NAVER CEO Choi Soo-yeon Appointed to UN Global Compact Board
Choi Soo-yeon, the dynamic CEO of NAVER Corporation, has been recognized for her impactful leadership in global discussions focused on developing safe and responsible AI technologies. Her appointment to the board of the United Nations Global Compact marks a significant milestone in her career and demonstrates her commitment to promoting ethical standards in the fast-evolving tech landscape.
Significance of the UN Global Compact
The UN Global Compact stands as the world’s largest voluntary corporate citizenship initiative, uniting over 25,000 organizations across 167 countries. Launched in 2000, this initiative emphasizes ten fundamental principles related to human rights, labor, environment, and anti-corruption. Through these principles, the UN Global Compact supports companies in practicing responsible management to achieve sustainable growth.
Choi Soo-yeon’s Vision for AI Governance
CEO Choi's leadership has been instrumental in fostering international collaboration for "AI governance." Her efforts aim to establish ethical and responsible guidelines during all stages of AI technology development. Recently, she participated in the AI Action Summit, where global leaders convened in Paris to discuss the future trajectory of AI. Here, she articulated NAVER's strategy to ensure diversity and inclusivity in the digital ecosystem, aligning with global standards for AI development.
NAVER’s Commitment to Sustainable AI Practices
This year, NAVER unveiled its AI Safety Framework (ASF), which systematically identifies and manages potential risks associated with AI systems. This framework is a foundational aspect of NAVER's ongoing commitment to ethical AI development that prioritizes user safety and social impact.
Support for Startups and Local Communities
Recognizing the importance of innovation, CEO Choi has established NAVER Ventures in Silicon Valley. This initiative focuses on cultivating a collaborative ecosystem by identifying and backing promising startups from diverse backgrounds. Furthermore, through the launch of NAVER Impact in 2024, she has reaffirmed her pledge to pursue sustainable growth alongside local communities and small to medium-sized enterprises (SMEs).
Recognition for Leadership
Sanda Ojiambo, the CEO and Executive Director of the UN Global Compact, praised CEO Choi, noting that her extensive expertise will significantly aid the UN’s efforts to advance Sustainable Development Goals (SDGs). Ojiambo expressed enthusiasm for Choi’s contributions to mobilizing businesses towards achieving a sustainable future while upholding responsible business practices.
Lee Dong-Kurn, President of the UN Global Compact Network in Korea, also expressed excitement over Choi’s recent appointment. He highlighted that she is the first Korean to join the board in 17 years, expressing optimism that NAVER will continue to play a vital role in establishing a sustainable management framework on the global stage.
Upcoming Engagements
In her new role, CEO Choi is set to partake in the next meeting of the UN Global Compact Board at the UN headquarters in New York. Her presence at this crucial gathering signifies NAVER’s commitment to engaging in critical transnational dialogues on ethical governance in AI.
About NAVER Corporation
Founded in 1999, NAVER has risen to become Korea's leading internet company and ranks among the top tech firms worldwide. As the operator of Korea's number one search engine, NAVER maintains a diverse portfolio in commerce, fintech, cloud services, AI, and robotics. In 2024, NAVER reported sales of KRW 10.74 trillion (USD 7.5 billion) and is continually expanding its global footprint in markets such as Japan, North America, and Europe. By prioritizing innovation through research and development, NAVER solidifies its position as a leader in the technology sector.
Frequently Asked Questions
What is the UN Global Compact?
The UN Global Compact is a voluntary initiative aimed at promoting ethical business practices among companies by encouraging responsible management aligned with ten universal principles.
What role will Choi Soo-yeon play on the board?
Choi will engage in regular board meetings, contributing to discussions focused on ethical AI governance and the Sustainable Development Goals.
How does NAVER's AI Safety Framework work?
NAVER's AI Safety Framework identifies and mitigates risks associated with AI technologies, promoting safe and responsible usage.
What initiatives has NAVER launched to support startups?
NAVER Ventures focuses on supporting diverse startups, fostering a collaborative ecosystem that promotes innovation and growth.
Why is Choi's appointment significant?
This appointment marks an important recognition of Choi's leadership and her role as the first Korean board member in 17 years, showcasing NAVER's commitment to global standards in business.
