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 [...]
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 [...]
SEOUL, Sept. 28 (Korea Bizwire) — The Bank of Korea (BOK) said Tuesday it will expand its purchase of stocks and bonds related to environmental, social and governance (ESG) concerns, in a move to help transform South Korea to a greener economy. As of June, the BOK had purchased US$7.12 billion worth of ESG 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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, June 16 (Korea Bizwire) — The National Assembly has teamed up with the business and science communities to establish a forum to study the economics of environmental, social and governance (ESG). The Embracing Nation ESG Forum held an inauguration ceremony at the building of the Federation of Korean Industries (FKI) in Yeouido, Seoul on [...]
SEOUL, June 2 (Korea Bizwire) — Corporate ESG (environmental, social and governance) activities have an actual impact on consumers’ purchasing decisions, the country’s leading business lobby group said Tuesday. According to a survey conducted by the Korea Chamber of Commerce and Industry of 300 Korean consumers, 63 percent of the respondents replied that their purchasing [...]
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 [...]