ESG disclosure push puts crisis management in focus for listed firms

As the government promotes a plan to make ESG disclosure mandatory in stages for domestic listed companies by 2028, experts advise that ESG management should be used as a key crisis management strategy in the climate crisis era. ESG disclosure is a system that requires companies to transparently provide market information related to the environment, social responsibility and governance. If mandatory disclosure expands, listed companies will need to manage and disclose related information more systematically. As a result, ESG is drawing attention not only as a response to evaluation demands but also as a management tool to reduce climate risks and business uncertainty. Source: mk.co.kr