CJ OnStyle Signs ESG Support Business Agreement with Dongbanwi... "Customized Education and Consulting"

A Total Contribution of 100 Million Won, Benefits Provided to 22 Partner Companies

[Asia Economy Reporter Lim Chunhan] CJ OnStyle announced on the 27th that it has signed a 'Cooperation Partner ESG (Environmental, Social, and Governance) Support Project Agreement' with the Korea Commission for Corporate Partnership.

CJ OnStyle has contributed a total of 100 million KRW to the Win-Win Cooperation Fund, and the Commission, together with the executing agency KSA Korea Standards Association, will comprehensively support ESG education and consulting for small and medium-sized partner companies. Twenty-two partner companies that have signed a win-win growth agreement with CJ OnStyle are participating in this ESG education and consulting support program. The Commission provides customized ESG guidelines tailored to the industry and personnel levels of participating companies and conducts customized training accordingly.

Consulting is also conducted to inspect supplementary items and improvements through on-site inspections by ESG experts. After completing the education and consulting process, participating companies with excellent compliance rates with ESG evaluation indicators will be selected, and the Commission will issue certificates of outstanding ESG small and medium enterprises in its name. Incentives such as preferential interest rates (Shinhan, KDB, Kyongnam, Kookmin Banks), export support services, and environmental and energy technology support will also be provided.

Participating companies will also receive priority support benefits from CJ OnStyle's partner support system, including eco-friendly packaging support, ESG evaluation and certification support, research and development (R&D) support, and global convention support.

A CJ OnStyle official said, “We have established various systems to provide practical help to partner companies that find it difficult to implement ESG management due to budget and manpower issues and to raise awareness of ESG. As we have advanced as a one-platform encompassing not only TV home shopping but also e-commerce, we will do our best to create a model ESG management system where various small and medium partner companies can grow together.”

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