Korail Selected as 'Best Institution for Traditional Market Commercial Activities'

Korea Railroad Corporation (KORAIL) was selected as the Best Institution in the Social Sector at the '2022 Public Institution Traditional Market ESG Excellent Win-Win Activity Contest.'

[Asia Economy Reporter Kim Min-young] Korea Railroad Corporation (KORAIL) announced on the 6th that it was selected as the best institution in the '2022 Public Institution Traditional Market ESG Excellent Win-Win Activity Contest.'

Co-hosted by the Ministry of SMEs and Startups and the Small Enterprise and Market Service, this contest evaluated win-win activities in ESG fields?Environment (E), Social (S), and Governance (G)?among 349 public institutions to revitalize traditional markets.

KORAIL was recognized for its contributions in the social sector through △operating railway tourism products supporting traditional markets △reviving the ‘Paldo Jangteo Tourist Train’ to revitalize traditional markets △campaigns for purchasing and using traditional market goods.

In particular, KORAIL encouraged the use of traditional markets through regionally customized activities such as Chuseok shopping events and distributing shopping bags, and conducted sharing activities supporting socially vulnerable groups by donating purchased goods.

KORAIL has been leading the revitalization of traditional markets through railways, having won the grand prize in the exchange activity category in the same contest in 2020 and the excellence award last year for ‘supporting work know-how.’