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Date : 2016.08.01 Author : 관리자 Views : 214
UN Pact Helps Businesses Address Common Challenges - The Korea Times Nam Seung-woo, 57, is arguably one of the busiest businessmen here since he holds five posts as well as working as CEO of Pulmuone Holdings, a leading provider of healthful food products. His latest role is as the representative of the U.N. Global Compact (UNGC) Korea Network, aimed at implementing principles regarding human rights, labor, the environment and anti-corruption. He assumed the post in September 2007. Nam, however, humbly said that he was just a "substitute" for the chief post. "Actually, Moon Kook-hyun, former lawmaker of the Renewal of Korea Party, was supposed to lead the network, but he entered politics. So, I was a fill-in," he said in a recent interview with The Korea Times. He was the perfect one to fill in for Moon, former CEO of staple product maker Yuhan-Kimberly, because he has been working for several organizations keeping similar spirits of the UNGC. "I just happened to be recommended by a board of directors because I was doing similar things." Since 2005, he has been serving as co-chairman of the Peter F. Drucker Society of Korea and as chairman of Meerae Forum discussing social issues....
Date : 2015.10.19 Author : 관리자 Views : 60
Ethics is back in business, where the general notion of defining right or wrong is seen as the future of capitalism, Georg Kell, executive director of the United Nations Global Compact Office, said Wednesday. "The so-called global financial crisis has been painful for everyone but has given us momentum to think about where we are and what we have been doing," Kell said in an interview with The Korea Times, which was held between sessions of the Business for Environment (B4E) Summit in southern Seoul. "We, especially business leaders, came to admit the vulnerability of the market and the fact that bubbles burst at some point. They have noticed that finance itself cannot create any value and have acknowledged that something sustainable and credible is needed in order to maintain the life that we have had," he said. The financial analyst suggested ethical management as their newest focus. "Human rights, the environment, transparency and credibility are rapidly replacing evaluation criteria in looking at a business. They have become the main powerhouse in sustainable development and management for the future alongside good leadership and diligence." Kell's organization has been taking the lead in designing the next step for capitalism. Established...
Date : 2015.10.19 Author : 관리자 Views : 64
'Korea ready to share anti-corruption experience' Kim Young-ran, left, chairwoman of the Anti-Corruption and Civil Rights Commission (ACRC), stands beside U.N. Secretary General Ban Ki-moon at the headquarters of the United Nations in New York on March 2. Kim requested the U.N.’s support for the Korean government’s anti-corruption initiatives. / Courtesy of the ACRC By Lee Tae-hoon The chief of the nation’s anti-corruption watchdog expressed a strong determination to share the success of Korea’s transparency drive with the international community on a recent trip overseas. Kim Young-ran, chairwoman of the Anti-Corruption and Civil Rights Commission (ACRC), visited anti-corruption agencies in Washington, New York, and Hong Kong from Feb. 27 through March 6 to promote Korea’s anti-corruption policies. ACRC chief Kim held “fruitful talks” with U.N. Secretary General Ban Ki-moon at the headquarters of the United Nations in New York on March 2, according to officials of the ACRC’s public relations office. They say the two held in-depth discussions on Korea’s ongoing efforts to root out irregularities, including the integrity assessment of senior government officials, and its resolve to share the ACRC’s experience and expertise with other U.N. members, The ACRC chairwoman showed a strong interest in offering Korea’s anti-corruption education...
Date : 2015.10.19 Author : 관리자 Views : 53
Companies that are ethical and comply with the law end up lasting longer and doing more for the society, said Royanne Doi, corporate chief ethics officer at Prudential Financial. In an interview with the Korea JoongAng Daily on Tuesday, Doi shared her belief that it is her role to help not only employees but also people around the world - potential customers - make better life decisions. “Greedy companies can make profits in the short run,” Doi said. “But we also know that greedy companies can potentially cause tremendous harm.” She was referring to the destruction in world markets left in the wake of the subprime mortgage crisis five years ago. “What I would say for Korea and for Asia in general is that corruption is not free and what we know about bad ethics is that there’s sometimes a price that a country has to pay,” she said. “Corruption costs us a lot. When there’s more trust in the economy, there’s more economic activity.” Doi, vice president at Prudential Financial, was in town this week to attend the two-day Global CSR Conference organized jointly by the United Nations Global Compact Korea Network and the Ethics and Compliance Officer Association...
Date : 2015.10.19 Author : 관리자 Views : 61
What's the ideal management strategy for a corporation these days? Increasingly, it involves some level of social responsibility, with an eye on helping to solve the world's problems. [WATCH VIDEO]
Date : 2015.10.19 Author : 관리자 Views : 64
Earning profits used to be the sole yardstick by which a company was measured, and how it measured itself. But these days, a company is also judged by their social consciousness and how they chip in to fight against injustices throughout the world. [WATCH VIDEO]
Date : 2015.10.19 Author : 관리자 Views : 68