SEOUL, May 29 (Korea Bizwire) – LG Electronics has announced its commitment to fostering sustainable ecosystems worldwide, putting into practice its ESG (Environmental, Social, and Governance) vision of “A Better Life for All.” In Spain and Portugal, LG’s Spanish subsidiary is spearheading the ‘Smart Green Tree’ reforestation campaign, planting seed bombs – a mixture of soil, [...]
SEOUL, May 20 (Korea Bizwire) – In a bold move towards a more sustainable future, Seoul has announced a comprehensive strategy to reduce the use of single-use plastics, aptly dubbed the Plastic-Free Seoul initiative. Starting from September, events and festivals hosted by the city with an anticipated attendance of 1,000 or more people will be prohibited [...]
SEOUL, Feb. 8 (Korea Bizwire) – Samsung Electronics announced on February 7 the launch of a new “Customer Participation Mobile Phone Collection Program,” developed in collaboration with Gyeonggi Province, CJ Logistics, and the non-profit organization E-Cycle Governance, aimed at promoting recycling and environmental sustainability. Under this program, consumers can easily recycle their old mobile phones. After [...]
SEOUL, Jan. 11 (Korea Bizwire) – In a significant move towards sustainable practices, Seoul’s food delivery and takeaway services are seeing a transformative shift with the introduction of reusable containers. This initiative, part of the city’s ‘Zero Restaurant’ project, aims to reduce the burgeoning use of single-use plastics. Since December 2022, participating restaurants, like the one [...]
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 [...]
SEOUL, March 12 (Korea Bizwire) —Samsung Electronics is taking steps to incorporate environmental, social, and governance (ESG) practices into its upcoming 54th regular shareholders’ meeting. The meeting, scheduled for March 15, will feature efforts to reduce paper usage by replacing mail related to the meeting with electronic announcements. The initiative is expected to save approximately [...]
LONDON, Jan. 19 (Korea Bizwire) – Morrow Sodali and Nestor Advisors - A Morrow Sodali Company, are pleased to announce the publication of “Governance of sustainability in the largest global banks: A study of the top 30 European and North American banks”. This Report examines the sustainability governance practices of the 30 largest European and North American banks. In [...]
New York, U.S.A., Jan. 12 (Korea Bizwire) — CEOs are facing an enormously challenging global context, with the vast majority (93%) experiencing 10 or more simultaneous challenges to their businesses and 87% warning that current levels of disruption will limit delivery of the UN Sustainable Development Goals (SDGs), finds the largest CEO study on sustainability [...]
SEOUL, Dec. 27 (Korea Bizwire) — SK hynix Inc. said Monday it had set up the Sustainability Reporting System (SRS) to comprehensively unveil its environmental, social and governance (ESG)-related data. The SRS will disclose the memory chip maker’s ESG strategies, objectives, activities, performance and policies. A variety of ESG information ranging from the point of orientation [...]
Rueil-Malmaison (France), July 28 (Korea Bizwire) ─ Schneider Electric, the leader in the digital transformation of energy management and automation, announced today the results of its sustainable impact program for the second quarter of 2022. Schneider’s Sustainability Impact (SSI) scored 4.17 out of ten, relative to its 4.70 year-end target. The SSI dashboard measures Schneider’s Environmental, Social and Governance [...]