Jungjingong, 'ESG Management Excellence Innovation Case' Contest
Email Submissions Accepted Until the 30th... Six Awards Including Grand Prize and Excellence Award to Be Selected
[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 1st that it will jointly hold the '2022 ESG Management Excellent Innovation Case Contest' with participating organizations of the ESG Public-Private Council.
The ESG Public-Private Council is a consultative body launched by the Ministry of SMEs and Startups to share information related to ESG (Environment, Social, Governance) and establish ESG support policies for small and medium enterprises, with 29 organizations participating. This contest was promoted to discover and share excellent ESG practice cases based on public-private cooperation to expand the base of ESG management among SMEs.
Anyone classified as a small or medium enterprise under the Framework Act on Small and Medium Enterprises can participate in the contest. The contest fields are ▲Environmental Innovation (E) ▲Social Innovation (S) ▲Governance Innovation (G) ▲ESG Leading Cases, totaling four categories. The contest themes allow participants to choose one of two options: ▲Voluntary ESG practice cases by companies ▲ESG leading cases that overcame rapidly changing external environmental crises such as supply chain due diligence and achieved results.
Participation details can be found on the SBC website's notice board. The application deadline is the 30th of this month, and after evaluation and verification procedures, a total of six excellent cases, including the grand prize and the best award, will be selected. Additionally, SBC will conduct separate on-site interviews with excellent companies participating in the contest and publish an 'ESG Excellent Practice Company Casebook.' Through this casebook, it plans to present precedents that SMEs struggling with ESG management practices can refer to.
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Chairman Kim Hak-do said, "With the recent expansion of ESG management demands such as supply chain due diligence, ESG practice has become a necessity, not a choice, even for SMEs. Through this contest, we will focus on creating an environment for voluntary ESG management among SMEs by discovering and sharing excellent ESG practice cases."
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