GS Retail, MOU to Promote 'Joint ESG Projects in the Distribution Industry'

Signed Agreements with the Korea Chamber of Commerce and Industry and 10 Major Distribution Companies

GS Retail announced on the 11th that it has signed a business agreement with the Korea Chamber of Commerce and Industry and 10 major online and offline distributors to promote the 'Joint ESG Project in the Distribution Industry.'

GS Retail signed a business agreement on the 10th with the Korea Chamber of Commerce and Industry and 10 major online and offline retailers to promote a "Joint ESG Project in the Distribution Industry."
[Photo by GS Retail]

The Joint ESG Project in the Distribution Industry aims to develop a supply chain ESG management manual specialized for the distribution industry in collaboration with the Korea Chamber of Commerce and Industry and distributors, and to establish a platform for distributors to jointly utilize ESG information of their partners.

According to the agreement to promote the Joint ESG Project in the Distribution Industry, GS Retail will participate in the 'Joint ESG Project Promotion Committee in the Distribution Industry' to jointly address ESG issues in the distribution sector and to discover and promote various projects.

Specifically, starting this month, GS Retail will participate in developing the 'ESG Self-Diagnosis Guidelines for Distribution Partners' based on global standards and domestic related criteria for supply chain ESG information disclosure.

Gwak Changheon, Head of External Cooperation at GS Retail, stated, "We will actively support our partners' ESG management practices by taking a leading role in this Joint ESG Project in the Distribution Industry."

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