESG Win-Win Meeting with Bukhang Redevelopment Partner Companies

Introduction to ESG-Based Contract System, Leading Win-Win Cooperation and Mutual Growth

Busan Port Authority (BPA) is holding an ESG win-win meeting with partner companies involved in the North Port redevelopment.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Busan Port Authority (BPA) held the ‘2022 First Half ESG Win-Win Cooperation Partner Meeting’ on the 26th at the North Port Redevelopment Project site office to expand the impact of creating social value.

The meeting was organized to introduce the ESG-based contract system to site employees of North Port Redevelopment Project partner companies contracted with BPA in construction, services, and supply of goods, aiming to lead win-win cooperation and mutual growth.

At the meeting, government-recommended policies for win-win cooperation (priority purchase system), payment systems using electronic payment methods such as win-win payment, and BPA’s human rights management were introduced, and cooperation from related companies was requested.

There was also a session to listen to difficulties by industry of partner companies and a Q&A session, and on May 12, a site meeting will be held for partner companies involved in the New Port construction project.

A contract-related survey will be conducted targeting partner companies to derive work improvement measures and prepare plans to promote ESG-based win-win cooperation.

Kang Jun-seok, President of BPA, said, “We will continue to create social value through ongoing cooperation with contracted companies and support market access for socially vulnerable enterprises, and strive to establish an ESG-based contract culture.”

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