Emart Signs Agreement with Dongbanwi on 'Partner ESG Support Project'
Contribution of 100 Million Won to the Win-Win Cooperation Fund
Emart announced on the 18th that it has signed the '2023 Partner ESG Support Project Agreement' with the Korea Commission for Corporate Partnership (KCCP).
![Emart has signed a business agreement with the Win-Win Growth Committee for the '2023 Partner ESG Support Project.' The photo shows the exterior of Emart headquarters. <br>[Photo by Emart]](http://www.asiae.co.kr/news/img_view.htm?img=2023101808311919281_1697585479.jpg)
Emart has signed a business agreement with the Win-Win Growth Committee for the '2023 Partner ESG Support Project.' The photo shows the exterior of Emart headquarters.
[Photo by Emart]
According to this agreement, Emart and KCCP plan to support small and medium-sized enterprises (SMEs) from specialized ESG education to certification of excellent companies. Emart will contribute 100 million KRW to the Win-Win Cooperation Fund and create educational programs based on ESG standard guidelines to support its partners. KCCP will comprehensively support the development of customized ESG evaluation indicators reflecting industry and company characteristics, ESG education and competency diagnosis, on-site inspections (consulting), and evaluations.
SMEs with excellent compliance rates on ESG evaluation indicators will be issued an 'ESG Excellent SME Certificate' under the name of KCCP. Incentives such as preferential interest rates, preferential treatment in overseas expansion support projects, and environmental and energy technology support will be provided. Additionally, incentives such as priority selection for win-win growth programs, including eco-friendly packaging facility support operated by Emart, will be given.
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Chunsik Son, Executive Director in charge of Compliance at Emart, stated, "Recently, in the European Union (EU), the 'Supply Chain Due Diligence Act,' which mandates checking for any human rights or environmental violations in the procurement of raw materials or parts, has become a major issue in ESG management. As supply chain ESG risk management becomes increasingly important, we will expand multifaceted support to strengthen the ESG capabilities of our small and medium-sized partners."
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