Lotte Duty Free Supports Partners' ESG Efforts for Fourth Straight Year, Contributes KRW 50 Million to Mutual Cooperation Fund

Customized ESG training and consulting for up to 10 small and medium-sized partner companies
Expands mutual cooperation, including support for sustainability report publication

Lotte Duty Free said on October 13 that it had signed a business agreement with the Foundation for Cooperation between Large and Small Businesses, Agriculture and Fisheries for the "2026 ESG Support Program for Partner Companies."

Since becoming the first company in the duty-free industry to participate in the program in 2023, Lotte Duty Free has supported efforts to strengthen the ESG management capabilities of its small and medium-sized partner companies for four consecutive years.

This year, Lotte Duty Free will contribute KRW 50 million to a fund for mutual cooperation and provide ESG training and customized consulting to up to 10 partner companies. It will also support the publication of sustainability reports for existing participating companies that wish to produce them.

Lotte Duty Free Supports ESG Management at Small and Medium-Sized Partner Companies for Fourth Consecutive Year. Lotte Duty Free

Companies that demonstrate a high rate of compliance with ESG indicators after consulting will receive an "ESG Excellent Small and Medium-Sized Enterprise Certificate." Certificate holders can receive benefits including preferential interest rates on bank loans and extra points when applying for overseas expansion support programs.

Lotte Duty Free also runs a range of shared-growth programs, including a KRW 50 billion mutual cooperation fund, staffing support for small and medium-sized enterprises, and assistance with advertising and expanding sales channels. In recognition of these achievements, it received the "Outstanding" rating for the second consecutive year in the Fair Trade Commission's assessment of compliance with fair trade agreements.

"Now in its fourth year, our ESG support program for partner companies is helping small and medium-sized partners strengthen their ESG management capabilities and build self-sustaining businesses," said Kim Dong-ha, CEO of Lotte Duty Free. "We will continue to expand mutual cooperation programs that help strengthen our partners' competitiveness and foster a culture of shared growth."

This content was produced with the assistance of AI translation services.