By Dr. Dong-Soo Hur,
Chairman of the KBCSD
at the 2007 Annual General Meeting of CBCSD
April 16th 2007, Kempinski Hotel, Beijing
Honorable Mr. Wang Jiming,
Executive President of CBCSD,
Wang Jiming Honorable Mr. Jiang Weiming,
Deputy Executive President of CBCSD,
Respectable Mr. Marcel Engel,
Representative of the President of WBCSD,
Respectable Mr. Renaud Meyer,
Deputy Resident Representative of UNDP China,
Esteemed Board Members and
Representatives of CBCSD,
Dignitaries from the government
and international organizations,
Ladies and Gentlemen,
In my capacity as the Secretary-General of the KBCSD,
I am pleased and honored to convey to you
the congratulatory address of Dr. Dong-soo Hur,
who is the Chairman of the KBCSD
and the Chairman/CEO of GS Caltex Corporation.
Chairman Hur has asked me to express
his deepest regrets for his absence today,
due to an unavoidable and pressing commitment.
The following is the message of the greetings and
best wishes from the Chairman :
I am very grateful to CBCSD
for kindly granting me the honor
of addressing the distinguished audience
assembled here today.
Allow me first to congratulate CBCSD
on the noble milestone achieved to date,
which constitutes China’s clear testimony of its strong commitment to fulfilling its
stated sustainable development objectives.
1 / 15
KBCSD holds in common
these very values and objectives
that have motivated each individual member of CBCSD.
stand willing to assist you in your future endeavors. Excellencies,
Ladies and Gentlemen,
The business community today
is confronting ever-daunting sustainability challenges, and the need for action is truly compelling.
This year’s World Economic Forum held in Davos
is a clear manifestation of how significantly the perception of sustainability,
as held by global CEOs, have shifted.
Sustainability is no longer viewed as a mere optional path, but is recognized as an imperative to enhance both the business value and profitability.
2 / 15
The nexus between sustainability and corporate value
is also well evidenced in Korea.
According to recent research,
out of the 100 largest Korean companies in the 1950s,
ranked in terms of total sales,
only 7 companies currently remain in this top group.
What is more surprising is the significant decrease
in the average life expectancy of Korean companies.
It has dropped to 23.9 years, mainly as a result of
growth-oriented, unsustainable business practices.
In response to such alarming signals and
in conjunction with the worldwide trend,
33 forward-looking CEOs of leading Korean
enterprises joined forces in 2002 to establish KBCSD.
Since its inception,
KBCSD has served as the leading business advocate,
disseminating sustainability concepts
across a wide range of industries.
It has also implemented various social projects
3 / 15
and voluntary action plans
for environmental protection.
Ladies and Gentlemen,
This year marks the 15th anniversary of the establishment of diplomatic relations
between China and Korea.
China has emerged as Korea’s largest trading partner while Korea has grown to China’s third largest partner, with the bilateral trade volume showing a 20-fold
increase over the past 15 years.
In his recent interview,
the Chinese Premier Wen Jiabao emphasized
the need to enhance Sino-Korean cooperation
particularly pertaining to the environment,
greater energy efficiency and clean technologies.
4 / 15
It is in the context of these priorities that the role of CBCSD and KBCSD takes on
even greater importance.
As an outgrowth of common aspirations
to enhance exchanges and cooperation
and to realize reciprocal and win-win outcomes, the China and Korea BCSD
took a meaningful step forward last year.
Both sides at the working-level agreed
that a cooperative framework,
perhaps in the form of Memorandum of Understanding between the two BCSDs,
be put into place in order to
expedite concerted actions
in the field of sustainable development. Member companies of KBCSD
identified potential collaboration with CBCSD in such areas as technology cooperation on the reuse of industrial sewage and waste water and joint research on measures to mitigate fine dust.
5 / 15
KBCSD members have also expressed interest in joint action against desertification and yellow dust as well as on the abatement of GHG emissions, just to name a few.
Today’s Beijing Annual General Meeting
as a fresh impetus,
and following the ensuing consultations,
it is my earnest wish that
the two BCSDs will make strides
in deepening mutual understanding
and eventually come to terms
in establishing areas of possible collaboration.
The success of the cooperative framework
will depend on a high level of commitment by the board members of each BCSD.
6 / 15
Having said that,
a senior-level dialogue between the two BCSDs
could serve as an effective channel
in determining common matters of interest
to both parties.
let me once again reiterate KBCSD’s gratitude for the kind invitation to take part in the AGM.
As we commemorate the 15
th anniversary of Sino-Korean diplomatic amity,
I wish the year 2007 will also be remembered
as a landmark year for
long-term CBCSD-KBCSD relations.
Thank you for your kind attention. <End>
7 / 15