SEOUL, May 6 (Korea Bizwire) — The higher the age, income and educational level, the higher the probability that an individual would engage in eco-friendly activities, including energy-saving behaviors, a study showed Wednesday. According to a thesis released by the state-run Korea Environment Institute, older people tend to have stronger interest in the environment and [...]
SEOUL, May 5 (Korea Bizwire) — With South Korea’s retail industry actively promoting eco-friendly policies, the number of local consumers who are attempting to reduce the use of disposable items is also on the rise. For the January to April period of this year, the hypermarket chain Lotte Mart saw sales of single-use cups and [...]
SEOUL, April 29 (Korea Bizwire) — The fashion industry is releasing a series of recycled, eco-friendly handbags and apparel. Products made with recycled plastic bottles, in particular, are gaining attention. Beanpole Accessory, the fashion arm of Samsung C&T Corp., recently released the Walnut Knit Bucket Bag made of recycled plastic bottles. Black Yak has begun [...]
SEOUL, April 23 (Korea Bizwire) – In celebration of Earth Day, retailers and other South Korean firms joined efforts on Thursday to save the environment. Homeplus Co., a hypermarket chain operator, has vowed to introduce eco-friendly materials that replace plastic materials used for its private-label (PB) products. It also released label-free bottled water. The shopping [...]
SEOUL, April 15 (Korea Bizwire) — SK Innovation Co. said Wednesday that it will replace the boiler fuel at its Ulsan refining complex, the nation’s first oil refinery, with eco-friendly liquefied natural gas (LNG) fuel starting from July. Since 2019, the refinery-and-battery unit of SK Group has invested a total of 69 billion won (US$61.8 [...]
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 [...]