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Hanwha Energy Launches ESG Committee to Beef Up Sustainable Management

Hanwha Energy Launches ESG Committee to Beef Up Sustainable Management

SEOUL, Oct. 15 (Korea Bizwire) — Hanwha Energy Corp., a South Korean renewable energy company, said Friday it has launched a committee to beef up sustainable management in light of the Environmental, Social and Governance (ESG) principles. The ESG committee, established within its board, will serve as the company’s key division tasked with devising and [...]

Colliers Deepens Commitment to Drive Positive Global Impact with New ESG Strategy

Colliers Deepens Commitment to Drive Positive Global Impact with New ESG Strategy

TORONTO, Oct. 13 (Korea Bizwire) — Colliers, a leading diversified professional services and investment management company (NASDAQ, TSX: CIGI), today released Elevate the Built Environment, its new strategic framework designed to embed environment, social, and governance (ESG) best practices across the organization. To address the material topics identified for the organization through strong stakeholder engagement, the [...]

Nexen Tire Releases Second Annual Sustainability Report

Nexen Tire Releases Second Annual Sustainability Report

SEOUL, South Korea, Oct. 12 (Korea Bizwire) — Nexen Tire, a leading global tire manufacturer, today released the 2020/21 edition of its ESG Report. Following the publication of its first CSR Report (2019/20) last year, Nexen Tire has released its second report, with the commitment of expanding ESG management and becoming a full-fledged customer-oriented organization. [...]

Businesses Turn to ‘Plogging’ for Better Marketing

Businesses Turn to ‘Plogging’ for Better Marketing

SEOUL, Oct. 7 (Korea Bizwire) — An increasing number of business marketers are using ‘plogging,’ the act of picking up trash while jogging, to polish company reputations as responsible participants in environmental, social and governance (ESG) management. South Korea’s top cosmetics maker Amorepacific Corp.’s eco-friendly brand Innisfree recently joined hands with marine waste collectors on [...]

Despite Heightening Investor Pressure, Few Companies Publicly Report on Sustainability, Sphera’s New Survey Finds

Despite Heightening Investor Pressure, Few Companies Publicly Report on Sustainability, Sphera’s New Survey Finds

CHICAGO, Sept. 30 (Korea Bizwire) — Though pressure is growing from all corners—from investors, to governments, to boards of directors—companies worldwide struggle to report progress on their Environmental, Social and Governance (ESG) goals. Indeed, just 38% of businesses publicly communicate their sustainability performance, according to a new survey from Sphera®, a leading global provider of ESG performance [...]

CUHK Business School Research Finds the Inconsistent ESG Scores from Different Rating Agencies Decreased Investor Demand for Green Stocks

CUHK Business School Research Finds the Inconsistent ESG Scores from Different Rating Agencies Decreased Investor Demand for Green Stocks

HONG KONG SAR, Sept. 24 (Korea Bizwire) - Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for [...]

Tech Companies Datamaran and Intelex Team Up to Provide a Full-Suite ESG Software Solution

Tech Companies Datamaran and Intelex Team Up to Provide a Full-Suite ESG Software Solution

Toronto, Canada, Sept. 14 (Korea Bizwire) — Intelex Technologies, ULC, a leading global provider of cloud-based Environmental, Health, Safety and Quality (EHSQ) management software, today announced it has entered an exclusive reseller partnership with Datamaran®, the only automated solution available to achieve a data-driven business process for external risk and materiality analysis. Working together, Datamaran and Intelex [...]

Sphera Announces Expanded Availability of Environmental, Social and Governance Reporting Solutions

Sphera Announces Expanded Availability of Environmental, Social and Governance Reporting Solutions

CHICAGO, Sept. 9 (Korea Bizwire) — Sphera®, a global leader in Environmental, Social and Governance (ESG) risk and performance management software, data and consulting services, announces the widespread availability of its integrated ESG solutions. They consist of a comprehensive suite of data, software and consulting services that help customers quickly and effectively elevate their ESG performance and [...]

Cement Industry Beefs Up Eco-friendly Investment to Achieve Carbon Neutral Goal

Cement Industry Beefs Up Eco-friendly Investment to Achieve Carbon Neutral Goal

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 [...]