In a year that has seen it commit hundreds of millions to coal ventures overseas, Kepco has announced it will no longer pursue further such projects. Activists have urged the firm to also reverse earlier planet-heating investment decisions.
Two weeks after South Korea's climate emergency declaration, its biggest state-owned utility firm has been given the go-ahead to build the Vung Ang 2 coal project in Vietnam. Several other Korean businesses are also on board.
Just two days after China pledged to become carbon neutral by 2060, South Korea has declared a climate crisis and established a goal to go net zero by mid-century. The target, however, is non-binding and may yet turn out to be hollow.
John Mathews and Elizabeth Thurbon
and Hao Tan, Sung-Young Kim –
Many Asian nations are shunning fossil fuels, presenting a huge opportunity for Australia's renewables sector. And one massive project has stepped up to the plate.
Sanghun Lee –
In April, South Korea was lauded as “the first East Asian country to pledge net zero emissions by 2050” – but it didn’t. The concept and content of the “Green New Deal” is still being debated.
Medilyn Manibo –
Weber Shandwick’s new study examined eight cities in Asia Pacific and how the 'soft power' attributes of cities exert influence and attract people, with Singapore topping the list for its innovative approach to sustainability and the environment.
Measuring Sustainable Competitiveness: The Global Sustainable Competitiveness Index (GSCI) is based on quantitative indicators grouped in 5 pillars that define the competitiveness of a nation: natural capital, resource intensity, social capital, intellectual capital, and governance. All …
The results of the 6th annual Korean ESG review show that management awareness for sustainability management has been further increasing, accelerated strongly since the financial crises of 2008/2009. However, certain …