CJ Logistics

In the 21st century, a buzzword the world over is definitely “sustainable management.” Sustainable management is a concept grown out of the notion of sustainable development as defined in 1987 by the World Environment Development Committee-published book “Our Future (Our Common Future).” Development meeting should meet the present generation’s needs while not deterring the future generation’s capacity to meet their needs. ESG refers to the environment, society and governance, which the UN PRI (UN Principle of Socially Responsible Investment) asks to consider as a core element in deciding on an investment. Improving business soundness via transparent corporate governance, analyzing the influence of business on the environment and society, and inducing positive influences for business to achieve sustainable growth over the long term is sustainable management.

Korea Corporate Governance Service, intending to elevate the social responsibility of listed companies, promotes its activities and also encourages responsible investment, and has developed an independent model for ESG evaluation. The model, while keeping global standards like ISO26000, is a Koreanized evaluation model based on the circumstances of Korean companies for providing information on principles and standards of socially responsible management. ESG evaluation is a method of corporate governance evaluation supplemented in the evaluation of the social and environmental sector for promoting and encouraging sustainable development by listed Korean companies.