KCCP and Energy Public Enterprises Launch 'Partner Company ESG Support Project'

Joint Contribution to Mutual Cooperation Fund
Education and Consulting for ESG Management Implementation

The Korea Commission for Corporate Partnership (KCCP) is working with three energy public enterprises?Korea Gas Technology Corporation, Korea Gas Safety Corporation, and KEPCO Nuclear Fuel?to embed ESG management practices within their small and medium-sized partner companies.

On June 25, the KCCP announced that it had signed a joint memorandum of understanding with these public enterprises to promote the "2025 Partner Company ESG Support Project." With this agreement, Korea Gas Safety Corporation and KEPCO Nuclear Fuel will participate in the ESG support project for partner companies for the third consecutive year, while Korea Gas Technology Corporation will be participating for the second time, following its involvement in 2023.

Embedding ESG management means that a company fully integrates and absorbs the elements of Environment, Social, and Governance (ESG) not simply as a response to external regulations or campaigns, but as a core part of its management strategy and value chain.

Under the agreement, the three companies will jointly contribute to a mutual cooperation fund and operate a comprehensive and systematic support program for their small and medium-sized partners. This program will include education, assessments, and on-site inspections (consulting) to help these partners adopt and practice ESG management. To this end, the KCCP will work with the public enterprises to jointly develop customized ESG evaluation indicators that reflect the characteristics of each partner company. Partner companies that demonstrate outstanding ESG performance will receive a "ESG Excellent SME" certificate issued by the KCCP and will be eligible for incentives.

Lee Dalgon, Chairman of the KCCP, stated, "The continued participation of energy public enterprises and the accumulated ESG achievements serve as a crucial driving force in spreading sustainable management throughout the supply chain. Through this agreement, we expect that the ESG capabilities of partner SMEs will advance significantly, and that the public-private collaborative ESG ecosystem will become even more robust."