Gyeongbuk Development Corporation Wins 'Korea ESG Award' and 'Korea Public ESG Management Award'

Gyeongbuk Development Corporation (President Lee Jae-hyuk) has proven its excellence as a leading public enterprise in ESG management by consecutively winning major domestic awards in the ESG management field. As a local public enterprise, the corporation was recognized for its sincerity and tangible achievements in ESG management, achieving the great feat of winning the Grand Prize at the ‘2024 Korea ESG Awards’ and the ‘2nd Korea Public ESG Management Awards’.

At the ‘2024 Korea ESG Awards’ ceremony held on the 23rd at the National Assembly Members’ Office Building, Gyeongbuk Development Corporation was the only recipient of the Grand Prize in the local public enterprise category. This award is jointly hosted by the Korea ESG Society and Electronic Times, selecting and honoring companies and institutions that have achieved ESG practices and innovative results over the year. The corporation was recognized for its sustainable management efforts through regional eco-friendly urban development projects, creation of social value, and strengthening of transparent governance.

Kim Ju-young, Head of ESG Management Team at Gyeongbuk Development Corporation (center), is holding a congratulatory bouquet and posing for a commemorative photo after receiving the Korea ESG Management Award.

The corporation’s ESG management case was presented as an excellent example at the awards ceremony, drawing significant attention. The presentation content will also be included in the ESG Best Practices Collection, serving as a reference for various institutions seeking ESG management in the public sector.

On the 27th, at the ‘2nd Korea Public ESG Management Awards’ held at Sogang University in Seoul, the corporation also won the Grand Prize in the urban development category. This award is organized by the Korea Public ESG Research Institute and is given to institutions that achieve the highest grade (Grade A) in implementation evaluations based on 66 indicators of the government’s K-ESG guidelines targeting the public sector. The corporation received high evaluations for its eco-friendly urban development aimed at reducing carbon emissions, expansion of renewable energy distribution, and social contribution activities based on cooperation with local communities.

Lee Jae-hyuk, President of Gyeongbuk Development Corporation, stated, “This award is a precious achievement created by the footprints of ESG management that the corporation has walked, the dedication of the executives and employees who have built it together, and the warm support of the residents.” He added, “We will continue to do our best for the local community and environment and fulfill our responsibilities as a public enterprise that grows together with the residents.”

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