Dongbanwi Enhances ESG Response Level in Construction Industry with HDC Hyundai Development Company
Agreement Signed to Expand ESG Management in Construction Industry
HDC Hyundai Development Contributes 50 Million Won to Win-Win Cooperation Fund
Dongbanwi Supports ESG Evaluation Index Development and Diagnosis
The Win-Win Growth Committee announced on the 10th that it has signed a participation agreement for the 'Partner ESG (Environment, Social, Governance) Support Project' with HDC Hyundai Development Company.
This agreement was established to enhance the level of ESG management response in the construction industry for creating a sustainable supply chain.
Through the agreement, HDC Hyundai Development will contribute a total of 50 million KRW to the win-win cooperation fund to improve the ESG response capabilities of small and medium-sized partner companies. The Win-Win Growth Committee will provide support such as developing customized ESG evaluation indicators, education, capability diagnosis, and on-site inspections (consulting).
Small and medium-sized partner companies with excellent compliance rates with ESG evaluation indicators can receive an 'ESG Excellent SME Certificate' issued by the Win-Win Growth Committee. Partner companies holding the certificate will also receive incentives such as preferential interest rates, export support, and environmental energy technology support.
HDC Hyundai Development is practicing ESG management by continuously publishing a 'Sustainable Management Report' containing ESG management activities, achievements, and future plans, as well as expanding activities for community development and mutual growth. Choi Ik-hoon, CEO of HDC Hyundai Development, said, "I hope this agreement will practically help strengthen the ESG response capabilities of partner companies."
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Oh Young-gyo, Chairman of the Win-Win Growth Committee, said, "The signing of this agreement with HDC Hyundai Development, which is leading ESG management in the construction industry, is very meaningful," and added, "I hope ESG management will spread within the construction industry through this project."
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