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, ...

... critical factor that will determine the future success of batterymakers in the European market will be how effectively they can respond to the EU Battery Regulation (EUBR) Environmental, Social, and Governance (ESG) requirements. Thanks for reading this abstract. For the complete report on the prospects of Korean batterymakers in the European market and the implications of the EUBR, click the download link above

... positive impact on the performance of Korean firms. However, one concern is that the Trump administration is likely to change the direction of battery policy in the U.S. Second, the study finds that strengthening ESG competitiveness is crucial for maintaining Korean battery industry’s competitive advantage as the EU Battery Regulation comes into effect in 2023. Lastly, recent downturn in the global battery industry ...