Text Mining Analysis of ESG Management Reports in South Korea: Comparison With Sustainable Development Goals

Abstract

The essential value of sustainability has warranted firms to disclose their environmental, social, and governance (ESG) visions. We conducted a significant data analysis using text mining to assess Korean companies’ ESG perceptions in accordance with the 17 Sustainable Development Goals (SDGs) suggested by the United Nations. Bigram frequency, term frequency–inverse document frequency, semantic network, and convergence of iteration correlation analyses were performed in this study. The results indicate that Korean companies focus on consumer protection, especially digital human rights. However, efforts toward global partnerships, as emphasized by the SDGs, were not apparent. These results suggest important ESG values for countries advancing toward the Fourth Industrial Revolution, which will ultimately contribute to global cooperation and sustainable development.

The Moderating Role of ESG Administration on the Relationship between Tourism Activities and Carbon Emissions: A Case Study of Basic Local Governments in South Korea

“…From the perspective of public local governments responsible for managing tourist destinations, the adoption of ESG administrative policies-emphasizing responsibility, equity, environmental friendliness, and sustainability-is anticipated to mitigate the environmental degradation caused by tourism activities. In South Korea, this policy direction has become increasingly pronounced in recent years, suggesting a potential uptrend in its effectiveness [42,43].…”

“…Empirical evidence from prior research indicates that carbon emissions are expected to be positively influenced by tourism activities [14][15][16][17][18], such as shopping [51][52][53], accommodation [54][55][56], food and beverage [57][58][59], and recreation [60][61][62]. It has also been proposed that the ESG administrative framework could intervene in the relationship between tourism activities and carbon emissions, suggesting that the greater the ESG administrative power of local governments, the more effectively carbon emissions induced by tourism activities will be mitigated [42,43,[68][69][70][71][72]. Furthermore, as for improving the precision of the findings, this study dealt with essential control variables, such as infection safety [78][79][80][81], atmospheric pollution [83][84][85][86], tourism development [88][89][90][91], income level [95][96][97], green space [98][99][100], and local population [101,…”

“…For instance, in New Zealand, the implementation of strict environmental regulations for sustainable tourism has led to a significant reduction in the environmental footprint of the tourism industry [41]. In South Korea, ESG has emerged as a focal issue receiving considerable attention in academia, business management, and public policy [42,43]. Above all, South Korea possesses diverse tourism resources, rendering the tourism industry a vital economic asset [44].…”