SK Stoa Holds 'The Ddaddeuthan' Review Meeting to Practice ESG Management

On the 23rd, the second round of judging for the '2022 2nd Quarter The Ddaddeuthan' product evaluation was held at the SK Store headquarters in Sangam-dong, Mapo-gu, Seoul.

[Asia Economy Reporter Jeon Jinyoung] SK Stoa announced on the 24th that it held the 2nd quarter 2022 ‘The Warm’ product evaluation meeting.

The evaluation meeting was planned to support the expansion of sales channels for social enterprises with excellent technology and products in collaboration with Happy Narae, and to strengthen SK Stoa’s product competitiveness and practice ESG (Environmental, Social, and Governance) management. It is held once every quarter each year, selecting about five outstanding companies per session to showcase their products.

Organizations eligible to participate include social enterprises certified by the Ministry of Employment and Labor, regional and ministry-type preliminary social enterprises, and social cooperatives approved by the Ministry of Strategy and Finance. Selected companies receive various support such as securing sales channels through TV shopping broadcasts, product planning, QA consulting support, and expanding sales channels linked with the Small and Medium Business Distribution Center and local governments.

Since starting the evaluation meetings in 2018, SK Stoa has showcased products from about 70 social enterprises and actively practices ESG management by continuously operating the ‘Value Consumption’ special exhibition on its online mall, which features only products from social enterprises.

This evaluation meeting was conducted face-to-face, switching from the non-face-to-face format used after the spread of COVID-19. Twenty-seven companies participated in the first round of screening, and twelve companies took the stage at the second evaluation meeting held on the 23rd. Various types of companies, including job-creating social enterprises, preliminary social enterprises, community contribution social enterprises, and social venture companies, participated and presented mainly food-related products.

Among them, about five companies will be finally selected as supported companies after the third round of screening based on the results of the second screening. They are scheduled to start selling products on SK Stoa and receive various support benefits from SK Stoa starting in August.

Yoo Jegwang, head of the ESG team at SK Stoa, said, “The evaluation meeting was planned and operated to secure sales channels for social enterprises and strengthen SK Stoa’s product competitiveness. We will continue to actively practice ESG management that can coexist with various social members such as social enterprises, small and medium-sized enterprises, and small business owners.”

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