Samsung Electro-Mechanics Earns Highest Grade in "Win-Win Growth Index"
Strengthening Win-Win Cooperation with Partners and Practicing ESG Management
Win-Win Cooperation Day and On-Site Communication Forums
Initiatives to Build Stronger Trust with Partners
Samsung Electro-Mechanics announced on November 2 that it has received the highest grade for the second consecutive year in the “2024 Win-Win Growth Index” evaluation released by the Win-Win Growth Committee.
The Win-Win Growth Index is an indicator evaluated annually by the Win-Win Growth Committee since 2011 to promote cooperation between large corporations and small and medium-sized enterprises. The evaluation combines the committee’s comprehensive win-win growth assessment and the Fair Trade Commission’s agreement implementation assessment. Grades are classified into five categories: Highest, Excellent, Good, Average, and Needs Improvement.
Samsung Electro-Mechanics appears to have scored highly for its efforts to strengthen trust with its partners, such as holding Win-Win Cooperation Day events and on-site communication with suppliers. Last year, the company contributed to stabilizing its partners’ management by providing financial support totaling approximately 80 billion won through initiatives such as the Win-Win Fund for partners. In addition, Samsung Electro-Mechanics actively dispatches experts in development, technology, and quality to its partners and provides customized training and on-site improvement support to enhance their technological and quality competitiveness.
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Through a variety of win-win cooperation support activities, Samsung Electro-Mechanics is enhancing the competitiveness of its partners. Going forward, the company plans to continue leading a culture of shared growth with its partners by supporting win-win funds, improving productivity, quality, and safety environments, and providing specialized and customized technical training. In April, Samsung Electro-Mechanics signed the “Partnership Ecosystem Strengthening Agreement” with the Win-Win Growth Committee and its partners, committing to provide approximately 200 billion won in support over the next three years, from this year through 2027.
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