Sports Promotion Corporation Subsidiary Signs Agreement to Lead Implementation of ESG Management

Jul 09, 2025

Sports Promotion Corporation Subsidiary Signs Agreement to Lead Implementation of ESG Management



The Seoul Olympic Memorial National Sports Promotion Foundation has signed a three-way business agreement with its subsidiaries Korea Sports Industry Development Co., Ltd. and Korea Sports Leisure Co., Ltd. to lead the management of public institutions ESG.

At the business agreement ceremony held at the Olympic Hall in Seoul on the 9th, Ha Hyung-joo, chairman of the Korea Sports Industry Development Corporation, Shin Chi-yong, CEO of Korea Sports Industry Development, and Park Yong-chul, CEO of Korea Sports and Leisure, confirmed the firm's commitment to the management of ESG and promised active mutual cooperation for sustainable development.

Under the agreement, the three organizations will actively cooperate in environmental management practice (E), social responsibility implementation (S), and transparent governance (G) based on their resources and professional capabilities, and push for various tasks across ESG, including realizing carbon neutrality, protecting stakeholder human rights, and practicing anti-corruption and integrity.




In particular, this agreement was an opportunity to lay the foundation for ESG management and strengthen the willingness to perform transparent work for the stable settlement of the sports promotion voting rights project following the launch of Korea Sports Leisure on the 1st.

Chairman Ha said "Starting today, I hope that the parent company and its subsidiaries will work together to fulfill their social responsibilities and create a sustainable future through sports."We will continue to establish a system for establishing ESG management within the institution in the future."

Meanwhile, with this agreement, the Sports Corporation will continue to collaborate to come up with concrete measures to revitalize the management of ESG by the three organizations.






This article was translated by Naver AI translator.