re:start21

Future Economy and Corporations: Case of POSCO ESG Management

The second seminar of RE:START 21 Future and Humanity on Future Economy and Corporations: Case of POSCO ESG Management took place on the 23rd of September, at 3 pm in the POSCO Center in Gangnam, Seoul with more than 130  participants. RE:START 21 is a series of seminars co-organized by Friedrich Naumann Foundation for Freedom and POSCO TJ Park Foundation. Students from Asia and Germany come together to jointly learn and discuss arising changes and challenges compelled by the COVID-19 pandemic.

The program was in a hybrid format and moderated by Dr. Kim In Suk from the Science and Technology Policy Institute who actively engaged with the audience by turning the seminar into a lively discussion subsequently to the presentation. The lecture was given by Dr. Kim Young Geun from POSCO Corporate Citizenship Office, Strategy Group on Environmental, Social, and Governance (thereafter ESG) Management.  At the end, a Q&A session enabled the participants to share their opinions and ask questions. Due to the chosen hybrid format, participants who joined the seminar online via zoom were able to engage in the Q&A in addition to those who were in the audience present at the POSCO center. 

The seminar dealt with the future economy and present changes in companies. The purpose of purely profit-orientated business has been outdated and a paradigm shift has occurred in business, society, and the people. Companies have been taken up their responsibility toward society by considering corporate social responsibility and creating shared values. This diversified and globalized approach is crucial given the challenging business environment because of the COVID-19 pandemic, the climate crisis, and the fourth industrial revolution. This seminar thus pointed out the necessity to adapt companies' missions to include corporate citizenship to maintain an attractive and successful future employer.

The last seminar of the RE:START 21 on Coexistence with Robots: Future, Technology and Humans will take place on the 7th of October, at 3 pm on zoom.