Gyeonggi Province Selects 13 'Righteous Companies' for 2020 Promoting Social Values

[Suwon Ilbo=Park No-hun] Gyeonggi Province has finally selected 13 companies as '2020 Gyeonggi Province Righteous Companies' that have made efforts to realize corporate social values including contribution to local economic development, ethical management, and social contribution.

The 'Gyeonggi Province Righteous Company Certification Project' is an initiative that the province has been implementing since 2015 to realize corporate social values and foster a sound corporate culture.

Until last year, the province had awarded righteous company honors to a total of 63 companies, and certifies and supports approximately 13 companies annually.

The province recruited candidate companies through a call for applications in May and selected certified companies in October through a three-stage process: first-stage document evaluation, second-stage on-site inspection, and a final review committee composed of provincial lawmakers and private experts.

The certification award ceremony scheduled for this month was canceled in consideration of the COVID-19 situation.

Righteous companies are selected from among businesses that have operated within the province for more than three years, divided into two categories: small and medium-sized enterprises and social economy organizations.

Evaluation is conducted based on eight indicators including integrity, fairness, social contribution, consumer protection, eco-friendly management, employee satisfaction, contribution to local economy, and labor-management partnership culture. This year's selection went through a competitive ratio of 4.3:1.

Ten companies were selected in the small and medium-sized enterprise category: ▲Coco Door Co., Ltd. (Jung Yeon-jae) ▲Irom Co., Ltd. (Kim Sang-min) ▲Future Company Co., Ltd. (Kim Jun-gu) ▲Luxnine Co., Ltd. (Kim In-ho) ▲Korea Virus Center Co., Ltd. (Jung Kyung-mo) ▲A-Tech Co., Ltd. (Han Ga-jin) ▲Shiu Co., Ltd. (Kim Kyou-jong) ▲HSC Co., Ltd. (Lee Young-keun) ▲CJ K Alliance Co., Ltd. (Kim Sang-wook) ▲Agricultural Company Namyang Food Co., Ltd. (Shin Do-chul)

In the social economy organization category, three organizations were selected: ▲Wings of Happiness Co., Ltd. (Jeon Myung-ho·Lee Eun-ju) ▲A.Ruda Expressive Arts Psychology Counselor Cooperative (Kim Mi-sun) ▲Craft Culture Association (Lee Sun-hwa)

Selected companies will be granted the 'Gyeonggi Province Righteous Company' certification plaque and trademark usage rights for three years, and are expected to receive 10 million won per company for product marketing breakthrough costs for homepage, catalog, and prototype development.

Kim Ji-ye, Director of the Fair Trade Bureau, stated, "The realization of social values through contribution to regional development along with corporate profit-seeking is an essential element for implementing a fair society," and added, "We will make active efforts to ensure that sound corporate culture spreads widely throughout the province, including support for selected companies."