SEOUL, Jul. 26 (Korea Bizwire) – In a significant move to address climate change and bolster its export competitiveness, South Korea plans to establish a national industrial supply chain carbon data platform as early as 2026. This public-private initiative aims to facilitate the exchange of carbon data between companies linked through supply chains. The Ministry of [...]
SEOUL, Oct. 24 (Korea Bizwire) – SK Innovation, SK IE Technology (SKIET), and Lotte Chemical have joined forces to make significant strides in the carbon capture market. On Monday, these three companies announced the signing of a Memorandum of Understanding (MOU) to foster technological and business collaboration, thereby fortifying their competitiveness in the field of carbon [...]
CHICAGO, Aug. 2 (Korea Bizwire) — Sphera®, a leading global provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services, has been named a leader in the carbon management software market by Verdantix, an independent analyst firm, in its newest Green Quadrant report. The Green Quadrant Carbon Management Software report [...]
NEW YORK and SINGAPORE, June 28 (Korea Bizwire) – Nasdaq (Nasdaq: NDAQ) and Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, today announced a strategic technology partnership that will help unlock price transparency and liquidity in the voluntary carbon market. The agreement will see CIX leverage Nasdaq’s robust matching technology to power its spot [...]
SEOUL, Jan. 20 (Korea Bizwire) — The Seoul city government will renovate worn-out buildings into low-carbon ones and increase the proportion of electric cars in the city by 2026 as part of efforts to respond to climate change, officials said Thursday. The measures were announced as part of a five-year project from 2022 to 2026 [...]
LONDON/HOUSTON/SINGAPORE, Dec. 6 (Korea Bizwire) — Wood Mackenzie, a Verisk business (Nasdaq:VRSK), has appointed Elena Belletti as Head of Carbon Research within the company’s Energy Transition Practice. Based in Madrid, Elena joins from the United Nations (UN) Headquarters, where she had worked since 2015, most recently as an economist in the office for financing sustainable [...]
DAEJEON, Jan. 21 (Korea Bizwire) — The Korea Forest Service (KFS) announced plans to plant as many as 3 billion trees by 2050 to reduce or absorb 34 million tons of carbon per year. In a press conference held on Wednesday at the government complex in Daejeon, KFS chief Park Jong-ho gave a briefing about [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea said Monday it plans to overhaul a taxation scheme related to carbon emissions and set up a fund designed to fight climate change in a bid to achieve the goal of carbon neutrality by 2050. The country also plans to accelerate the reduction of reliance on coal [...]
SEOUL, Nov. 27 (Korea Bizwire) — President Moon Jae-in announced a plan Friday to establish a presidential body on South Korea’s stated goal of going carbon neutral by 2050 as part of a “strong pan-governmental system” to push for the vision. He said the envisioned government-private organization, tentatively named the “2050 Carbon Neutrality Committee,” is [...]
BURNABY, British Columbia, Oct. 26 (Korea Bizwire) — In the face of global economic challenges, the Government of Canada is continuing to invest in innovative sectors such as clean technology to create well-paying middle-class jobs, grow Canada’s economy and address the world’s environmental challenges. Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic [...]