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Dr. Mark Whitaker Develops New Models for Achieving Material Sustainability
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TS Students Intern at Korea Joongang Daily
Three undergraduates learned the journalistic trade at their internship at Joongang Daily. This is the kind of hands-on project experience that our students get at SUNY Korea. All students and professors associated with SUNY Korea are in boldface below. [Journalism Internship] ESG could be more than an investment philosophy https://koreajoongangdaily.joins.com/2021/11/26/englishStudy/journalism%20internship/SUNY2021-ESG-could-be-more-than-an-investment-philosophy/20211126111658485.html News reposted below: Consumers want to see change, not just a passing trend “I do not want to buy products that may harm the environment or ignore workers’ labor,” said university student Jung Hye-won. Jung isn’t the only one. Consumers today are increasingly interested and willing to purchase from companies that create social value. This leads companies to adapt so-called ESG management systems to bring new changes into consumer behavior. ESG stands for environmental, social and governance. It’s industry jargon, but has quickly become a buzzword in Korea. These three components serve as a tool to assess how sustainable or ethically responsible a company is in the long run for investors. Although ESG is a non-financial performance standard, it is a valuable criterion for measuring company performance for investors. Investors can set standards in accordance with ESG principles to assess how future-proof a company is. The environment section measures how well a company contributes to the environment. Companies are expected to deal with issues like biodiversity, climate change and cutting carbon emissions. By doing so, companies can save energy and operational costs as well as appeal to consumers. For social aspects, companies focus on areas such as customer satisfaction and human rights. This leads to employee satisfaction, increases in social integrity and stronger relationships among community members. Lastly, board composition and executive compensation are areas that decide how a company structures its governance. A successful governance framework can formulate positive relationships with investors and increase government support and financial aid. The three standards represent a shift in investment philosophy. In the late 20th century, investors looked for companies that would generate profits. In recent years, however, reports have begun to support the idea that there are financial benefits of backing ethical and responsible companies in the long run. This led to the United Nations officially coining the term ESG in 2004 and develop several investment initiatives. A recent joint conference hosted by the Federation of Korean Industries invited 60 executives from companies like Samyang Holdings and Hanwha General Chemical to discuss the importance of ESG management and its future values. Korean conglomerate Posco has already announced that its steel will be produced using hydrogen instead of coal. Hyundai Motor Group plans to invest 1 trillion won ($875 billion) into environmentally friendly fuel and technology. A college student surnamed Koo said he favors automobile company Volvo because of their safety philosophy. The automaker’s advertising campaigns have boasted about its all-electronic production, contributing to Koo’s trust in the brand. Although his first priority may be quality, Koo is willing to reconsider decisions if a company gets involved in seriously unethical issues. Sira Maliphol, an assistant professor in the Department of Technology and Society at SUNY Korea, says that ESG management is certain to be a long-run trend. “ESG management is not something that is going to stop,” Maliphol said. He explained that increasing consumers’ demand for social responsibility and tackling environmental problems makes companies continue improving their governance, even if the corporations do not know how big the impact of ESG management is going to be yet. There are also those who haven’t heard of the issues but are still positive about the message that ESG delivers. Younger consumers have already been applying many of the ESG standards to their consumption patterns, taking a greater interest in environmental and ethical concerns in particular. A sophomore surnamed Lee remembers hearing about a taxi service company run by deaf taxi drivers. After hearing the CEO’s philosophy and attempts to offer opportunities to a marginalized group of people, Lee immediately felt more interested in the business. Still, some skeptical voices doubt whether these trends are enough to bring about actual change. Data analytics consultant Kwon doesn’t really follow the ESG trend, even though she acknowledges the change is needed. Kwon says there is a danger of people just unconsciously following trends without actually understanding or addressing the principles behind consumer behaviors. Anthony Pennings, a professor in the department of technology and society at SUNY Korea, pointed out the impact of social media and public relations on ESG management trends, with some brands capitalizing on its popularity to sell products. He says that corporations’ ESG campaigns and policies are spread through social media and the news, and consumers, who are now following the trend for ESG management, are influenced by the exposure, not by the original ESG index. Pennings concluded that consumers should make sure to get their news from credible sources to avoid being caught by the PR campaigns. BY CHOO SI-EUN, JOO YEON-SOO AND YOO DONG-YEON [sieun.choo@stonybrook.edu, yeonsoo.joo@stonybrook.edu, dongyeon.yoo@stonybrook.edu]
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2021-12-10
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249
TS Online Forum on ICT for (Sustainable) Development
This is a great opportunity to interact with six DTS professors who teach and research in the area of ICT4D. - Event: DTS Online Forum on ICT for (Sustainable) Development - Speaker: Dr. Sangchan Park, Dr. James Larson, Dr. Suzana Brown, Dr. Sira Maliphol, Dr. Jinsang Lee, and Dr. Mark Whitaker - Date: November 8th (Mon), 2021 - Time: 5 PM - 6:20 PM - Venue: Online Zoom @ https://stonybrook.zoom.us/j/96862266374?pwd=MTloSi8rS0FMTm1RcmlwOGxhSGVSUT09 - - Meeting ID: 968 6226 6374 - Passcode: 120872
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Registration Date
2021-11-08
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271
December 17, 2019
After Korea's government presented on Day 2 of United Nations Office for Disaster Risk Reduction's Forum on technology in Disaster Risk Reduction, Dr. Larson was discussant of 3 more disaster managers of Indonesia, Mongolia & Philippines. Panel Mod. on Sendai capacity building, Sarah Wade-Apicella, Program Officer, UNDRR ONEA & GETI.
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Administrator
Registration Date
2019-12-17
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166
November 8, 2019
Dr. Whitaker's keynote address entitled "From Smart Cities to Smart Regions" presented at International Conference on the Smart City & Future of Human Community co-organized by Gwangmyeong City, Friedrich Naumann Foundation for Freedom and Hybrid Future Culture Institute. Watch the full keynote address here: https://www.youtube.com/watch?v=9G9yXwafTjM
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Administrator
Registration Date
2019-11-08
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58
October 21, 2019
DTS’s Chair, Dr. Stokes, was discussant of three papers at Session B.4 “Technology and Innovation,” at the Global Green Growth Institute Conference on Achieving Global Energy Transformation.
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Administrator
Registration Date
2019-10-21
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58
October 20, 2019
Two DTS faculty invited as discussants to the Global Green Growth Institute conference, part of Global Green Growth Week. DTS Chair Dr. Stokes was invited for Oct. 22, and Dr. Whitaker was invited for Oct. 21. Ex-United Nations Secretary, General Ban-Ki Moon is the GGGI President.
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Administrator
Registration Date
2019-10-20
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61
October 19, 2019
In Kerala, India at #TENCON 2019, DTS's Dr. Suzana Brown presented her paper "Enhancing Performance of Crutches in Challenging Environments Proposing an Alternative Design and Assessing the Expected Impact" in the Humanitarian Activities Track within #IEEE.
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Administrator
Registration Date
2019-10-19
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58
October 17, 2019
From October 17-20, 2019, DTS's Dr. Suzana Brown attended and presented at TENCON, the premier international technical conference of IEEE Region 10. The theme for 2019 was "Technology, Knowledge, and Society." On October 20, 2019 in Kerala, India, Dr. Brown presented her paper "Enhancing Performance of Crutches in Challenging Environments: Proposing an Alternative Design and Assessing the Expected Impact" in the Humanitarian Activities Track within IEEE*. For more information about TENCON, check out their website here: http://tencon2018.org/ *Institute of Electrical and Electronics Engineers (IEEE)
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Registration Date
2019-10-17
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64
October 16, 2019
In Kerala, India, DTS's Dr. Suzana Brown attended and presented at #TENCON, the premier international technical conference of #IEEE Region 10. The theme for 2019 was "Technology, Knowledge, and Society."
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Administrator
Registration Date
2019-10-16
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70
October 11, 2019
DTS had a faculty retreat at Nest Hotel on island of Incheon Int'l Airport near #SUNYKorea in Songdo, Incheon. Among other topics, we came to some conclusions about how to have good public messaging about the uniqueness of our department. http //ts.sunykorea.ac.kr
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Administrator
Registration Date
2019-10-11
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55
October 11, 2019
On DTS's faculty retreat, our Leading Professor Dr. Young Geun Lee (center), involved in Korean Gov't's master plan of Incheon Int'l Airport, hosts us at a private level of the airport's observatory to explain history and future plans for this world class airport.
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2019-10-11
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52
September 30, 2019
#ITU Interviews Dr. James Larson, [then the] VP for Academic Affairs, [and still] Chair, Dept. of Technology & Society, of #SUNYKorea; Dr. Larson invited for 2 weeks to collaborate on research/publishing @ ITU Headquarters in Geneva, Switzerland; https //www.youtube.com/watch?v=7WSQHdFsaE4 7 min video for inline into DTS website
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Administrator
Registration Date
2019-09-30
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62
September 12, 2019
Dr. Whitaker used an #ErasmusPlus Grant training mobility to visit the Institute of Political Studies in #Opole Univ., Poland. This is 3rd academic collaboration between our 2 universities & departments. Pics Drs. Czepil, Whitaker, & Opioła--in beautiful Opole.
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Registration Date
2019-09-12
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52
September 9, 2019
At Inst. of Pol. Studies, Opole Univ., Poland, Dr. Whitaker presents "Media Regimes & Political Dynamics Throughout History". Video The Polish side is continuing the collaboration on another route than smart cities, with an interest in translating SUNY Korea’s MATU survey (Mobile Addiction and Time Use) into Polish for use in Poland. This would make three countries (Korea, USA ,and Poland) using the same survey in ongoing international collaboration on researching the dynamics of mobile addiction. https //youtube.com/watch?v=2up7XP0mW7o He emphasizes how quickly saturated mobile ICT networks ("Regime 7") change socialization then politics.
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Administrator
Registration Date
2019-09-09
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57
June 1, 2019
DTS's Dr. Whitaker & alumna Youjin Lee judged at Techstars Startup Weekend 2019, org. by Dr. Chihmao Hsieh, Dir., Global Center for Entrepreneurship; theme "Sustainable Fashion Innovation" in collab. w/#FIT,#SUNYKorea http //sunykorea.ac.kr/sk/sunykorea/132 http //communities.techstars.com/south-korea/songdo--incheon-south-korea/startup-weekend/14727
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Administrator
Registration Date
2019-06-01
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71
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