The Study for Establishing ESG Management Plans for Government-Funded Institutions in Jeju Special Self-Governing Province

The government has recently heightened its focus on ESG (Environmental, Social, and Governance), presenting the leadership in ESG management of public institutions and the activation of ESG investment in the public sector as its two main pillars. In particular, there is a growing demand for linking regional public benefit projects of local government-funded institutions with ESG. Accordingly, this study reviewed the 2023 ESG management promotion plans of Jeju Special Self-Governing Province's government-funded institutions and conducted text mining analysis. The study also examined the K-ESG guidelines to select key items for ESG management evaluation. The text mining analysis results revealed that the commonly emphasized words in the ESG management plans of Jeju's government-funded institutions include sustainability, carbon neutrality, and renewable energy in the Environmental (E) category; communication, responsibility, and co munity in the Social (S) category; and transparent management, fairness, and integrity in the Governance (G) category. Additionally, an AHP (Analytic Hierarchy Process) survey was conducted with experts and practitioners and sub-elements were extracted. The results indicated that among the major categories of ESG management for Jeju's government-funded institutions, the Environmental (E) sector has the highest priority. Within the medium categories, personnel and organizational management and eco-friendly practices have high priorities. Finally, in the sub-categories, green investment capacity, zero waste performance, and the appropriateness of performance management were identified as having high priorities.