자연 자본 공시 기반 ESG 경영 고도화 연구: 글로벌 사례 비교를 통한 국내 적용 전략

From the perspective of ESG management, there is limited research on the concept and disclosure of natural capital. In this study, we recognized the importance of natural capital and the need for research, and conducted a comparative analysis of cases of Forico in Australia and Dongwon Industries in Korea, both of which conduct natural capital disclosures. Through comparative analysis with advanced cases, Korean companies recognize the need for a systematic natural capital disclosure system, but actual implementation remains inadequate. The observed differences between the two companies demonstrate that the strategic importance of natural capital stems not only from differences in internal corporate capabilities and guidelines, but also from differences in the roles of government and financial institutions. This study, based on the results of existing case studies, structures the roles of corporations, governments, and financial institutions and presents a basic framework and strategic direction for natural capital accounting. This study suggests the roles of the government and financial institutions in strengthening risk management through the disclosure of corporate natural capital information. The government should develop natural capital information disclosure measures and establish related infrastructure, while financial institutions should clarify and utilize the concept of natural capital. Given that research on natural capital is still in its infancy and its practical applications are very limited and inadequate, this study expands natural capital research and enhances its practical applicability by proposing the need for a natural capital disclosure system and the roles of various economic participants within the institutional environment.