SEOUL, April 14 (Korea Bizwire) — With an increasing number of companies strengthening their ESG (environmental, social and governance) management, fashion companies are also releasing a string of eco-friendly products. Kolon Sport, an outdoor brand run by South Korean clothing firm Kolon Industry FnC, developed a renewable nylon material dubbed ‘Kolon Nylon,’ and made use [...]
SEOUL, March 30 (Korea Bizwire) — Hyundai Oilbank Co., a major refiner in South Korea, said Monday that it will take the initiative to expand the scope of its eco-friendly management practices, including boosting investment in eco-friendly facilities. The company announced it would establish solar power generation facilities at idle spaces inside its logistics centers [...]
SEOUL, March 17 (Korea Bizwire) — Old government buildings across South Korea will be reborn as energy-saving buildings through a green remodeling initiative. The Government Buildings Management Office said Tuesday that it will carry out a ‘green remodeling project’ to turn all of the nation’s aged government buildings into energy-saving green buildings by 2025. To [...]
SEOUL, Feb. 22 (Korea Bizwire) — The Ministry of Oceans and Fisheries said Sunday that it will distribute 5.7 million eco-friendly buoys this year. The government plans to spend 57.1 billion won (US$51 million) for the distribution of eco-friendly buoys, three times more than last year’s supply. All fishermen will be entitled to receive subsidies [...]
SEOUL, Feb. 11 (Korea Bizwire) — With Lunar New Year around the corner, more people are turning to environmentally friendly ways of gift wrapping to help reduce waste amid the coronavirus pandemic. The Lunar New Year, which falls on Friday this year, is a time to exchange gifts with family and friends, a tradition that [...]
SEOUL, Feb. 9 (Korea Bizwire) — SK Global Chemical Co., a chemical affiliate of South Korea’s energy giant SK Innovation Co., has teamed up with a logistics company to accelerate its environmental, social and governance (ESG) management by establishing a virtuous cycle system for the reduction of logistics waste. The company announced on Monday that [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korean energy solution firm Hanwha Solutions Corp. has expanded the production of eco-friendly plasticizer that is free of environmental hormones in response to growing market demand. The company said Monday that its Chemical division had increased the output of the eco-friendly plasticizer Eco-DEHCH by 50,000 tons and launched [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korea has developed the nation’s first-of-its-kind eco-friendly oceangoing vessel that can reduce the generation of fine dust, one of the main culprits of environmental pollution, by up to 99 percent. The Ministry of Oceans and Fisheries held a naming ceremony for the nation’s first liquefied national gas (LNG)-powered [...]
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. 18 (Korea Bizwire) — South Korean fashion company Kolon Industries FnC announced Tuesday its outdoor sportswear brand Kolon Sports has developed an eco-friendly, biodegradable mannequin. The mannequin, unlike other models made of fiber-reinforced plastic, is made of sawdust and eco-friendly adhesive. No harmful substances are emitted during the course of manufacturing since no [...]