• Title/Summary/Keyword: ESG necessity

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A Study on tne Necessity of Using ESG to Prevent Accidents in the Chemical Industry (화학산업 사고 예방을 위한 ESG 활용 필요성 연구)

  • Cheolhee Yoon;Leesu Kim;Seungho Jung;Keun-won Lee
    • Journal of the Society of Disaster Information
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    • v.19 no.4
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    • pp.826-833
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    • 2023
  • Purpose: We suggest the need to utilize ESG in the safety field to prevent serious industrial accidents. Method: The Serious Accident Punishment Act, a strong serious accident prevention system, was reviewed through a review of previous research. And through comparative analysis of serious accident data from the United States and Korea, the main causes of accidents in the domestic chemical industry were derived. Result: It was determined that there was a need to induce voluntary safety management by companies through ESG management along with the Serious Accident Punishment Act, which aims to prevent corporate accidents. Through statistical analysis of accident data, it was confirmed that the scale of damage and number of deaths in domestic accidents was greater than in the United States. The reason was interpreted to be that there are many accidents caused by human causes in the country. Conclusion: In order to compensate for the lack of voluntariness in corporate safety management as well as the Serious Accident Punishment Act and encourage active safety management, the proportion of 'ESG safety evaluation' must be expanded. By using ESG as an indirect social sanction, we can expect companies to voluntarily and actively manage safety and expand safety investments in the safety field.

ESG Variables Selection for Container Port Using WNA (워드네트워크 분석을 활용한 컨테이너부두 ESG 변수 선정)

  • Shin, Jong-Bum;Kim, Kyung-Tae;Kim, Hyun-Deok
    • Journal of Korea Port Economic Association
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    • v.39 no.2
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    • pp.15-23
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    • 2023
  • In a situation where the necessity and importance of ESG management is increasing recently, it is judged that selecting important ESG-related variables for container terminals, which are the bases of export and import logistics, among various variables of ESG evaluation agencies will help to establish ESG management strategies for container terminals which led us to proceed with this study. The results of word network analysis are summarized as follows. The weighed degree, that is, the AWD of Environmental management(E) variables, is obtained in the order of Environmental Protection Investment(54), Environmental Awareness Education(45), Work Team Structure(31), Environmental certification(32). Page Ranks, the order of centrality and connectivity index is Environmental Awareness Education(0.0765), Employee Engagement(0.0765), Environmental Protection Investment(0.0761), Work Team Composition(0.0761), and Environmental certification(0.0761). The AWD(Average Weighed Degree) of the Social Responsibility Management(S) variables, followed by Protecting workers' human rights and contributing to local communities(68), Safety Education(63), Safety certification(59), and Responding to infectious diseases(40). Orders by Page Ranks, centrality and connectivity Index, are Protecting workers' human rights and contributing to local communities(0.165), Safety Education(0.153), Safety Certification(0.144) and Responding to infectious diseases(0.102). The AWD of Governance and Ethical management(G) variables, followed by Anti-corruption(27), Transparent management(24), Mutual cooperation between stakeholders(19), and Sustainability reporting(9). Page Ranks, the order of centrality and connectivity index is the Anti Corruption(0.241), Transparent management(0.216), Mutual cooperation between stakeholders(0.174), Directors' roles and responsibilities(0.105), Shareholder protection(0.097) and Sustainability Report(0.096).

Study of Necessity of Advanced Integrated Digital Engineering and Management Tools (선진통합형 디지털 엔지니어링 및 경영 도구의 필요성 연구)

  • Luke (Yang Ouk) Kim;Kyung Ho Lee
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.36 no.1
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    • pp.27-38
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    • 2023
  • How the port, shipping, shipbuilding, and vender industries in Korea can have a seamless value chain through their digitally smooth cooperation by applying the latest information and communications technology through the "4th industrial revolution" was examined. Also considered was the proposition that the value chain should be a smart, seamless value chain among industries with successful hyperconnection. Their cooperative relationships were defined, and the crucial elements for the sustainable development of these industries were considered. As a result, the direction for achieving environmental, social, and governance management by realizing decarbonization through today's digitalization could be studied. In particular, the importance of digitization as a way to respond to the future market from the perspective of small and medium-sized enterprises and the role of digitization realized by small and medium-sized equipment companies in the overall industry were examined. The results simultaneously show the state of linkage between industries and the reason why the value chain must maintain a smooth relationship. In addition, using the lessons learned from recent failure cases from the Korean shipbuilding industry as a cornerstone, the direction for creating a strategic pathway for intelligent connection was investigated.

An Analysis of Shipping Industry Awareness and Its Implications (해운산업의 인지도 분석과 인식 제고 방안)

  • Lee, Tae-Hwee;So, Ae-Rim
    • Journal of Korea Port Economic Association
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    • v.37 no.4
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    • pp.41-50
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    • 2021
  • This study investigated what the general public thinks about the shipping industry and how important it is. As a result of the study, more than half of the respondents answered that they knew a little about the shipping industry or that they were normally knew about the shipping industry. Regarding the necessity of budget input to prevent bankruptcy of national shipping companies, it was found that more than half of the respondents answered that it was necessary or moderate. Regarding the necessity of maintaining a national shipping companies, 53% of respondents said it was necessary, and 23% of respondetns said it was normal. However, when asked if they thought that maintaining a national shipping companies would benefit me and my family, 39% of respondetns answered "normal" and 28% of respondetns answered "mostly". As for the cause of Hanjin Shipping's bankruptcy, 49% of respondents said that the owners' family members were immoral and incompetent, and 17.4% of respondetns said that the shipping market conditions deteriorated. Regarding the necessity of fostering the shipping industry, foreign currency acquisition and service balance improvement through export of shipping services accounted for 43.5%, and smooth transportation of import and export cargo accounted for 36.5%. When asked what kind of damage I suffered from Hajin Shipping's bankruptcy, 54.6% answered other (not much), and 14.5% said inflation. Abouve these results, this study gave implication in terms of public promotion and transparent business management.

A Study on the GHG Scope 3 Emissions Management Status of the Companies Through CDP Comparative Analysis (CDP 비교 분석을 통한 기업의 GHG Scope 3 배출관리 현황 연구)

  • Sungah Yoon;Hong-Kwan Kim;Young-Woo Chon
    • Journal of the Society of Disaster Information
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    • v.19 no.3
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    • pp.554-561
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    • 2023
  • Purpose: To urge the necessity of disclosure by identifying the relationship between the disclosure status of greenhouse gas emissions from domestic business sites and other indirect emissions to total emissions. Method: The 2021 emission data disclosed in the Carbon Disclosure Project (CDP) was collected by industry and emission category for comparative analysis. Result: The more companies that calculated and disclosed emissions by category within Scope 3, the more active they were in responding to or disclosing evaluation factors other than disclosure of emissions, and those companies were able to obtain higher grades in CDP and ESG evaluations. The number of Scope 3 calculations and disclosures was found to be high. In addition, there was a significant difference in the correlation between the number of Scope 3 disclosures by industry and the share of each scope out of the total in some manufacturing industries. Conclusion: As the number of Scope 3 disclosures, corporate ratings, and total emissions are proportional, it was confirmed that the higher the number of Scope 3 disclosures and GHG emissions, the higher the level of Scope 3 management. Based on Scope 3 emissions calculation and disclosure, effective emissions management and reduction activities are required.