SEOUL, July 11 (Korea Bizwire) — South Korean drug companies and biotech firms are stepping up to advance environmental, social, and governance (ESG) management following the coronavirus pandemic and concerns over global warming. SK Bioscience Co. said in its ESG report published last month for the first time since its establishment that it had generated [...]
SEOUL, July 7 (Korea Bizwire) — South Korea’s bourse operator said Thursday that it will provide guidelines that meet global standards for listed firms’ disclosures for their environment, social and governance (ESG) management. The Korea Exchange (KRX) has been pushing for advanced ESG disclosure systems to match global standards, best represented by the International Sustainability [...]
TORONTO, May 26 (Korea Bizwire) — EV Technology Group Ltd. (“EV Technology Group”, “EVT Group” or the “Company”) (NEO: EVTG, DE:B96A) launched its sustainability platform today, including an articulation of its ESG aspirations and purpose — to drive the adoption of electric vehicles (“EVs”). EV Technology Group’s sustainability platform outlines how it plans to support [...]
SEOUL, April 15 (Korea Bizwire) — In tandem with the government’s pursuit of carbon-neutral policies and the business community’s embracing of the environment, social and governance (ESG) management trend, investment is flooding into startups in the ESG sectors. Domestic startups attracted 11.7 trillion won (US$9.51 billion) in investment last year, more than tripling from a [...]
SEOUL, April 4 (Korea Bizwire) — More than 60 percent of those in the “MZ generation,” a Korean term referring to those aged between late 10s and 30s, have a preference towards products from companies that focus on environmental, social and corporate governance (ESG) management even if they are more expensive, a survey showed Sunday. [...]
WILMINGTON, Del., April 3 (Korea Bizwire) — Ashland Global Holdings Inc. (NYSE: ASH) today announced the first of a series of sustainable business initiatives resulting in positive economic, environment and social impacts from the company’s recently announced Responsible Solvers™ program. Fueled by the company’s purpose “to responsibly solve for a better world” and deep commitment to social [...]
SEOUL, March 30 (Korea Bizwire) — Kyung Hee University has signed an agreement with Stanford University to conduct joint research on sustainability in Asia, the Seoul school officials said Wednesday. Under the agreement signed last month, the two schools will partner to research various topics related to the enhancement of sustainability in Asia, create exchange [...]
SEOUL, March 22 (Korea Bizwire) — Major South Korean shipyard Hyundai Heavy Industries Co. said Tuesday it has successfully sold green bonds worth US$300 million to overseas investors. The five-year green bonds carry an interest rate equaling to the yield on five-year U.S. Treasuries plus a spread of 0.95 percentage point, 0.20 percentage point lower [...]
SEOUL, March 16 (Korea Bizwire) — SK C&C Co., an IT service unit of South Korean conglomerate SK Group, on Tuesday said it had launched a comprehensive internet portal service for the improvement of domestic businesses’ environmental, social and governance (ESG) management. The Click ESG online portal allows users to check the result of comprehensive [...]
SEOUL, March 9 (Korea Bizwire) — To create stronger incentives for environmental, social and governance (ESG) management that relies on non-financial factors, an increasing number of domestic and foreign firms are developing their own ESG indicators and reflecting them in the assessment of rewards for top management and executives. According to a report from the [...]