Dongbanwi Selects 155 'ESG Excellent SMEs'

When Gyeongujeon Electric was selected as an excellent ESG small and medium enterprise by the Korea Commission for Corporate Partnership, it was awarded an 'ESG Excellent Small and Medium Enterprise Certificate' in the name of the Commission, and a plaque was made and delivered. (From left) Kim Se-jun, Executive Director of Hoban Construction; Kim Han-jeong, CEO of Gyeongujeon Electric; Kim Young-hwan, Secretary General of the Foundation for Large, Small, and Medium Enterprises and Agriculture-Fishery Cooperation. Photo by Korea Commission for Corporate Partnership

[Asia Economy Reporter Kwak Min-jae] The Win-Win Growth Committee announced on the 23rd that it has selected 155 small and medium-sized enterprises (SMEs) as outstanding ESG SMEs among those participating in the '2021 Partner ESG Support Project.'

Last year, the Partner ESG Support Project involved 11 large and medium-sized enterprises and public institutions, providing comprehensive support to partner SMEs, including the development of customized ESG indicators, ESG education, self-assessment, and on-site inspections (consulting).

The 155 SMEs selected as outstanding ESG SMEs were judged to have excellent compliance rates with customized ESG indicators prepared based on the Win-Win Growth Committee’s 'SME ESG Standard Guidelines' through on-site inspections.

The Win-Win Growth Committee awarded the selected outstanding companies with an 'Outstanding ESG SME Certificate' in the name of the committee and also produced and delivered plaques.

Outstanding companies holding the certificate will receive incentives through the committee’s MOUs with related organizations, including ▲financial support (Shinhan, KEB Hana, Kyongnam, and Kookmin Banks) ▲export support (KOTRA) ▲environmental and energy technology support (Korea Institute of Energy Technology).

The 11 large and medium-sized enterprises and public institutions will also provide incentives such as support for domestic and international market development programs they operate independently, certification acquisition cost support, welfare program support, and additional points during regular partner evaluations.

A representative of the Win-Win Growth Committee stated, “We will continue to focus on support rather than evaluation and actively strive to build a competitive supply chain through win-win cooperation between large enterprises and partner SMEs in ESG management.”

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