Samsung·LG·Hyundai Motor·Lotte emphasize’response to change’
SK, Hyosung, POSCO, and Hanwha emphasize the importance of ESG management

Eui-sun Eui-sun, Chairman of Hyundai Motor Group (left) and Kwang-mo Koo, Chairman of LG Group[사진=현대자동차그룹]
[데일리동방] Heads of domestic groups are emphasizing’response to change’ and’ESG (environment, society, governance)’ in 2021. This means that there will be various technological and industrial changes this year following last year, and ESG management stances, including eco-friendliness, will become more and more important.
According to the business community on the 4th, the heads of groups such as LG and Hyundai Motors announced their New Year’s greetings one after another and delivered their commitment to executives and employees this year.
New Year’s New Year’s Address Keywords can be broadly divided into’response to change’ and’ESG’.
◆Need to change to prepare for the new era
The representative person who emphasized change through the New Year’s speech is Eui-sun Eui-sun, chairman of Hyundai Motor Group.
Chairman Chung said in his first New Year’s address since his inauguration in October last year, “2021 should be the year when the’great transformation into a new growth engine’ takes place.”
Chairman Chung continued, “In the post-corona era, as social values and lifestyles that are different from the existing ones will spread, only companies that have prepared for change will survive and grow.” He emphasized, “We must prepare ourselves to become the first mover in a new era.”
LG Group Chairman Koo Kwang-mo emphasized that it is necessary to focus on’customer change’ among various changes.
“People’s lifestyle is becoming more personalized and consumption patterns are changing much faster,” said Koo. “We need to understand customers more closely and find aspirations in their hearts to inspire customers.”
Shin Dong-bin, chairman of Lotte Group, who had suffered from sluggish last year, also made “coping with crisis and change” as the key point of the New Year’s speech.
Chairman Shin said, “Let’s prepare a countermeasure against risk factors that have been overlooked so far based on our accumulated capabilities. We need a prepared attitude to respond immediately when the economy regains vitality and an active and voluntary attitude to lead the economic recovery.” “Do” he emphasized.
Samsung Electronics Vice Chairman Lee Jae-yong, who did not release a New Year’s speech, revealed his vision for’New Samsung’ by attending a ceremony for bringing in foundry facilities at the Pyeongtaek plant as his first business move in the new year.
Vice Chairman Lee said, “Let’s take a leap forward as a new Samsung in the new year of 2021. Together, we can open up the future. Let’s cooperate with Samsung Electronics and partners, academics, and research institutes to create a healthy ecosystem and create a myth in system semiconductors.” said.

[4일 이재용 삼성전자 부회장(왼쪽에서 두번째)이 평택 3공장 건설현장을 점검하고 있다. 사진=삼성전자 제공]
◆Company’s role in fulfilling social responsibilities
SK Group Chairman Tae-won Choi is the representative of the New Year’s speech that emphasized ESG management.
Chairman Taewon Choi said, “It was not only because we were good at SK that we were able to grow in the way it is, but because of the opportunities and support that the society has allowed,” he said. “We were clumsy and insufficient in returning the benefits and encouragement received by the company. I came to rethink the role,” he said.
In particular, Chairman Choi said, “Catastrophes such as climate change and pandemic destroy the weakest places in society first. Companies can no longer be free from these problems.” I think it’s time to need’entrepreneurship’.’
POSCO Group Chairman Choi Jeong-woo also said, “As the social demand for ESG management of companies grows more and more, it is the time when our corporate citizenship management philosophy becomes more important.”
Hanwha Group Chairman Kim Seung-yeon also said, “As a responsible member of society, it is Hanwha’s path to take the lead in overcoming the crisis and lead a new paradigm of sustainable management.” “Strengthening ESG management to increase sustainability and spur environmental management as a leader in the field of renewable energy. “You have to apply” he stressed.
Hyosung Chairman Cho Hyun-joon also said that he should fulfill his social responsibilities through his new year address.
Chairman Cho explained, “It is the trust and love of customers that support a company in any era and in any society. To achieve this, Hyosung must fulfill its role and responsibility in society and become the most reliable brand.” .
Chairman Cho also said, “Let’s lead Hyosung to be loved and trusted by the people by leading environmental protection, integrity management, and transparent management, and pursuing shared growth with business partners.”
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