Dongbanwi-Shinsegae Department Store Lead ESG Innovation for Partner Companies

The Win-Win Growth Committee and Shinsegae Department Store signed an agreement on the 19th to participate in the '2024 Partner ESG Support Project.'

Shinsegae Department Store, participating in the project for the second consecutive year, is contributing 50 million KRW to the Win-Win Cooperation Fund and plans to spread the values of environment, social, and transparent management (ESG), such as safety and eco-friendliness, to its partners, as well as support the enhancement of their ESG capabilities.

The Win-Win Growth Committee will select environmental, social, and transparent management indicators for partner small and medium enterprises (SMEs) according to the 'SME ESG Standard Guidelines,' and focus on strengthening partners' ESG capabilities through education, diagnosis, and on-site inspections (consulting).

Shinsegae Department Store declared ethical management in 1999, the first among domestic companies, evolved into responsible management to fulfill corporate social responsibility in 2013, and has been actively implementing ESG management since 2021 to create social value.

Lee Dal-gon, chairman of the Win-Win Growth Committee, said, "Shinsegae Department Store's active participation will serve as a great model for other companies, and through this, more partners will be led to practice sustainable management."