Lotte Duty Free Contributes 50 Million Won to Win-Win Fund for SMEs...ESG Support Project

Business Agreement Signed with the Win-Win Growth Committee
First in the Duty-Free Industry to Participate for Three Consecutive Years
Enhancing ESG Competitiveness through Tailored Consulting

Lotte Duty Free announced on October 15 that it has signed a business agreement with the Win-Win Growth Committee for the 2025 ESG (Environmental, Social, and Governance) support project for partner companies, marking the third consecutive year it will work to strengthen the ESG management capabilities of small and medium-sized partner companies.

Lotte Duty Free - Win-Win Growth Committee Small and Medium Partner ESG Capacity Building Support Project. Provided by Lotte Duty Free

Since becoming the first in the duty-free industry to participate in the Win-Win Growth Committee's ESG support project for partner companies in 2023, Lotte Duty Free has contributed to the Win-Win Cooperation Fund every year, building trust with its partners. This year as well, the company will contribute 50 million won to the fund and, based on the committee's ESG standard guidelines for small and medium-sized enterprises, will derive customized ESG indicators for each partner company. ESG education and tailored consulting will also be provided to interested partners.

In particular, this year, in-depth consulting will be offered to 10 small and medium-sized partner companies that wish to participate. Through both online and offline training sessions and at least two on-site inspections, the current ESG status of each company will be assessed and improvement measures will be recommended. Small and medium-sized partners wishing to participate can apply via the official Lotte Duty Free Win-Win Growth email.

After the consulting is completed, companies with outstanding ESG indicator compliance will be issued an "ESG Excellent SME Certificate" in the name of the Win-Win Growth Committee. Certified partners can receive various incentives, including preferential bank interest rates at KB Kookmin Bank, IBK Industrial Bank of Korea, Shinhan Bank, Hana Bank, and Kyongnam Bank.

Kim Dongha, CEO of Lotte Duty Free, stated, "We will continue to prioritize win-win cooperation with our partners as a core value and fulfill our social responsibilities through the practice of ESG management."

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