기업의 지속 가능성 확보를 위한 ESG 경영의 법적 리스크 검토

In the modern capitalist society, ethical consumption behavior, which favors good companies that value social values and boycotts companies that conduct immoral or illegal business activities, is now settling as a natural consumption culture. The concept of ESG is starting from the need for a new indicator to evaluate the sustainability of a company as well as the need for companies to manage non-financial risks as the demand for corporate social responsibility spreads. Conventional corporate management focused on financial management and focused on business activities. However, as they experienced tail risks such as the recent COVID-19 pandemic, awareness of non-financial risks has increased. As the importance of these non-financial factors increases, companies are absolutely required to have practical management strategies for ESG management that include non-financial risks at the enterprise-wide risk management level. ESG risk issues that companies will consider here range from physical risks such as climate change to supply chain, corporate reputation and regulation. For various ESG risks, it is necessary to prioritize and manage non-financial risks that are important to the company in consideration of the company's business model and internal and external environment. In addition, it is important to secure procedural fairness and social legitimacy throughout the entire business process for ESG management to secure corporate sustainability. Now, companies pursuing ESG management must understand the supply chain mechanism that directly or indirectly affects ESG management activities. And it is the time when ESG risk management, which establishes a holistic management strategy that understands various interactions with stakeholders and market participants surrounding the company, is necessary.