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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 [...]

Safety Review Not Done Yet for Japan’s Planned Release of Contaminated Water into Sea: Seoul Official

Safety Review Not Done Yet for Japan’s Planned Release of Contaminated Water into Sea: Seoul Official

SEOUL, Jan. 15 (Korea Bizwire) — A top South Korean official stressed that a nuclear safety review process has not yet finished for Japan’s planned release of contaminated water from its hobbled Fukushima Daiichi plant into the sea. “The government’s top priority is to ensure the safety and wellbeing of the people,” Nuclear Safety and [...]

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 [...]

Seoul’s Ultrafine Dust Density Falls to Record Low in 2022

Seoul’s Ultrafine Dust Density Falls to Record Low in 2022

SEOUL, Jan. 3 (Korea Bizwire) — Seoul saw a record-low ultrafine dust density last year mainly on the back of continued efforts to tackle worsening air pollution problems, and favorable weather conditions, the city government said Tuesday. The average density of ultrafine dust particles in the capital city was tallied at 18 micrograms per cubic [...]

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 [...]