On Thursday, April 20, 2023, AustCham Korea was pleased to host a special webinar with ERM Korea and POSCO Holdings, titled ‘ESG – Global Trends and Implications for Business in Korea,’ and moderated by Helen Oh, Trade and Investment Commissioner at Austrade (Seoul).

Companies are increasingly recognising the importance of ESG issues and incorporating ESG considerations into their strategies and operations. This is driven by a range of factors, including regulatory requirements, stakeholder expectations and the growing recognition of the business benefits of sustainability and responsible business practices.

With two-way investment only set to expand between Australia and Korea, investors are increasingly using ESG criteria to evaluate companies and make investment decisions. There is growing recognition that companies with strong ESG practices are often better positioned to manage risks and capitalise on opportunities, whilst also having a stronger likelihood of being able to deliver sustainable long-term financial performance.

We would like to thank our expert speakers from ERM, Mark Watson (Country Managing Partner), POSCO Holdings, Sung-Hyun Cheon (Head of ESG), and Helen Oh, Austrade (Trade and Investment Commissioner & Counsellor, Commercial) for their time and insights.