SEOUL, Aug. 10 (Korea Bizwire) – In a significant move to address pressing social issues, the Korea Chamber of Commerce and Industry (KCCI) announced on August 9 that it will host the inaugural Korea Social Value Festa on September 12 at COEX in Seoul’s Gangnam district. The event, which aims to bring together government, private sector, [...]
SEOUL, Aug. 4 (Korea Bizwire) – LG Electronics celebrated the graduation of students from its LG-KOICA Hope Vocational Training School in Phnom Penh on July 30, the company announced on August 4. The Hope Vocational Training School is an initiative by LG in collaboration with the Korea International Cooperation Agency (KOICA) to provide technical education for [...]
SEOUL, Sept. 20 (Korea Bizwire) – Greenpeace, a non-governmental environmental organization, said Wednesday it will file a constitutional petition urging the adoption of a system that requires listed companies to disclose information on their response to climate change. The petition, joined by 167 people as petitioners, will be submitted to the Constitutional Court later in [...]
SEOUL, Sept. 20 (Korea Bizwire) – The Samsung Guide Dog School (SGDS) is celebrating its 30th anniversary. It was started by the late Samsung Electronics Chairman Lee Kun-hee, who was a dog lover. Over the past 30 years, SGDS has increased awareness about disabilities and guide dogs and has become an important part of Samsung’s charitable [...]
SEOUL, March 12 (Korea Bizwire) —Samsung Electronics is taking steps to incorporate environmental, social, and governance (ESG) practices into its upcoming 54th regular shareholders’ meeting. The meeting, scheduled for March 15, will feature efforts to reduce paper usage by replacing mail related to the meeting with electronic announcements. The initiative is expected to save approximately [...]
SEOUL, Jan. 18 (Korea Bizwire) — Major South Korean companies spent more than 5 trillion won (US$4.04 billion) in 2022 to help cut air pollution and promote workplace safety as part of their so-called environment, social and governance (ESG) management, a report said Wednesday. The country’s top 100 firms by sales invested 5.44 trillion won [...]
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 [...]
SEOUL, Dec. 22 (Korea Bizwire) — Hyundai Motor Group said Wednesday that a documentary on its corporate social responsibility (CSR) activities in China is drawing a favorable response from Chinese people. In collaboration with Discovery Channel, the group made a mini-documentary under the theme of its CSR activities in China, including the prevention of desertification, [...]
SEOUL, Oct. 5 (Korea Bizwire) – LG Electronics Inc. said Tuesday it will exhibit an artwork made by recycling an OLED TV packaging box at the Nike Art Gallery in Lagos, Nigeria by the end of this year. The artwork was created in collaboration with the African climate change response NGO Solution 17 and a [...]
SEOUL, Sept. 30 (Korea Bizwire) – Korean Air Lines Co. said Friday it has signed a five-year deal with Royal Dutch Shell plc. to purchase sustainable aviation fuel (SAF) from the British firm beginning in 2026 to help combat climate change. SAF is non-conventional aviation fuel derived from alternative raw materials, such as cooking oil [...]