KOTRA promotes ESG

KOTRA held the KOTRA Sustainable Management Committee on October 21 and pronounced its plan to promote ESG (Environment, Social and Corporate Governance) among small and medium enterprises in South Korea. For this, KOTRA has brought up three directions: company-wide ESG implementation, government support for global ESG issues and introducing integrated ESG systems. As part of this, KOTRA is encouraging companies not to use disposable cups in the company as the first step. It will create an effect of reducing 4.16 tons of carbon emission and 7,571 tons of water waste but planting 1,515 trees. Also encouraged are obtaining ISO 14001 by the end of the year alongside joining the K-RE100 (use of 100% renewable energy by 2050). Other notable campaigns include: 1 Green A Day, carbon point system and metaverse KOTRA ESG action hall. KOTRA Chairman Jeongyeol Yoo emphasized that ESG is no more an option but a must so KOTRA would provide necessary support in accordance.

KOTRA holds Korea-Sweden Hydrogen Partnering Day

KOTRA is holding Korea-Sweden Hydrogen Partnering Day from October 29 to November 26. The day includes seminars, pitching day and online business consulting and 15 Korean mobility, charging and fuel cell companies are participating. On the 29th, a seminar is held between 10 companies of both parties to introduce their major hydrogen projects. The Swedish government pronounced 2050 Carbon Neutrality and has allocated $1.1 billion budget into green policy while the EU is to use $1.6 billion for development of battery technology and building infrastructure and wind power complexes. KOTRA Center Stockholm division head Kisuk Lee said “South Korea and Sweden are moving fast in government policy, budgeting and private investment in hydrogen economy. The event this time will build a firm partnership between the two countries to pre-occupy the hydrogen market in North Europe.” (PowerKorea)

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