Dongbanwi-Korea Water Resources Corporation, Strengthening Cooperation for the Future of the Water Industry

The Win-Win Growth Committee signed a participation agreement on the '2024 Partner Company ESG Support Project' with Korea Water Resources Corporation on the 21st.

Korea Water Resources Corporation, participating in the support project for the third consecutive year, contributed 100 million KRW to the Win-Win Cooperation Fund and plans to recruit 20 small and medium-sized enterprises (SMEs) in the water sector to support the improvement of ESG (Environmental, Social, and Governance) management awareness and the strengthening of ESG response capabilities for SMEs.

The Win-Win Growth Committee will select customized ESG indicators for companies according to the 'SME ESG Standard Guidelines' and will conduct ESG education, diagnosis, and on-site inspections (consulting) focusing on the environmental sector.

Through the previous two Win-Win Growth Committee ESG projects, Korea Water Resources Corporation improved the ESG indicator compliance rate of participating SMEs from 35.1% to 88.6%, an increase of 53.5 percentage points, and 40 out of 41 participating companies (97.6%) obtained the Win-Win Growth Committee's 'ESG Excellent SME Certificate.'

Education and consulting were provided on overall ESG aspects, including carbon emission reduction plans and the operation of worker safety and health management organizations, laying the foundation for creating a sustainable supply chain.

Lee Dal-gon, Chairman of the Win-Win Growth Committee, stated, "Korea Water Resources Corporation, as a representative eco-friendly public enterprise, has taken the lead in the development of the national water industry and strengthening global competitiveness," adding, "We hope that K-Water will continue to lead the industry and that ESG management will spread further among partner companies."

Ahn Jeong-ho, Head of the Green Infrastructure Division at Korea Water Resources Corporation, said, "As Korea's leading water management institution, we are proactively supporting the strengthening of ESG capabilities for SMEs based on cooperation with the Win-Win Growth Committee," and added, "We will strive for the sustainable growth of the entire water industry ecosystem."

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