Emart Partners with Dongbanwi for ESG Support Project... Contributes 100 Million KRW to Win-Win Cooperation Fund

Providing Incentives Including Priority Selection for Eco-Friendly Certification Support

Emart logo. (Photo by Emart)

[Asia Economy Reporter Lim Chun-han] Emart announced on the 19th that it has signed the ‘2022 Partner Company ESG (Environment, Social, Governance) Support Project Agreement’ with the Win-Win Growth Committee.

Through this agreement, Emart and the Win-Win Growth Committee plan to support small and medium-sized enterprises (SMEs) that are interested in ESG but face difficulties in capacity building, by providing everything from specialized ESG education to certification of excellent companies.

Emart will contribute a total of 100 million KRW from the Win-Win Cooperation Fund to support all costs from education to certification in order to enhance the ESG response capabilities of partner SMEs. The Win-Win Growth Committee will comprehensively support the development of customized ESG evaluation indicators by industry and company, ESG education and capacity diagnosis, on-site inspections (consulting), and evaluations.

Partner SMEs with excellent compliance rates with ESG evaluation indicators will be issued an ESG Excellent SME Certificate under the name of the Win-Win Growth Committee. These companies will receive incentives such as preferential interest rates, export support services, and environmental and energy technology support. Additionally, incentives such as priority selection for win-win growth programs, including eco-friendly certification support operated by Emart, will be provided.

Emart has been accelerating company-wide ESG management by establishing the Sustainable Innovation Center and ESG Promotion Office last year and publishing a sustainability management report. It provides free consulting on energy management plans for partner companies, supports part of the facility improvement costs, and assists partner companies in obtaining eco-friendly product certification.

An Emart official said, “We have built a win-win paradigm through support such as market access, product development, and management know-how consulting aimed at the growth and competitiveness improvement of partner companies. Taking this agreement as an opportunity, we will support and expand the fundamental ESG capabilities of partner companies to further strengthen the industrial structure of mutual growth.”

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