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Over half of Korean corporations have now implemented sustainability practices, according to a survey of business professionals in the country.
Fifty five per cent of respondents to the CSR survey said their organization has sustainability initiatives in place, while two thirds said the issue has become more important since the economic crisis.
The Korean research firm SolAbility, which conducted the poll, also found that a portfolio of the most sustainable Korean companies had outperformed the Korean stock index by more than 200 per cent since 2002.
Given the momentum reported in CSR following the global recession, 98 per cent of Korean professionals say they expect their company to have fully implemented sustainability management practices by 2014.
Fifty five per cent of respondents to the CSR survey said their organization has sustainability initiatives in place, while two thirds said the issue has become more important since the economic crisis.
The Korean research firm SolAbility, which conducted the poll, also found that a portfolio of the most sustainable Korean companies had outperformed the Korean stock index by more than 200 per cent since 2002.
Given the momentum reported in CSR following the global recession, 98 per cent of Korean professionals say they expect their company to have fully implemented sustainability management practices by 2014.
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