KOTRA and KPC Hold 'EcoVadis Assessment Response Workshop'

EcoVadis Executives from France Visit Korea for the First Time
Introduction to the World's Largest ESG Evaluation Model, EcoVadis

KOTRA and the Korea Productivity Center (KPC) announced on the 13th that they held the "EcoVadis Evaluation Response Workshop" jointly with EcoVadis SAS at KOTRA headquarters in Yeomgok-dong, Seoul the previous day.

EcoVadis is the world's largest supply chain ESG evaluation model, with many global companies requiring their partners to obtain EcoVadis evaluation scores and imposing disadvantages such as suspending or delaying business relationships if certain standards are not met.

Lee Jung-hoon, Head of the Digital Trade and Investment Division at KOTRA, is delivering the opening remarks at the workshop. Photo by KOTRA

As part of the "KOTRA-EcoVadis-KPC Business Agreement" signed on November 13 last year, this workshop was organized to enhance the understanding of domestic export companies about the EcoVadis evaluation and to explore response strategies.

The workshop consisted of ▲features of the EcoVadis evaluation model and response strategies ▲global supply chain evaluation trends ▲related KOTRA support projects ▲case studies of EcoVadis Platinum-rated companies (top 1%). As a side event, on-site consultations were held by Econine, the official education partner of EcoVadis, GSC Global Standard Certification Institute, and AMS Management Consulting.

In addition to this workshop, KOTRA and KPC are collaborating with EcoVadis to jointly enhance the Korean-language evaluation questions so that domestic companies can easily and conveniently participate in the EcoVadis evaluation, and are working on improving the overall evaluation environment by producing evaluation guides that consider domestic regulations and circumstances.

An Wanki, Chairman of KPC, said in his opening remarks, "With the European Union approving the EU Supply Chain Due Diligence Directive last April, ESG management is once again in the spotlight," adding, "KPC and others are striving to ensure that domestic export companies can receive stable ESG and supply chain evaluations." He emphasized, "We will take the lead in building an ESG ecosystem so that domestic consulting firms, educational institutions, and public organizations can provide more practical and systematic on-site support to trading companies."

Yoo Jung-yeol, President of KOTRA, said, "This workshop will be a great opportunity to resolve our companies' questions about the EcoVadis evaluation," and added, "KOTRA will actively support small and medium-sized export companies to secure competitiveness in sustainability evaluations including EcoVadis."

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