Sustainable Development and ESG Governance at the Regional Level in Korea

Seongmin Seo
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Seongmin Seo: Korea Institute for Industrial Economics and Trade

No 23, Industrial Economic Review from Korea Institute for Industrial Economics and Trade

Abstract: To promote Environmental, Social, and Governance (ESG) management in the private sector, the Korean central government is implementing support policies to enhance the overall ESG performance of domestic firms. These policies are based on the guidelines of the Korean Sustainable Development Goals (K-SDGs)and aligned with the national Fourth Basic Plan for sustainable Development.

At the local level, municipalities are pursuing policies to improve regional ESG by establishing relevant administrative governance structures. ESG strategies are rapidly diversifying at all levels of government.

This study focuses on the regional perspective, examining the current status and performance of ESG at the local level, and describing the implications carried by this analysis for strengthening ESG practices in the regional context.

Keywords: regional economics; regional development; regional industry; ESG; Sustainable Development Goals; SDGs; Korean Sustainable Development Goals; K-SDGs; balanced regional development; ESG policy; environm (search for similar items in EconPapers)
JEL-codes: G38 O18 R11 R50 R51 R58 (search for similar items in EconPapers)
Pages: 13
Date: 2025-08-31
New Economics Papers: this item is included in nep-sea
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Published in KIET Industrial Economic Review Vol. 30, No. 4, pp-7-19

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