For mutual growth through coexistence cooperation, Dongbu Corporation sets coexistence, cooperation,
and fairness as key values and is seeking to promote coexistence cooperation with partners and the establishment of a fair-trade culture.
In order to promote and establish fair and transparent subcontract transactions through stricter observance of subcontract laws
and to prevent violations of law, Dongbu Corporation established our own unique checklist to prevent violations of subcontract laws, and it is operated in all subcontracts.
In order to promote mutual growth thorough coexistence cooperation with partners, Dongbu Corporation is proceeding with various activities through mutual growth programs related to education, finance, management, and ESG. We will continue to make strenuous efforts to operate broad and various programs to establish sustainable supply chains.
| Division | Financial supports | Education supports | Management consulting supports | ESG management supports |
|---|---|---|---|---|
| Beneficiary partners | 195companies | 187companies | 16companies | 16companies |
Education
In order to provide opportunities of education about construction practices and laws related to construction to employees of about 200 companies 2-3 times a year, Dongbu Cooperation is supporting mutual cooperation education hosted by CAK.
Finance
In order to promote mutual growth with partners, Dongbu Cooperation provides a certain amount in coexistence cooperation funds to Foundation for Agriculture and Fishery Cooperation of Small and Large Companies each year to support partners.
Management
Dongbu Corporation is providing customized consulting services to improve partners’ credit ratings by hiring credit rating agencies and promoting the growth of partners and strengthening competitiveness.
ESG
Dongbu Corporation is providing ESG education and customized consulting services to partners by hiring credit rating agencies and making efforts to allow partners of small companies to participate in ESG management.
Dongbu Corporation is continuously participating in mutual cooperation assessments which evaluate the degree of mutual cooperation between small and large construction companies for mutual growth and promotion of mutual cooperation between small and large companies, the mutual growth index assessment which is the index to evaluate the mutual growth level of a large company, and fair trade agreement implementation assessments which evaluate the degrees of implementation after fair trade agreement conclusions between large and small companies.
| Assessment Year | Mutual cooperation assessment | Mutual growth index assessment | Fair trade agreement implementation assessment |
|---|---|---|---|
| 2021 | ≥ 95 points | Excellent | Best |
| 2020 | ≥ 95 points | Excellent | Best |
| 2019 | ≥ 95 points | Excellent | Excellent |
※ Performance in 2022 will be presented in June-September in 2023
Dongbu Corporation continues to do all it can to create a culture of mutual cooperation with partners,
and to establish a culture of fair trade in the construction industries. We won the award from the Fair-Trade Commission Chairman for such efforts.