Hong Seung-hyun, head of POSCO’s shared growth group, introduced ‘POSCO’s shared growth activities’ at the ‘K-Entrepreneurship Global Forum (ICSB Conference)’ at the 12 International Council of Small and Medium Business World Congress (ICSB World Congress) held at the Kimdaejung Convention Center in Gwangju on the 2023th.
Group President Hong Seung-hyun explained in detail the background and concept of the corporate citizenship declaration, the direction of ‘Together With POSCO’, POSCO’s eight major shared growth programs, and the supply chain ESG due diligence plan.
Group Chairman Hong said, “Corporate citizenship means that a company has a sense of citizenship and will fulfill its role and responsibility as a member of society.” He added, “POSCO’s corporate citizenship involves transacting together, growing together, protecting the environment, creating the future, and becoming a company that works together with the region.” “It contains the will to do it,” he said.
The ‘Big Picture’ of POSCO’s shared growth was also discussed. Group Chairman Hong said, “We aim to build a world-class supply chain in the steel industry, similar to Germany’s automobile ‘supply chain’. He added, “Fostering supplier companies like Bosch is the goal of POSCO’s shared growth.”
Group President Hong Seung-hyun said, “POSCO has contributed greatly to the spread of the culture of shared growth throughout the industry.” He added, “We are operating eight programs for shared growth centered on operational directions such as strengthening the supply chain, responding to strengthening ESG, and expanding the entire value chain.” He said.
△Performance Sharing System △Smartization Capability Strengthening △1st and 2nd Payment Debit System △Steel ESG Win-Win Fund △Corporate Citizen Friends △For You Dream Job Matching △Win-Win Growth Support Group △Venture Development are the eight major programs promoted by POSCO.
Finally, Group Chairman Hong emphasized, “POSCO believes and practices win-win cooperation with small and medium-sized businesses as the path to becoming a sustainable enterprise,” and added, “We will do our best in shared growth activities with small and medium-sized businesses to strengthen Korea’s industrial ecosystem.” did.
Meanwhile, this forum was co-hosted by the Small and Medium Venture Business Research Institute and the Small and Medium Venture Business Policy Society and sponsored by the Ministry of SMEs and Startups. The conference was planned to provide the latest information and insights to businesspeople and citizens by introducing the meaning, future direction, and overseas cases of entrepreneurship.