SEOUL, Nov. 16 (Korea Bizwire) — LG Group said Sunday it reduced roughly 5.39 million tons of carbon emissions in 2024, marking a 26 percent drop from the previous year and putting the conglomerate ahead of its climate goals. The results were detailed in the latest LG Net Zero Special Reporting 2024, published on Nov. 14. [...]
Global power demand surge puts net zero by 2050 out of reach as world heads toward 2.6°C warming, says Wood Mackenzie AI boom and geopolitical tensions strain energy systems; a 30% increase in annual investment to US$4.3 trillion needed to limit warming to 2°C; China takes global leadership in energy transition LONDON, HOUSTON, SINGAPORE, 29 [...]
An Australia-first using advanced HVDC technology to stabilize an increasingly renewable grid — A transmission project of national significance to play a key role in Australia’s energy transition to power 1.5 million homes — Hitachi Energy’s two-way power transmission technology will unlock Tasmania’s world-class wind and hydro storage resources to deliver affordable and reliable clean [...]
SEOUL, Dec. 14 (Korea Bizwire) — South Korea’s SK Group said Thursday it will present its corporate vision of a low-carbon technology-led future at the upcoming CES 2024 next month. SK’s seven affiliates, including SK Inc., SK hynix Inc., SK Innovation and SK Telecom Co., participating in the four-day annual U.S. tech show will jointly [...]
SEOUL, Sept. 13 (Korea Bizwire) — With the one year anniversary of Samsung Electronics Co.’s release of its mid- to long-term environmental management strategy nearing, the South Korean tech giant has said it was on the path toward achieving net zero companywide by 2050. In September last year, Samsung unveiled the New Environmental Strategy, detailing [...]