Korea Patent Strategy Development Institute Takes First Step Toward ESG Management Internalization

The Korea Institute for Strategy and Technology Advancement (hereinafter KISTA) has taken its first step toward internalizing ESG management.

On the 15th, KISTA announced the official launch of the 'KISTA ESG Committee.'

Lee Jae-woo, President of the Korea Patent Strategy Development Institute (fifth from the left), is taking a commemorative photo with the committee members after the launch ceremony of the 'ESG Committee' on the 15th. Photo by Korea Patent Strategy Development Institute

The committee is chaired by KISTA President Lee Jae-woo, and operates with the participation of three non-executive directors from KISTA and six external members.

With the launch of the committee as an opportunity, KISTA will integrate ESG management throughout the entire process of promoting projects to discover and implement an institution-tailored ESG management model.

Additionally, KISTA plans to report the '2023 ESG Management Promotion Plan,' which includes detailed execution measures such as discovering practice models based on projects and establishing an ESG implementation system, to the ESG Committee, and will conduct regular monitoring and advisory through subcommittees by sector.

KISTA President Lee Jae-woo stated, "With the launch of the committee, KISTA will strive to internalize ESG management in its institutional operations," adding, "We expect that the ESG Committee will continuously monitor KISTA's management and contribute to establishing public-led ESG management standards."

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