Corporate sustainability refers to a business approach that emphasizes the need for corporations to demonstrate socially-aware behavior, including the establishment of a green environmental strategy, transparency in the social, cultural, economic environment, and so forth. Thus the term can be seen as an evolution of terms such as “corporate social responsibility,” commonly used to describe ethical corporate practices.
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▲ Students listening to the conference at Supex Hall. Photographed by Byun Bo Kyung.
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Asia’s fast-growing economy is greatly linked with commitments of businesses in the area for sustainable development. As a result, the Asian Business Center at Korea University (KU) and the Academy of Business in Society (ABIS) joined together to host a conference on this issue. The Global Conference on the Role of Corporate Sustainability in Asia’s Development was hosted over the course of two days starting from November 29, at the Supex Hall of the LG-POSCO building at the KU Business School. ), the aim of the conference was to discuss current challenges of corporate sustainability and share the best practices of sustainability strategies that have contributed to the development of Asia. The conference also included a discussion of sustainability strategies that could be further applied to expand impact in Asia. Presenters from diverse countries such as China and India came to share their experiences and concerns for the future of corporate sustainability in the Asian continent.