TIPA, Joint Declaration on 'ESG Management Practice' with 11 Research Management Institutions

[Asia Economy Reporter Kim Jong-hwa] The Korea Technology and Information Promotion Agency for SMEs (TIPA) held a joint ESG Management Practice Declaration Ceremony on the 23rd at the Seoul headquarters of the Korea Institute of Marine Science and Technology Promotion, together with 11 research management specialized institutions, to promote ESG management values that emphasize the environment, society, and people.

The research management institutions participating in this declaration ceremony include the Korea Agency for Infrastructure Technology Advancement, the Korea Institute of Planning and Evaluation for Technology in Food, Agriculture, Forestry and Fisheries, TIPA, the Korea Meteorological Industry Technology Institute, the Korea Health Industry Development Institute, the Korea Institute for Advancement of Technology, the Korea Evaluation Institute of Industrial Technology, the Korea Energy Technology Evaluation Institute, the National Research Foundation of Korea, the Korea Forestry Promotion Institute, the Korea Environmental Industry & Technology Institute, and the Korea Institute of Marine Science and Technology Promotion. These 11 research management institutions belong to the Research Management Innovation Council, a cooperative consultative body among research management specialized institutions aimed at improving the efficiency and expertise of national research and development project management.

The institutions participating in the declaration ceremony declared their commitment to setting and practicing common ESG goals to continuously develop as research management specialized institutions trusted by the public and researchers.

Through the joint declaration, TIPA recognized its responsibility to improve the local community environment and create a sustainable research and development environment through environmental management practices; to fulfill social responsibilities such as safety, mutual growth, and protection of vulnerable groups; and to actively communicate and cooperate with various internal and external stakeholders in decision-making processes, pledging to spread and implement ESG values throughout the promotion of national research and development projects.

Lee Jae-hong, President of TIPA, said, "This ESG management practice declaration ceremony held together by research management specialized institutions is a cornerstone for strengthening the ESG management foundation in national research and development projects."

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