Green Continue
Scope
Date
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Carbon neutrality
Lotte Chemical, DL Energy team up to produce renewable energy
South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...
Jul 18, 2023 (Gmt+09:00)
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Hydrogen economy
Korea Zinc ties up with SK, Hanwha for Aussie green ammonia
Korea Zinc Inc., the world’s largest lead and zinc smelter, has joined hands with SK Gas Ltd. and Hanwha Impact Corp. for the green ammonia bu...
Jul 14, 2023 (Gmt+09:00)
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Energy
KHNP participates in Australian green cement project
Korea Hydro & Nuclear Power Co. (KHNP) will participate in the South Australia green cement transition project, which aims to produce green hydr...
Jul 11, 2023 (Gmt+09:00)
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Korean startups
Ad-tech unicorn Moloco’s endeavor to unlock potential continues
SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...
Jul 10, 2023 (Gmt+09:00)
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Earnings
LG Elec Q2 profit misses forecast on costs; stocks tumble
LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...
Jul 07, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035
South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...
Jul 07, 2023 (Gmt+09:00)
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Steel
POSCO gears up for big stride as green materials firm with Hyper NO
South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...
Jul 06, 2023 (Gmt+09:00)
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Food & Beverage
McDonald’s to increase locations by 25% in S.Korea by 2030
McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...
Jul 05, 2023 (Gmt+09:00)
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Carbon neutrality
POSCO Int'l to cut carbon emissions 37% by 2030
South Korea's largest trading company POSCO International on Sunday said it officially declared its goal of achieving carbon neutrality by 2050 to b...
Jul 03, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific to strengthen partnership with A.S. Watson
South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...
Jun 27, 2023 (Gmt+09:00)
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Electronics
LG Electronics releases portable speaker XBoom
LG Electronics Inc. announced on Monday the launch of the LG XBoom, a portable party speaker with a built-in battery that delivers powerful sound an...
Jun 26, 2023 (Gmt+09:00)
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ESG
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
Jun 26, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium signs 47-yr Oman green hydrogen project
A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $7 billion-$8 billion...
Jun 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai showcases its future green vessel tech in Vietnam
South Korea's HD Hyundai Co. on Thursday said its CEO Chung Ki-sun visited the affiliate Hyundai Vietnam Shipbuilding in the central Vietnamese prov...
Jun 22, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium wins $6.7 bn green hydrogen deal from Oman
A consortium led by South Korean steelmaker POSCO Group won a $6.7 billion deal to build the world’s largest green hydrogen plant in Duqm, a p...
Jun 16, 2023 (Gmt+09:00)
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ESG bonds
Hyundai Card issues $193 mn Korean green bonds
South Korea's Hyundai Card announced on Friday that it has issued a green bond worth 250 billion won ($193 million), becoming the first company in t...
Jun 09, 2023 (Gmt+09:00)
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Food & Beverage
Craft brewery startups poised to revolutionize brew scene in South Korea
Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...
Jun 08, 2023 (Gmt+09:00)
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Dong-A Eng Co.
Key facts Main Business Industrial mold design and manufacturing / machinery manufacturing212.1 Millions USE(Automated Optical Inspection; AOI...
Jun 06, 2023 (Gmt+09:00)
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Pension funds
NPS vows to raise alternative investment ratio, cut bond purchases
South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative...
Jun 01, 2023 (Gmt+09:00)
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Automobiles
Hyundai doubles down on green bus push against Chinese ascent
Hyundai Motor Co. is expected to start remodeling its conventional bus production facility at home this fall to ramp up zero-emission and low-floor ...
May 31, 2023 (Gmt+09:00)
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Batteries
SKIET secures $300 mn green loan from IFC
SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...
May 25, 2023 (Gmt+09:00)
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Carbon neutrality
S.Korea selects 100 core technologies to achieve carbon neturality
South Korea has designated 100 core technologies to achieve carbon neutrality including heat pumps that retrieve heat from air and water, the green ...
May 22, 2023 (Gmt+09:00)
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Batteries
Resumption of LG Energy Solution's JV in Canada gets green light
South Korea’s LG Energy Solution Ltd. has received the green light to resume construction of an electric-vehicle battery joint venture in Ca...
May 22, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution secures lithium concentrate in N.America
South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contract with Australian c...
May 19, 2023 (Gmt+09:00)
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ASK 2023
US office recovery will be slow in volatile market: Korean investors
Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...
May 19, 2023 (Gmt+09:00)
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Energy
SK Ecoplant to join Canada's $4.5 bn green hydrogen project
South Korea’s SK Ecoplant Co. on Wednesday signed an agreement to join the first-stage, $4.5 billion construction of green hydrogen and ammoni...
May 17, 2023 (Gmt+09:00)
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Chemical Industry
LG Electronics enters antibacterial glass powder sector
LG Electronics Inc. on Wednesday said it will promote as one of its new growth engines antibacterial glass powder, or fine particles made with cru...
May 17, 2023 (Gmt+09:00)
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Business & Politics
LS Electric to unveil eco-friendly smart energy techs in Vietnam
South Korea's LS Electric Co. announced on Monday its participation in the highly anticipated "Electric Energy Show 2023" to be held in Hanoi, Vietn...
May 15, 2023 (Gmt+09:00)
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ESG bonds
S.Korean green bonds draw strong demand amid ESG fever
South Korean green bonds eligible for government support enjoyed robust demand despite lower yields, as investors upgraded environmental, social, ...
May 08, 2023 (Gmt+09:00)
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Corporate governance
Hyosung’s sibling feud continues with second son in court on trial
It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...
May 03, 2023 (Gmt+09:00)