• Title/Summary/Keyword: Environmental Governance

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A Study on ESG Activities of Shipping Companies (해운기업의 ESG 활동에 관한 연구)

  • Soon-Wook Hong
    • Journal of Navigation and Port Research
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    • v.48 no.1
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    • pp.55-61
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    • 2024
  • Environmental, Social, and Governance (ESG) management may be one of the recent hot topics in corporate management. The purpose of this paper was to study the level of ESG activities of shipping companies. The shipping industry is known to have low transparency and low favorability (Yun, 2022). This study determined whether ESG activities of shipping companies known to the public or studied qualitatively were consistent with objective facts through quantitative analysis. Analysis was conducted on 8,009 firm-year KOSP I listed companies from 2010 to 2022 using ESG ratings evaluated and published by KCGS. As a result of the analysis, it was found that shipping companies had a lower level of ESG activities than non-shipping companies. Although many research studies have been done on companies' ESG activities, research on corporate social responsibility activities and ESG activities of domestic shipping companies is limited. This paper is significant in that it is the first study to quantitatively analyze ESG management status of domestic shipping companies. Shipping companies should make efforts to improve their images, improve their business performances, and increase corporate sustainability by taking the lead in proactive ESG activities rather than performing passive ESG activities due to external regulations such as IMO 2020 and IMO 2050.

ESG Variables Selection for Container Port Using WNA (워드네트워크 분석을 활용한 컨테이너부두 ESG 변수 선정)

  • Shin, Jong-Bum;Kim, Kyung-Tae;Kim, Hyun-Deok
    • Journal of Korea Port Economic Association
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    • v.39 no.2
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    • pp.15-23
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    • 2023
  • In a situation where the necessity and importance of ESG management is increasing recently, it is judged that selecting important ESG-related variables for container terminals, which are the bases of export and import logistics, among various variables of ESG evaluation agencies will help to establish ESG management strategies for container terminals which led us to proceed with this study. The results of word network analysis are summarized as follows. The weighed degree, that is, the AWD of Environmental management(E) variables, is obtained in the order of Environmental Protection Investment(54), Environmental Awareness Education(45), Work Team Structure(31), Environmental certification(32). Page Ranks, the order of centrality and connectivity index is Environmental Awareness Education(0.0765), Employee Engagement(0.0765), Environmental Protection Investment(0.0761), Work Team Composition(0.0761), and Environmental certification(0.0761). The AWD(Average Weighed Degree) of the Social Responsibility Management(S) variables, followed by Protecting workers' human rights and contributing to local communities(68), Safety Education(63), Safety certification(59), and Responding to infectious diseases(40). Orders by Page Ranks, centrality and connectivity Index, are Protecting workers' human rights and contributing to local communities(0.165), Safety Education(0.153), Safety Certification(0.144) and Responding to infectious diseases(0.102). The AWD of Governance and Ethical management(G) variables, followed by Anti-corruption(27), Transparent management(24), Mutual cooperation between stakeholders(19), and Sustainability reporting(9). Page Ranks, the order of centrality and connectivity index is the Anti Corruption(0.241), Transparent management(0.216), Mutual cooperation between stakeholders(0.174), Directors' roles and responsibilities(0.105), Shareholder protection(0.097) and Sustainability Report(0.096).

Spatial Distributional Characteristics of Wind-Hole and Governance Strategy (풍혈의 공간적 분포 특징과 관리 방안)

  • Kong, Woo-Seok;Yoon, Kwanghee;Kim, Intae;Lee, Youmi;Oh, Seunghwan
    • Journal of Environmental Impact Assessment
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    • v.21 no.3
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    • pp.431-443
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    • 2012
  • Wind holes or air holes, from which cool air blows out during the summer, but mild air comes out during the winter, have provided the phytogeographically important refugia for cryophilous or cold-loving boreal flora during the Holocene period. At present, wind holes are serving as a faraway disjunctive habitat for Pleistocene relict glacial floristic elements, and present an invaluable information to reconstruct the natural history. Present work aims to collate the nationwide distribution and relevant DB on the potential wind holes of Korea based upon media and literature sources, along with geographical informations, such as place name, topographic map, environmental geographical information, flora, monitoring data of Korea National Arboretum, and field survey data. Geographical information on sixty nine wind hole sites have compiled and analyzed on the basis of flora and presence of fossilized periglacial landforms, such as talus, block field, and block stream, and sixteen sites have thereafter carefully selected and scrutinized through field surveys. To maintain a sustainability of wind hole ecosystem, including their original landform, micro-meteorological phenomena and plant community therein as a refugia or habitat for relict plant species of Pleistocene glacial period, appropriate restrictions and preservation measures are required.

Future vision of the Korean society of water and wastewater in water sector (상하수도 미래비젼과 대한상하수도학회의 역할)

  • Kim, Geon-Ha;Hyun, In-Hwan
    • Journal of Korean Society of Water and Wastewater
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    • v.32 no.6
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    • pp.551-557
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    • 2018
  • Since its foundation in September 1986, the Korean Society of Water and Wastewater has made a significant contribution to the water sector in Korea over the past 30 years. The 30th anniversary commemorative committee reviewed the establishment goal of the society and its development strategy for organization and present the "Future Vision of Korean Society of Water and Wastewater" for the next 30 years. The future vision of the society is defined as "Aiming for the healthy life and preservation of the environment through the development of water and wastewater technology and experience". Promotion strategies for implementing the future vision are as follows: 1. Leading water and wastewater technology, 2. Develop water and wastewater policy, 3. Strengthen water and wastewater capacity, 4. Reinforce institutional governance. The driving target to be achieved through the implementation strategy is "To lead the global standards of water and wastewater." We also presented national issue, policy issue, and technical issues in the water sector. Climate change, unified Korea, water safety, and national welfare were selected as national issues related to water and wastewater. This approach was taken from the perspective of policy consumers such as citizens, civil society, experts, and local government/industry. By presenting policy issues and technical issues that address national issues, authors have proposed a future policy direction for the Korean Water and Wastewater Society to make critical contributions to national development.

Ensuring the Quality of Higher Education in the United Kingdom Using Informatization

  • Andreikova, Iryna;Moiseienko, Natalia;Boichuk, Petro;Iliichuk, Liubomyra;Fedchenko, Karina;Bezliudnyi, Oleksandr;Sopivnyk, Ruslan
    • International Journal of Computer Science & Network Security
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    • v.22 no.11
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    • pp.324-330
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    • 2022
  • The United Kingdom is known for the quality of its qualifications. There is a strict quality system with reputable bodies responsible for ensuring that high quality standards are met. In order for new qualifications to be accredited, they must meet all the requirements set out in the regulations for the quality and informatization of Education. The crucial role of the Agency for Quality Assurance of Higher Education (QAA) in the UK for creating high-quality management of higher education institutions is revealed, the influence of informatization tools on its effective mechanism as an independent entity is shown, and positive experience for the educational sector is highlighted. While the universities themselves are responsible for reviewing educational programs at the subject level, the QAA review focuses on verifying internal quality assurance, as well as systems and improvement strategies. The QAA uses a peer review process in which teams mostly consist of academic staff from other institutions to assess the quality of the institution's education. In Scotland, the team also includes an international reviewer. The student is also a member of the Scottish teams. In the UK, attention is paid to providing a cohort of experienced reviewers who can conduct high-quality monitoring and help with advice on improving education. All reviewers must complete training and have permission to participate in the review of educational programs. There are selected committees that are members of the QAA council, each of which is headed by a member of the Council or an independent person approved by the Council. Attention is drawn to the main areas of the QAA's work in the framework of environmental, social and corporate governance.

Defining a Smart Water City and Investigating Global Standards

  • Lee, Jung Hwan;Jang, Su Hyung;Lee, Yu Jin
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.505-505
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    • 2022
  • This study shows the first output of the three-year project (2021-2023) to develop a Smart Water City (SWC) Global Standard and Certification Scheme ley by K-water, International Water Resources Association (IWRA) and Asia Water Council (AWC). There are three major parts in the first year. In Part 1, it investigates the essential features of cities today and details the water challenges currently faced and likely to be confronted in the future. It also investigates the functions that water fulfills in the urban environment, and how ICTs can contribute to improving those functions by each Urban Water Cycle. A definition of a Smart Water City is proposed following a discussion on the meaning of "smart development". This part of the report also presents different city cases from countries around the world to illustrate the urban water challenges and the technological and non-technological solutions that cities have put in place, including national and/or local policies and strategies. In Part 2, it defines what global standards indicators and certification schemes are and identifies their characteristics. Especially, it analyses in detail eight relevant standards and certification schemes measuring sustainable development and/or water resources management in urban settings. Standards elaborated by international organizations are distinguished from those developed by the private sector, non-governmental organizations, and by academia. Finally, this study suggests the right direction to develop SWC global standard frameworks and certification schemes. And then, it shows the main tasks for the Stage 2 (second year) project. Basically, the framework for a future SWC standard (consisting three main pillars: Technical, Governance and Prospective pillars) will be fully defined in Stage 2.

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Results of An Awareness Survey of Local Residents Regarding Biosphere Reserves -A Case Study of the Gwangneung Forest Biosphere Reserve- (생물권보전지역에 대한 지역민 의식조사 연구 -광릉숲 생물권보전지역을 사례로-)

  • Chan-Young Park;Sung-Jin Yeom
    • Journal of Environmental Science International
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    • v.32 no.12
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    • pp.933-941
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    • 2023
  • Since the Industrial Age, economic activities have raised environmental concerns, emphasizing the importance of biodiversity conservation areas. However, a fundamental contradiction exists between conservation and utilization, leading to conflicting interests. In light of these issues, the aim of this study was to propose efficient operational strategies for future urban biodiversity conservation areas, while also promoting local community economic development. Accordingly, the focus was the Gwangneung Forest Biosphere Reserve as a case study. The findings reveal the following. First, all local residents recognize the importance of the biosphere reserve and hold a high regard for its direct role in conservation. Second, developing and promoting brands appears to have a more positive impact on local economic activation than activating projects linked to the biosphere reserve. Simultaneously, local residents have expressed negative evaluations of indiscriminate facility development, fearing reckless expansion. Third, if governance is promoted in the future, community participation will likely increase, leading to a strengthening of conservation awareness and the establishment of a framework among local residents and those in adjacent areas. Findings of this study are expected to serve as fundamental data for establishing effective communication among local residents in protected areas facing similar challenges, thus facilitating efficient decision-making processes.

Development of Product Recommendation System Using MultiSAGE Model and ESG Indicators (MultiSAGE 모델과 ESG 지표를 적용한 상품 추천 시스템 개발)

  • Hyeon-woo Kim;Yong-jun Kim;Gil-sang Yoo
    • Journal of Internet Computing and Services
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    • v.25 no.1
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    • pp.69-78
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    • 2024
  • Recently, consumers have shown an increasing tendency to seek information related to environmental, social, and governance (ESG) aspects in order to choose products with higher social value and environmental friendliness. In this paper, we proposes a product recommendation system applying ESG indicators tailored to the recent consumer trend of value-based consumption, utilizing a model called MultiSAGE that combines GraphSAGE and GAT. To achieve this, ESG rating data for 1,033 companies in 2022 collected from the Korea ESG Standard Institute and actual product data from N companies were transformed into a Heterogeneous Graph format through a data processing pipeline. The MultiSAGE model was then applied in machine learning to implement a recommendation system that, given a specific product, suggests eco-friendly alternatives. The implementation results indicate that consumers can easily compare and purchase products with ESG indicators applied, and it is anticipated that this system will be utilized in recommending products with social value and environmental friendliness.

Study on the Rural Landscape Management System for Preserving Rural Identity -Focusing on the AONBs of England- (농촌다움 보전을 위한 농촌 경관 관리체계의 시사점 -영국의 AONB 제도 사례를 중심으로-)

  • Kim, Do-Eun;Jung, Hae-Joon;Kang, Dong-Jin;Son, Yonghoon
    • Journal of Korean Society of Rural Planning
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    • v.30 no.2
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    • pp.51-68
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    • 2024
  • Since 1949, the UK has implemented a national land planning strategy to sustain rural areas, emphasizing the concept of 'Natural Beauty.' This involves designating "Areas of Outstanding Natural Beauty (AONB)" as a political approach to conserving rural landscapes and fostering a societal consensus on environmental conservation. AONB adopts an integrated and systematic approach to achieve harmony between the environment and human activities. This study investigates the implications of the AONB rural landscape management approach through case studies of the Cotswolds Conservation Board and Cannock Chase Joint Committee. It examines the legislative designation and supporting processes of AONB, analyzing the governance system to clarify the roles of authorities in policy decision-making. AONB's system revolves around joint committees or conservation boards of local authorities responsible for establishing, implementing, and monitoring management plans. The planning process involves a harmonious management plan system reflecting regional demands, including regular forums. AONB serves as a powerful tool for local residents to engage in the development of their region through stewardship. The study suggests that understanding the AONB model could provide a foundation for developing rural landscape conservation and spatial management plans tailored to Korea's context in the future.

An Empirical Study on the Effects of SMEs Competition, ESG Management Activities and Organizational Justice on Job Satisfaction : Focusing on Mediating Effects of Self-efficacy (중소기업의 경쟁력, ESG 경영 활동 및 조직공정성이 직무만족에 미치는 영향에 관한 실증 연구 : 자기효능감의 매개효과를 중심으로)

  • Jun, Se-hoon
    • Journal of Venture Innovation
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    • v.6 no.4
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    • pp.41-62
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    • 2023
  • Given that SME workers are the driving force of national competitiveness and the basis and cornerstone of the industry, it is meaningful to study workers' job satisfaction and the factors that affect job satisfaction. In addition to variables related to corporate competitiveness and organizational justice, this study introduced variables such as environmental(E) activities, social(S) activities, and governance(G) activities, which th national government uses as major management evaluation indicators. Therefore, a literature study and empirical analysis were conducted on how self-efficacy affects job satisfaction when workers are faced with a changed work environment. To conduct this study, 300 copies of data were collected from workers in small and medium-sized enterprises and used for analysis. For data analysis, the SPSS statistical program (Ver. 25.0) was used. The study finds, first, that product or service quality and employee competency among corporate competitiveness had a significant positive(+) effect on job satisfaction. Secondly, among ESG management activities, social(S) activities and governance(G) activities were found to have a significant positive(+) effect on job satisfaction. Third, among organizational justice, distribution justice and procedural justice were found to have a positive(+) effect on job satisfaction. Fourth, self-efficacy was found to mediate the effect of product or service quality, employee competency, social(S) and governance(G) activities among ESG management activities, and procedural justice among organizational justice on job satisfaction. The academic value of this study is that it empirically analyzed the factors that ESG management activities affect workers' jobs,. As a result, it was confirmed that workers were satisfied with their jobs by actively showing interest in social(S) activities and governance(G) activities among ESG management activities and participating in corporate management. In addition, workers sensitive to changes in the external environment can become satisfied with their jobs through self-efficacy when SMEs actively enhance corporate competitiveness, execute ESG management activities, and provide a fair organizational culture. Finally, this study suggests that there's a possibility of improving the competitiveness of SMEs through a virtuous cycle created by a change in perception of job conversion and a decrease in turnover.