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Ashland Innovative Supplier Partnership Powers Sustainable, Profitable Growth for Local Farmers and Small Villages in India

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 [...]

Kyung Hee, Stanford Universities to Conduct Joint Research on Sustainability in Asia

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 [...]

Hyundai Heavy Industries Sells US$300 mln in Green Bonds

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 [...]

SK C&S Launches ESG Management Consulting Website

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 [...]

Firms Reflect ESG Performance in Rewards for Top Management, Develop ESG Indicators

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 [...]

Health Technology Leader Philips on Track with its Environmental, Social, and Governance Commitments

Amsterdam, the Netherlands, Feb. 22 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on its key Environmental, Social, and Governance (ESG) achievements in 2021 as it continues to deliver innovative health technology solutions around the world. These 2021 ESG achievements include 1.7 billion lives improved by [...]

Verisk Maplecroft Launches Sovereign ESG Ratings

LONDON, Feb. 17 (Korea Bizwire) — Verisk Maplecroft, a global risk analytics business of Verisk (Nasdaq:VRSK), has launched new Sovereign ESG Ratings to provide investors with the most comprehensive picture available of ESG risks and opportunities across the entire current and potential sovereign issuer universe. The Ratings, which extend Verisk Maplecroft’s growing presence as a [...]

8 in 10 Large S. Korean Firms Looking to Expand ESG Departments

SEOUL, Feb. 9 (Korea Bizwire) — The vast majority of large South Korean companies plan to expand their budget and personnel further for ESG departments this year, a major business lobby group said Tuesday. ESG is short for environmental, social and governance criteria using factors to evaluate companies on how far advanced they are in [...]

SK Telecom Steps Up Efforts to Explore and Support ESG Startups

SEOUL, Feb. 3 (Korea Bizwire) — SK Telecom Co. is stepping up efforts to support the growth of startups in the environment, social and governance (ESG) sector. South Korea’s largest wireless carrier announced that it extended support to a total of 14 startups last year through its ESG Korea 2021 program. The company provided a variety [...]

Schneider Electric Achieves Outstanding Performance in Four Corporate Sustainability Ratings

Rueil-Malmaison (France), Jan. 12 (Korea Bizwire) – Schneider Electric, the leader in the digital transformation of energy management and automation, has delivered yet another strong year of Environmental, Social and Governance (ESG) performance based on 2021 ratings from independent and renowned corporate sustainability experts. Schneider Electric uses the annual ratings from four key external indexes: CDP Climate Change, [...]