27 Public Institutions Including Namdong Power and NHIS Awarded Highest Grade for Win-Win Growth

Ministry of SMEs and Startups Announces Evaluation Results of 134 Public Institutions
Support for Carbon Neutrality and ESG... Also Leads to Sales Growth Effects

Korea South East Power Co., Ltd.

Twenty-seven public institutions, including Korea South-East Power and Incheon Port Authority, received the highest grade in the Win-Win Growth evaluation.

The Ministry of SMEs and Startups announced the results of the 2022 Win-Win Growth evaluation for 134 public institutions on the 19th. In this evaluation, 27 institutions received the highest grade, 22 were rated excellent, 42 good, 23 average, and 20 institutions were marked as needing improvement.

Among the 27 institutions with the highest grade, 17 maintained the top rating for two consecutive years. Among public enterprises, four institutions were selected: Korea South-East Power, Korea Midland Power, KEPCO KDN, and Incheon Port Authority. Korea South-East Power invested 410 million KRW in a structural innovation support project targeting 18 partner SMEs to help them respond to carbon neutrality.

In the quasi-governmental and other groups, 13 institutions were selected, including the National Pension Service, Korea Technology Finance Corporation, Korea Trade-Investment Promotion Agency, Korea Credit Guarantee Fund, Korea Institute of Design Promotion, Korea Trade Insurance Corporation, and Korea Industrial Complex Corporation.

The Korea Industrial Complex Corporation introduced an ESG (Environmental, Social, and Governance) analysis system and provided ESG level diagnosis and customized consulting to 142 companies, improving ESG management compliance by 23.9 percentage points.

▲National Health Insurance Service

Among the 10 institutions upgraded to the highest grade, the National Health Insurance Service was upgraded by 4 grades, and the Korea Land and Housing Safety Management Institute by 2 grades. The National Health Insurance Service was recognized as a model case of Win-Win Growth for its one-stop scale-up support for social enterprises. The supported enterprises achieved 410 million KRW in investment attraction and 800 million KRW in sales increase through the Service's support.

The Ministry of SMEs and Startups stated that among the 134 evaluated institutions, 39 institutions, about 30%, improved their grades compared to the previous year. Additionally, the number of institutions rated average or needing improvement decreased (from 57 to 43), while those rated good increased (from 26 to 42), indicating an expansion of the Win-Win Growth base.

The results will be individually notified to the evaluated institutions and reflected in the public institution management evaluation conducted annually by the Ministry of Economy and Finance. A Ministry of SMEs and Startups official stated, "We plan to continuously improve evaluation indicators through communication with public institutions so that they can voluntarily discover win-win cooperation models and lead Win-Win Growth."

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