Yonsei Business Research Institute

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Research Center

YSB Center for Global ESG and Business Ethics

The Center plans to run, among others, the following activities:

  • A multidisciplinary research seminar series on business ethics and ESG
  • Organizing an International Annual symposium
  • Hosting round table discussions and events with socially remarkable corporate leaders
  • Collaborating with other international organizations and business ethics centers
2021.12.14. ¡¸ESG Standards for SMEs¡¹
Date: 2021-12-14  |  Read: 113

Prof. Jiyoon Lee of the Center contributed to K-BIZ News on December 14, 2021 under the theme of “ESG Standards of Small and Medium-Sized Enterprises Should Be Different from Large Enterprises." In the article, Professor Lee said, "The ESG-related standards for SMEs should be different from those of large companies. Above all, ESG of SMEs should be carried out in a way that does not hinder short-term performance. ESG management to alleviate social polarization should not lead to polarization between large companies and SMEs. In addition, small and medium-sized companies should be given time to acquire ESG management skills and policy support should be provided." SMEs should discover and address ESG issues linked to them, keeping in mind that ESG can be a new growth engine.


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