MBK Partners Launches "Social Responsibility Committee"
Composed of Eight Experts from Former Government Officials, Society, Law, and Academia
Lee Youngseong, Former Publisher of The Korea Times, Appointed as Chairperson
Promoting Stronger Social Responsibility Throughout Investment Activities
MBK Partners announced that it will officially launch its "Social Responsibility Committee" on October 22, 2025, to strengthen corporate social responsibility and ESG investment principles. The firm explained that the establishment of the committee is a measure to meet social expectations as a private equity management company and to institutionalize a culture of responsible decision-making throughout its investment activities.
The committee is composed of eight experts from various fields, including former government officials, society, law, and academia, such as Lim Seojung, former Senior Presidential Secretary for Job Creation; Yoon Sungwook, former Second Deputy Minister at the Office for Government Policy Coordination; and Kim Seongsik, former judge at the Seoul District Court. The committee appointed Lee Youngseong, former publisher and CEO of The Korea Times, as its chairperson.
The committee will ensure that social responsibility is systematically reflected in MBK's investment activities, while also reviewing the impact on various stakeholders, including shareholders, employees, partners, and customers, to minimize negative effects and expand positive contributions. Additionally, it plans to establish an ESG monitoring system in line with international standards and to promote communication to specify the social and economic roles and responsibilities of private equity investments.
In particular, the committee will deliberate and advise on matters related to social responsibility in major decision-making processes of MBK and its portfolio companies. Through the establishment of ESG indicators and annual evaluations, it will continuously monitor key areas such as employment stability, fair trade, and environmental management. In the event of a social issue, the committee has the authority to independently convene an emergency review, suggest necessary response directions, and formally request improvements from the board of directors and management.
The committee plans to publish a report at least once a year detailing its activities and ESG performance. MBK Partners stated that the committee is composed mainly of external experts to ensure independence and objectivity, and that the key outcomes of discussions will be transparently disclosed.
Chairman Lee Youngseong said, "The committee aims to ensure that MBK Partners establishes social responsibility not merely as a norm, but as a value that is substantively embedded throughout the entire investment process. Experts from each field will work together to ensure that investment activities are aligned with social values."
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An MBK Partners representative stated, "The launch of the Social Responsibility Committee is part of our efforts to fulfill our fiduciary duties in accordance with the principle of good faith as a private equity management company, and to reflect on the impact of corporate activities on society as a whole. MBK Partners will continue to develop as a management company that drives positive change not only in investment performance but also for people, communities, and the environment."
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