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IFRS Foundation Announces International Sustainability Standards Board, Consolidation with CDSB and VRF, and Publication of Prototype Disclosure Requirements

SAN FRANCISCO, Nov. 3 (Korea Bizwire) – As world leaders meet in Glasgow for COP26, the UN global summit to address the critical and urgent issue of climate change, the IFRS Foundation Trustees (Trustees) announce three significant developments to provide the global financial markets with high-quality disclosures on climate and other sustainability issues: The formation of a new [...]

BLACKPINK Calls for Global Actions to Tackle Climate Change

SEOUL, Nov. 3 (Korea Bizwire) — South Korean girl group BLACKPINK urged the world to join efforts to tackle climate change in its video message to the World Leaders Summit at the 26th United Nations Climate Change Conference (COP26). The summit was held Monday and Tuesday as part of the COP26 conference under way in [...]

Schneider Electric Releases Key Report on Climate Change as Part of COP26 Engagement

Rueil-Malmaison (France), Oct. 29 (Korea Bizwire) – Schneider Electric, the leader in the digital transformation of energy management and automation, is actively supporting global climate change efforts at the upcoming COP26 meeting, with experts on the ground and the release of a flagship report that offers fresh perspectives on our planet’s pathway to decarbonization. The 26th United Nations [...]

Philips Announces Ambitious Climate Action to Drive Significant Reduction of Greenhouse Gas Emissions in its Supply Chain

Amsterdam, the Netherlands, Oct. 28 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced an additional ambitious action to combat climate change. The company is stepping up its acclaimed supplier sustainability program with the goal of at least 50% of its suppliers (based on spend) committing to science-based targets (SBTs) [1] [...]

Seaweed a Model Solution for Fighting Climate Change

THUWAL, Saudi Arabia, Oct. 7 (Korea Bizwire) — Seaweed, as its unfortunate name suggests, can be a nuisance. It makes a mess of beautiful beaches. It bobs up and down in the waves in an unsightly blob. And it sticks to unsuspecting swimmers as they try to enjoy a dip. But despite its reputation with [...]

Young Koreans Avoid Having Kids Due to Concerns About Climate Change

SEOUL, July 26 (Korea Bizwire) — In the midst of a surge in momentum for environmental movements looking to overcome climate change, an increasing percentage of young Koreans are deciding not to have children because they do not want their offspring to suffer from the environmental collapse. Kim Woo-seop, a 28-year-old office worker, is concerned [...]

S. Korean Companies Slow in Addressing Climate Change

SEOUL, July 9 (Korea Bizwire) — South Korean companies are underperforming when it comes to addressing climate change, an international environmental group said Thursday. Greenpeace asked 100 subsidiaries of 10 major conglomerates in the country about their usage of renewable energy and plans on fully replacing electricity with renewable energy to come up with an [...]

Climate Change Begins to Impact Plants and Animals

SEOUL, May 11 (Korea Bizwire) — Climate change not only alters the timing of the blooming seasons, but also triggers early spawning among animals, and threatens the survival of trees at high altitudes. The state-run Korea National Park Service (KNPS) recently reported that climate change is being felt in all environmental aspects including local ecosystems [...]

Climate Change Makes Summers Longer, Winters Hotter and Shorter in Korea

SEOUL, May 2 (Korea Bizwire) — Human-caused climate change has brought about extensive meteorological changes on the Korean Peninsula over the past century, making summers longer and winters hotter and shorter and increasing the frequency of extreme weather events, such as heat waves and heavy downpours, a report said Sunday. The report from the Korea [...]

Climate Change Could Cut Corn Belt Crop Yields by Up to 40 Percent by Increasing Unfavorable and Extreme Weather by Mid-Century, According to a New Report

Boston, April 28 (Korea Bizwire) — Thirteen states in the United States, known as the Corn Belt, are responsible for 90 percent of the corn grain and produce in the country and almost 30 percent of the global corn crop. Using climates projected by four climate models as inputs, simulated yields across the Corn Belt [...]