A Plan to Vitalize ESG Management of Public Institutions in Gyeonggi Province
Year2023
Author Kim Tae-hyeong
Original
Abstract
At the level of local public institutions, the significance of ESG management is emphasized as an innovative tool and a measure to enhance private cooperation. As of November 2023, metropolitan governments have enacted 15 ordinances, and local governments have enacted 34 ordinances to support and promote ESG management. Against this environmental background, this study examined changes in ESG management-related indicators by analyzing the reorganization trend of management evaluation indicators within Gyeonggi-do public institutions. A survey of 28 Gyeonggi-do public institutions was conducted to assess the current status of ESG management and identify operational limitations.
Additionally, we gathered opinions regarding the restructuring of Gyeonggi-do’s management evaluation indicators to enhance ESG management through expert surveys and interviews. We propose strategies for vitalizing ESG management across short-term, mid-term, and long-term perspectives.
In order to revitalize ESG management, it is essential to offer incentives to exceptional sector-specific institutions. This initiative aims to enable public institutions in Gyeonggi-do, demonstrating exceptional performance in specific environmental, social, and governance aspects, to receive positive evaluations within their management assessments.
In addition, public institutions exhibiting outstanding performance in individual ESG field could provide consultancy services to those encountering challenges in promoting ESG management. Through collaborative exchanges, they can revitalize ESG management by discovering pathways for enhancement, performance improvements, and transforming challenges into opportunities for advancement. Finally, leveraging the G+ policy platform, a policy research consultancy for public institutions in Gyeonggi-do, is crucial. This involves facilitating inter-institutional exchanges and cooperation by disseminating ESG management guidelines, sharing best practices, and developing and sharing their own educational materials.
Regarding Gyeonggi-do Province, it is essential to foster an environment wherein public institutions within the province can establish and implement a stable, long-term ESG management strategy system. This entails ensuring the sustainability of ESG management-related evaluation indicators and maintaining the continuity of these indicators.
Additionally, we gathered opinions regarding the restructuring of Gyeonggi-do’s management evaluation indicators to enhance ESG management through expert surveys and interviews. We propose strategies for vitalizing ESG management across short-term, mid-term, and long-term perspectives.
In order to revitalize ESG management, it is essential to offer incentives to exceptional sector-specific institutions. This initiative aims to enable public institutions in Gyeonggi-do, demonstrating exceptional performance in specific environmental, social, and governance aspects, to receive positive evaluations within their management assessments.
In addition, public institutions exhibiting outstanding performance in individual ESG field could provide consultancy services to those encountering challenges in promoting ESG management. Through collaborative exchanges, they can revitalize ESG management by discovering pathways for enhancement, performance improvements, and transforming challenges into opportunities for advancement. Finally, leveraging the G+ policy platform, a policy research consultancy for public institutions in Gyeonggi-do, is crucial. This involves facilitating inter-institutional exchanges and cooperation by disseminating ESG management guidelines, sharing best practices, and developing and sharing their own educational materials.
Regarding Gyeonggi-do Province, it is essential to foster an environment wherein public institutions within the province can establish and implement a stable, long-term ESG management strategy system. This entails ensuring the sustainability of ESG management-related evaluation indicators and maintaining the continuity of these indicators.
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