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Diagnosis of Current Response Status and Study of Implications through Analyzing ESG Management Cases of SMEs
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중소기업의 ESG경영 사례를 통한 대응 현황 진단 및 시사점 연구

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Type
Academic journal
Author
Kyung Il Khoe (백석대학교)
Journal
한국경영컨설팅학회 경영컨설팅연구 경영컨설팅연구 제23권 제1호 KCI Accredited Journals
Published
2023.2
Pages
297 - 304 (8page)

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Diagnosis of Current Response Status and Study of Implications through Analyzing ESG Management Cases of SMEs
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Abstract· Keywords

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ESG is a combination of the words environment, society, and governance, but the hidden keywords are corporate sustainability, corporate value, and non-financial performance indicators. In the past, corporate value has been mainly evaluated by quantitative indicators such as financial statements, but the importance of non-financial values ​​such as ESG has recently increased as the global climate change crisis and the COVID-19 pandemic have gone through. As the term 'sustainability', which is closely related to ESG, means, ESG can be said to be a factor that has a mid- to long-term impact on corporate value. Under the global paradigm shift to emphasize environmental and social values, ESG is establishing itself as a core value directly related to the long-term survival and prosperity of SMEs. SMEs have no choice but to engage in ESG management in order to respond to future ESG demands from their customers, and most SMEs are already aware of the importance of ESG management for business survival and maintenance of trading volume. As such, the demand for ESG management for SMEs is no longer an option, but an essential task. Therefore, this study is aimed at diagnosing the current response status of SMEs to these ESG demands and examining domestic cases to derive future tasks for SMEs and at the same time to derive necessary implications for establishing response strategies. Through this, we will examine need for SME ESG management, the challenges facing ESG management of SMEs, and the support policies and strategic directions for solving the challenges.

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