The second-hand market and partner's programme were held as part of ESG management activities. (Image/ Consumerwide DB)

[Consumerwide_Hayoung Chang Reporter/Yohan Bok Reporter] The second-hand market and partner's programme were held by businesses aiming for shared growth. Korea Exchange (KRX) is hosting the KRX ESG Market for shared development and the environment in the local area. The profit is used to support ageing out of foster care. Mustit is facilitating the Mustit Partner's Programme campaign for sellers. The programme supports areas with stresses from multiple directions along with a 3 billion scale (KRW) of finance.

The KRX is hosting the TRX ESG Market in the area where Seoul headquarters are located between 11th and 13th. The event is designed as a part of the ESG management project, and the market shares the value of environmental protection through resource circulation, which involves 500 pieces of second-hand items donated by KRX staff and executives. 100% of the profit from the "Beautiful Store" sale is planned to support young adults who are ageing out of foster care. 30 social businesses and small businesses participate in the event. The project is aimed at achieving both shared development and eco-friendly practices in local society through the activity of selling items with upcycling themes.

Mustit, the online luxury platform, is facilitating the Mustit Partner's Programme campaign for sellers, which has been a part of their ESG management practice since their September announcement. The Mustit Partner's Programme began to support a small scale of sellers who are having an uneasy time due to the constant price rises and changing exchange rates of luxury brands. The programme is divided into three sectors, which are Sales Partner to support promotion, Invest Partner for financial support, and Logistics Partner for fulfilment support. The Invest Partner has a total of 3 billion won, which is the largest scale in the luxury platform industry. The Sales Partner supports sales consulting, ads, coupons, and promotion, and the Invest Partner supports financially rental or direct purchase, depending on the scale of the product. Logistics Partner provides services including temperature and humidity-controlled warehouses, utilisation of ERP, and providing final inspection videos based on the fulfilment capacity of Mustit.

 

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