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Philosophy of Win-Win Growth

Background

It has become established practice in recent years to use Corporate Social Responsibility (CSR) as an index determining corporate sustainability.

ndeed, there is an international standard for sustainability due to come out soon. Having already recognized the importance of cooperative relationships with subcontractors, POSCO E&C has implemented activities for shared growth with SMEs enterprise-wide. In December 2007, POSCO E&C organized the Mutual Cooperation Team to reinforce win-win cooperation with SMEs and, in February 2011, it reorganized and expanded the team into a Win-Win Growth Group.

To march and grow together as a cooperative companion, POSCO E&C has been implementing various activities, including benefit sharing, financial support, product development under purchase, SME job training and win-win growth supporters for SMEs.