SEOUL, June 24 (Korea Bizwire) — As South Korea moves to tighten emissions standards for new buildings, including private apartments starting later this month, policymakers are looking to timber-based construction as a viable path toward carbon neutrality in the housing sector. A new report from the Korea Land and Housing Corporation (LH) underscores the urgency [...]
JEJU, Apr. 29 (Korea Bizwire) – Researchers in South Korea are exploring a promising approach to make carbon capture and utilization (CCU) technology more environmentally friendly by powering the energy-intensive process with electricity instead of fossil fuels. At a symposium held on April 25 at the Jeju International Convention Center by the Korean Institute of Chemical [...]
SYDNEY, Sept. 28 (Korea Bizwire) — Australia’s Largest Men’s Lifestyle publication Man of Many — https://manofmany.com — has become the first dedicated digital publisher in the country to achieve a 100% carbon neutral certification under the Federal Government’s Climate Active standard. Man of Many achieved the certification by establishing a carbon offsetting strategy while further cementing its commitment to [...]
SEOUL, March 22 (Korea Bizwire) — South Korea companies with huge carbon emissions have formulated ambitious goals to achieve carbon neutral operations, but are having difficulty implementing such goals primarily due to high costs, a business lobby group said. The Korea Chamber of Commerce and Industry (KCCI) conducted a survey of 346 local companies that [...]
SEOUL, Dec. 12 (Korea Bizwire) — President Moon Jae-in on Friday encouraged private firms to go carbon neutral, pledging the government will provide financial and regulatory support for their efforts to reduce greenhouse gas emissions. Moon made the remarks at a meeting on carbon neutrality with chief executives of some 40 big and medium-sized companies, [...]
BEIJING, Dec. 10 (Korea Bizwire) – JD.com is making progress in its construction of the first carbon-neutral intelligent industrial park for China’s logistics industry, with the Xi’an Asia No.1 logistics park expected to be carbon-neutral on the operations level by early 2022. At nearly 300,000 square meters, JD’s Asia No.1 logistics park in Xi’an has deployed 100,000 [...]
SEOUL, Sept. 7 (Korea Bizwire) — Korean Air Lines Co., South Korea’s biggest carrier, is accelerating efforts to transform into an eco-friendly airline by introducing carbon neutral jet fuel for the first time among domestic airlines. The company announced on Monday that it had formed a tie-up with refiner SK Energy Co. for the introduction [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s cement industry is increasing investment in eco-friendly areas, including the recycling of resources, to keep abreast with the global trend of pursuing carbon neutral policies. Sampyo Group, the parent of Sampyo Cement Co., announced on Monday that it will invest a total of 200 billion won (US$171 [...]
SEOUL, Aug. 18 (Korea Bizwire) — SK Energy Co., a major oil refinery and gas station operator, will become the first South Korean company to release carbon neutral oil product to achieve SK Group’s ‘Net Zero’ initiative, a part of the group’s environment, social and governance (ESG) management plan. Carbon neutral oil product is produced [...]
SEOUL, March 30 (Korea Bizwire) — South Korean steelmaker POSCO announced Monday that it had recently purchased approximately 64,000 tons of carbon-neutral liquified natural gas (LNG). Carbon-neutral LNG emits zero carbon by canceling all carbon dioxide emitted throughout all phases of production and supply of natural gas with carbon credits earned through forestry or other [...]