South Korean pension fund to consider climate change

The country’s national pension service will take climate change into account when engaging with firms

LG Innotek’s plant achieves zero waste to landfill certification

The electronic components manufacturing company received ‘Platinum’ level certification for its facility, which recycled 343 tons of waste annually

South Korea’s Hankook Tire commits to Science-Based Targets initiative

It aims to reduce Scope 1 and 2 emissions during the production stage by 46.2% by 2030

Samsung Electronics splashing $5bn on net zero aim

It is looking to reach net zero by 2050

ZIM inks $1bn LNG bunkering deal with Shell

Shell will supply 10 LNG-fuelled vessels, which are expected to enter into service in 2023-24

South Korea opens its largest hydrogen production complex

The facility is capable of supplying fuel for 410,000 hydrogen vehicles per year

NAVER becomes first South Korean IT firm to join RE100

By 2030, the company intends to convert 60% of all energy sources used in its office building and internet data centre to renewable energy sources and achieve 100% renewable energy by 2040

Hyundai
Hyundai building first EV-only factory in South Korea

It has pledged to invest $48bn into the country by 2025

Korean $1bn hydrogen venture in UAE gets green light

It is set to produce 200k tonnes of green ammonia annually

Asian $9bn EV supply chain deal cut to reduce Chinese reliance

The investment has been made to develop a mining through to manufacturing process in Indonesia