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Korea Leaders Summit talks sustainability

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2019-10-31 18:54
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-The United Nations Global Compact (UNGC) Network Korea held the Korea Leaders Summit 2019 on Thursday, encouraging local companies to more actively pursue sustainable development and jointly tackle social issues like climate change and gender equality.

-A survey by the UNGC Network Korea unveiled Thursday shows that the perception is shifting and firms are starting to see SDGs as a serious way to be more competitive.

-Based on a survey of the top 100-listed companies on the Kospi, 29 percent of respondents said SDGs are pursued by their companies’ strategy planning team and 3.6 percent by the investor relations team. Moreover, when asked whether they think pursuing SDGs is a must for companies, 26.3 percent replied with a strong yes, while 55.3 percent answered yes.

-“Unlike in the past, more companies are pursuing SDGs through teams other than corporate social responsibility teams, like strategy planning, which shows they are trying to incorporate SDGs into their business strategies,” a spokesperson from UNGC Network Korea said.

 

Korea Joongang Daily

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