Jungjingong Receives 'Minister of Industry Award' for 2023 Sustainable Management Excellence

Leading the Spread of ESG Management in SMEs
Contributing to the Development of the Public Sector ESG Bond Market

The Small and Medium Business Corporation (Chairman Kang Seok-jin, hereinafter referred to as SBC) announced on the 17th that it received the Minister of Trade, Industry and Energy Commendation at the '2023 Sustainable Management Government Awards Ceremony.'

The Sustainable Management Government Awards are government awards in the ESG (Environment, Social, Governance) category, presented to organizations and groups that contribute to the spread and leadership of sustainable management and enhance industrial competitiveness through exemplary management activities. The awards are hosted by the Ministry of Trade, Industry and Energy and the Ministry of SMEs and Startups.

This year, SBC was recognized for its achievements in sustainable management in environment, society, and governance, its faithful implementation of national policy tasks, and its active support for the ESG management transition of small and medium enterprises and startups.

Kim Byung-su, Head of Management at Jungjin Corporation (left), is taking a commemorative photo at the '2023 Sustainable Management Government Awards Ceremony'.

Specifically, SBC was highly evaluated for ▲ newly developing a carbon reduction performance measurement system ▲ establishing standard measures for carbon reduction ▲ opening 10 new Structural Innovation Support Centers and promoting structural transformation through linked support ▲ introducing carbon-neutral smart factory equipment and expanding policy funds support for eco-friendly companies ▲ publishing an ESG management guidebook ▲ launching an ESG public-private council.

In addition, SBC laid the foundation for operations by incorporating ESG management into its mid- to long-term management strategy system and establishing a mid- to long-term environmental management strategy to spread ESG management throughout the organization. It also issued 100 billion KRW worth of green bonds, the first among quasi-governmental organizations managing funds, and was recognized for contributing to the development of the public sector ESG bond market by conducting post-verification of ESG bonds.

Chairman Kang Seok-jin stated, "SBC will actively support small and medium enterprises and startups to achieve innovative growth and enhance corporate competitiveness through carbon neutrality and ESG management transition."

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