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Busan Metropolitan City Launches “Sustainable (ESG) Management Capacity-Building Support Project” Based on a Win-Win Cooperation Model

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Busan Metropolitan City Mayor Park Heong-joon announced that on September 3 at 2:00 p.m., together with Yang Jae, Chairman of the Busan Chamber of Commerce and Industry, and Kang Seok-jin, President of the Korea SMEs and Startups Agency, the city held a launch briefing session for the “Sustainable (ESG) Management Capacity-Building Support Project” at the Busan Chamber of Commerce and Industry.

This project was prepared to establish a win-win cooperation model in which prime contractors and partner companies form one team, based on ESG management, to proactively respond to changes in the sustainable management environment and provide company-specific diagnosis, consultation, and consulting support.

In addition, the project will provide the latest information on sustainable (ESG) management through explanatory sessions and training, and offer benefits to participating companies by operating management support councils.

Since April this year, the project has been recruiting participating companies. In June, a total of 10 companies were finally selected, including five prime contractors—Dongyang Metal Industry Co., Ltd., DRB, Dongil Co., Ltd., Ananti Osiria Branch, and Panasia—along with their partner companies.

This launch briefing session served as an occasion for participating companies to strengthen their commitment to win-win cooperation and officially declare the full-scale implementation of the project. The event also included the presentation of plaques for “Sustainable (ESG) Management Win-Win Cooperation Branches” to five prime contractors, the launch ceremony for the “Sustainable (ESG) Management Alliance,” and the sharing of the latest trends and information related to sustainable management.

Furthermore, through this briefing session, the city analyzed key issues related to the sustainable management of participating companies and plans to provide tailored consulting services for each company in the future, while also exploring development strategies to widely promote sustainable management in Busan.

Meanwhile, since 2023, the city, together with the Busan Chamber of Commerce and Industry and the Korea SMEs and Startups Agency, has supported joint growth between prime contractors and partner companies in various fields such as technology, human resources, procurement, and sales to expand sustainable (ESG) management.

This model, the first case of sustainable management-based win-win cooperation in Korea, was incorporated into government policy in 2023. Last year, Techcross, a participating company, received a commendation from the Minister of Trade, Industry, and Energy at the 2024 Government Awards for Excellence in Sustainable Management.

Kim Bong-cheol, Assistant Mayor of Digital Economy Office, stated, “With the enactment of the Corporate Supply Chain Due Diligence Act, the Carbon Border Adjustment Mechanism, and the mandatory disclosure of sustainable (ESG) management, related regulations are expanding. Sustainable (ESG) management is no longer a matter of choice. I would like to thank the companies and institutions that have quickly adapted to this paradigm shift and participated in expanding sustainable management. Going forward, Busan Metropolitan City will continue to strengthen corporate support systems so that local companies can achieve global competitiveness even in rapidly changing business environments, and provide tangible assistance to exporting enterprises.”