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Archive by category Sustainability

Samsung Aims to Use 100 pct Recycled Plastics in All Its Mobile Phones by 2050

Samsung Aims to Use 100 pct Recycled Plastics in All Its Mobile Phones by 2050

SEOUL, Feb. 13 (Korea Bizwire) — Samsung Electronics Co. said Monday it aims to broaden the use of eco-conscious materials to all its smartphone products in the coming years. The world’s largest smartphone maker said it plans to use recycled plastic materials in all its new flagship Galaxy smartphones and stop using plastics in packaging [...]

Samsung Speeds Up Eco-Friendly Management Strategy

Samsung Speeds Up Eco-Friendly Management Strategy

SEOUL, Jan. 30 (Korea Bizwire) — Samsung Electronics Co. is accelerating the implementation of an eco-friendly management strategy by establishing a section dedicated to so-called “low-carbon” meals at its in-house restaurant and launching a “PC Off” initiative. According to industry sources, the global tech giant is scheduled to launch “PlanEat Choice,” a dedicated section for [...]

300 Won in Cashable Points to be Provided for Every Cafe Beverage Bought in Reusable Cups

300 Won in Cashable Points to be Provided for Every Cafe Beverage Bought in Reusable Cups

SEOUL, Jan. 22 (Korea Bizwire) — Consumers will be given 300 won (US$0.24) in cashable points for every beverage they buy in a reusable cup at cafes, the environment ministry said Sunday, in a new waste-reduction program. Under the program, the 300-won “carbon neutrality” points will be paid when consumers buy a beverage either in [...]

Disposable Vaping Devices Wreak Havoc On Our Global Ecosystem

Disposable Vaping Devices Wreak Havoc On Our Global Ecosystem

TAMPA, Fla., Jan. 17 (Korea Bizwire) — Not only are disposable vaping devices fueling the world’s ongoing youth vaping epidemic, these single-use plastic e-cigarettes are responsible for the growing, exorbitant amount of toxic waste plaguing our earth. As if it isn’t harmful enough that disposable vape products are purposely targeting our youth with brightly colored [...]

SK Signs Partnership with UAE Sovereign Wealth Fund on Carbon Credits

SK Signs Partnership with UAE Sovereign Wealth Fund on Carbon Credits

SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s SK Group said Monday it has signed a partnership deal with the sovereign wealth fund of the United Arab Emirates (UAE) to establish a carbon credit market in Asia, as part of efforts to tackle climate change in the private sector. SK Group Chairman Chey Tae-won signed [...]

Gov’t to Impose 150.9 Billion-won Fine on Hyundai Oil Bank for Toxic Discharge

Gov’t to Impose 150.9 Billion-won Fine on Hyundai Oil Bank for Toxic Discharge

SEOUL, Jan. 6 (Korea Bizwire) — The government plans to slap a 150.9 billion-won (US$118.9 million) fine on the country’s leading refinery, Hyundai Oil Bank Corp., for discharging wastewater with unsafe levels of toxic materials, officials said Friday. The fine is around 1 percent of the company’s annual sales and is the largest amount ever [...]

Environment Ministry Distributes Experience Program Manuals for Zoos

Environment Ministry Distributes Experience Program Manuals for Zoos

SEOUL, Jan. 2 (Korea Bizwire) — The Ministry of Environment has distributed an educational and experience program manual for the exhibition of animals at zoos to municipal governments and zoos across the country. The exemplary cases of the manual indicate that the programs should be halted if visitors do not comply with control or if [...]

SK hynix Sets Up Sustainability Reporting System

SK hynix Sets Up Sustainability Reporting System

SEOUL, Dec. 27 (Korea Bizwire) — SK hynix Inc. said Monday it had set up the Sustainability Reporting System (SRS) to comprehensively unveil its environmental, social and governance (ESG)-related data. The SRS will disclose the memory chip maker’s ESG strategies, objectives, activities, performance and policies. A variety of ESG information ranging from the point of orientation [...]

Samsung to Underline ‘Sustainable Innovation’ at CES 2023

Samsung to Underline ‘Sustainable Innovation’ at CES 2023

SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics Co. will present its vision for “sustainable innovation” at the Consumer Electronics Show (CES) next month, its top executive said Thursday, continuing its focus on developing products that are both highly connected and sustainable. As a major technology company, “Samsung Electronics has a responsibility to establish an [...]