‘Expansion of ESG Management in the Robot Industry’ … Korea Institute for Robot Industry Advancement and Korea ESG Society Sign MOU

The Korea Institute for Robot Industry Advancement (Director Son Woong-hee) and the Korea ESG Society (President Ko Moon-hyun) have signed a memorandum of understanding (MOU) for the "Expansion and Practice of ESG Management in the Robot Industry."

On the 4th, Son Woong-hee, Director of the Korea Institute for Robot Industry Advancement, and Ko Moon-hyun, President of the Korea ESG Society, met at the Korea Institute for Robot Industry Advancement in Daegu city to sign the MOU for the "Practice and Expansion of ESG Management in the Robot Industry."

Son Woong-hee, President of the Korea Institute for Robot Industry Advancement (left), and Ko Mun-hyun, Chairman of the Korea ESG Society, are shaking hands after signing a "business agreement."

Through this agreement, the two organizations will establish a collaborative system to support the practice and expansion of ESG management, seek and promote joint research and win-win implementation plans related to ESG, and share resources necessary for ESG management promotion as well as activate joint networks.

Ko Moon-hyun, President of the Korea ESG Society, stated, "The practice and habitualization of ESG are important for a sustainable future," adding, "We will cooperate together to expand ESG in the robotics field and realize social value through this agreement."

Son Woong-hee, Director of the Korea Institute for Robot Industry Advancement, said, "In the past, corporate value was mainly evaluated from a financial perspective, but recently, non-financial values such as ESG are being evaluated as important. I hope this MOU will serve as a foundation for the expansion of ESG management among domestic robot companies and the realization of social value."

The Korea ESG Society contributes to the development of ESG in Korea by establishing ESG model standards to promote Korean ESG culture and create a sustainable management environment, and by certifying and awarding excellent companies that comply with these ESG model standards.