• Title/Summary/Keyword: Environmental-social-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.

Governance of Urban Regeneration Policies of Newcastle/Gateshead England (영국 뉴카슬/게이츠헤드의 도시재개발사업에 관한 연구 : 정책 거버넌스를 중심으로)

  • Shin, Dong-Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.1
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    • pp.131-145
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    • 2012
  • During the 1980s and 1990s, most of the old industrial cities of advanced countries have experienced serious de-industrialisation. This has caused many problems, such as economic decline, increasing unemployment, environmental degradation and social unrests. Since the mid-1980s, some of these cities have started to tackle the problems by urban regeneration programs with cultural and artistic activities, new industries, and implementing housing projects. The cities of Newcastle and Gateshead in Northeastern England were the examples of the ones which have created major development projects, such as building condominiums, renovating old factory building, and promoting cultural and art activities. This paper introduces policies and programs of the cities' urban regeneration, analyses their governance structure, and articulates factors contributing to the success of the policies and programs.

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A Study on ESG Management Strategies of Port Enterprises for Sustainable Ports: Focusing on Port Authority (지속가능 항만을 위한 항만기업의 ESG경영전략에 관한 연구: 항만공사를 중심으로)

  • Seo, Mun-Sung
    • Journal of Korea Port Economic Association
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    • v.39 no.4
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    • pp.309-324
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    • 2023
  • Recently, not only has ESG (Environment, Society, Governance) been discussed domestically and internationally intensively, both within companies and at the level of national competitiveness, but also ESG management is seen as a concept that practically implements a new value system for sustainable development of our humankind. As the mandatory disclosure of environmental, social and governance (ESG) is scheduled for 2025, it is a reality that companies are experiencing considerable burdens and difficulties. In recent years, among ESG activities, which are non-financial management performance in the shipping and port industries, environmentally friendly activities are acting as an important indicator for shipping companies. In particular, the National Assembly has enacted laws related to air quality, including ports, and the Ministry of Maritime Affairs and Fisheries is making various support measures and plans to create eco-friendly ports. Accordingly, the purpose of this study is to analyze the current status of ESG reports and suggest related problems and improvement plans for ESG activation.

A Study on ESG Management Strategy for Sustainable Management : Focusing on Samsung Biologics Case (지속가능 성장을 위한 ESG경영전략 : 삼성바이오로직스 사례를 중심으로)

  • Lee Changgi;Kim Sunggun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.19 no.4
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    • pp.179-192
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    • 2023
  • ESG is the hottest topic in recent business management or business administration. In particular, with the release of the IPCC's 6th comprehensive report in 2023, environmental issues have been further raised around the world, and ESG management for sustainable and permanent companies is accelerating by improving social and governance structures, including the environment, and thereby enhancing corporate value. This case study is analyzed based on the theory of sustainable growth, creating shared value, and corporate social responsibility. This study focuses on the case of Samsung Biologics, which is pursuing sustainable growth and management through ESG management. Samsung Biologics is the first Korean company to win the "Terra Carta Seal" award, part of a sustainable market initiative to respond to climate change, and externally, it has acquired the Dow Jones Sustainability Index, acquired the KCGS ESG comprehensive evaluation A grade, acquired the CDP B grade, and acquired the EcoVadis Gold grade. It has joined the Sustainable Market Initiative launched by King Charles III since the World Economic Forum in 2020 to chair the Supply Chain. It has joined RE100, TCFD, and UN Global Compact to lead sustainable management through ESG activities. Therefore, we would like to take a practical approach to ESG management strategies for sustainable growth through the example of this company.

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.

Impact of Nuclear Tests on Deforestation in North Korea using Google Earth-Based Spatial Images

  • Ki, Junghoon;Sung, Minki;Choi, Choongik
    • Journal of People, Plants, and Environment
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    • v.22 no.6
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    • pp.563-573
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    • 2019
  • The North Korean government conducted its first nuclear test in 2006 and more recently the sixth nuclear test on September 3, 2017. In order to identify how North Korea's nuclear tests have affected the environment, a scientific approach is required. Although North Korea's nuclear tests and their environmental destruction are not a severe threat to the environment of the Korean Peninsula at this time, identifying environmental damage and taking countermeasures in advance are essential to minimize their potential threats to the environments. The purpose of this study is to study the environmental impact of North Korea's nuclear tests using Google Earth image analysis. As a method of the study, we compare Google Earth images taken before and after each nuclear test was conducted in North Korea. To overcome limitations of the suggested comparison method, we cross-checked our results with those of previous scientific research. After the 1st-3rd nuclear tests, green spaces were found to be considerably reduced. In particular, when comparing the Google Earth images before and after the second nuclear test, some ground subsidences were observed. Such subsidences can cause tunnels on the mountainsides and cracks in rocks around the mountains, leading to the release of radioactive materials and contaminating groundwater. Besides, after the 4th-6th nuclear tests, decay and deforestation were observed not in the nuclear test sites, but in their surrounding areas. Especially after the 5th and 6th nuclear tests, the topography and the forests of the surrounding areas were severely damaged. In relation to North Korea's nuclear tests and their impact on the natural environment, we need to prepare various policy measures to reduce North Korea's environmental pollution and natural environment destruction. Those policy measures include the establishment of various cooperative governance between the Korean government, the private sector, the academia, NGOs, and international organizations.

Climate change messages in the fashion industry discussed at COP28

  • Yeong-Hyeon Choi;Sangyung Lee
    • The Research Journal of the Costume Culture
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    • v.32 no.4
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    • pp.517-546
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    • 2024
  • The aim of this study is to investigate the fashion industry's response to climate change and how these discussions unfolded at the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). Climate change response projects by B Corp-certified fashion companies are examined, focusing on stakeholder efforts and reviewing online media reports. Text data were collected from web documents, interviews, and op-eds relating to COP28 from December 2018 to April 2024 and analyzed using text mining and semantic network analysis to identify critical keywords and contexts. The analysis revealed that the fashion industry is fulfilling its environmental responsibilities through various strategies, prompting changes in consumer behavior by advocating sustainable consumption, including carbon removal, energy transition, and recycling promotion. Stakeholders in online media and those present at COP28 discussed issues relating to climate change in the fashion industry, focusing on environmental protection, energy, greenhouse gas emissions, sustainable material usage, and social responsibility. Key issues at COP28 included policy and regulation, climate change response, energy transition, carbon emissions management, and environmental, social, and governance (ESG) standards. Additionally, by examining the main collections exhibited at the fashion show during COP28, the study analyzed how messages about climate change were conveyed. Fashion companies communicated the industry's response through exhibitions and fashion shows, suggesting a move toward balancing environmental protection and economic growth through the development of sustainable materials, the expansion of recycling and reuse practices, and the modern reinterpretation of cultural heritage.

Development of ESG Index Scale Tool for Sustainable Management at the University (대학의 지속 가능 경영을 위한 ESG 지수 측정 도구 개발)

  • Kim, Ji-Yun;Cho, Jihoon;Yoo, Jun Hyuk;Yoo, Jiyeon;Lee, Tae Wuk;Kim, Kwihoon
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2022.01a
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    • pp.215-216
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    • 2022
  • 본 논문에서는 대학의 지속 가능 경영을 위한 ESG 지수 측정 도구를 제안한다. ESG는 기업의 가치를 평가하고 투자 의사를 결정하는 중요한 요소로 자리매김하고 있다. 그러나 대학의 ESG 경영에 대한 연구는 현재까지 매우 부족한 상황이다. 이에 본 논문에서는 대학의 지속 가능 경영을 위한 ESG 지수 측정 도구를 개발하고 샘플 데이터를 이용한 활용 예시를 제안하였다.

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Design of an Automatic Waste Recognition System Based on YOLOv5 (YOLOv5 기반의 폐기물 자동인식 시스템 설계)

  • Tae-Woong Shim;Do-Yoon Kim;Jong-In Choi;Kwang-Young Park
    • Annual Conference of KIPS
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    • 2023.05a
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    • pp.558-559
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    • 2023
  • 지구온난화와 기후변화로 인해 전세계적으로 기업, 정부는 ESG(Environmental, Social and Corporate Governance)에 관심을 가지고 있다. 이에 따라 폐기물 분류 및 재활용에도 관심을 가지고 있지만 국내 외 폐기물 분류는 정확하게 이루어 지지 않고 있다. 이에 본 논문에서는 객체 인식의 대표 모델인 YOLOv5 를 이용해 폐기물 중 대표인 페트병 탐지 시스템을 제안한다. 제안하는 시스템은 페트병 사이 다른 폐기물을 감지해 내고 페트병 중 유색과 투명 페트병을 분류를 한다. 향후, 제안하는 시스템의 성능 평가가 필요하고 다른 폐기물로 확장이 필요하다.

Evaluation of durability performance for maintenance of tunnel structures due to repeated freezing and thawing

  • Jai-Wook An;Joon-Shik Moon;Hong-Kyoon Kim
    • Geomechanics and Engineering
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    • v.38 no.6
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    • pp.593-601
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    • 2024
  • In this paper, the quantitative evaluation method is presented for the durability performance of mountain tunnel concrete linings experiencing freezing and thawing during winter season. To analyze the freeze-thaw characteristics of lining, the freezing time of the concrete lining was measured by the outside temperature. The heat flow analysis was conducted based on the freezing time measured through the indoor experiment, and based on this, the energy required to freeze the concrete lining by the temperature of the outside air could be analyzed. In addition, the temperature change during the winter season was measured through an instrument installed on the actual tunnel concrete lining, and based on the results of indoor and field experiments, criteria for freeze-thaw environment evaluation and progress evaluation were prepared. Also, an equation using the freezing index was proposed through regression analysis.