Tag: carbon neutrality

carbon neutrality

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Suited executive seated at a desk in an office with a laptop, window view, and yellow flag.

As it marks 50 years, S-Oil looks to fuel another half-century of innovation

The company's milestone year arrived as it completes its flagship Shaheen project and continues efforts toward carbon neutrality and broadening its business.

2026.6.29

Citibank Korea Managing Director Kim Kyoung-ho speaks at the 13th Climate Action Roundtable (CART) held at the Four Seasons Hotel in central Seoul on April 15. [CITIBANK KOREA]

Citibank Korea sees growing role for finance in carbon neutrality push

Carbon neutrality is no longer optional but a sweeping shift reshaping economies and societies, Citibank Korea Head of Corporate Banking Group Kim Kyoung-ho said, calling for greater participation by financial institutions in green finance.

2026.4.16

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Gov't pledges $88.6 million to drive carbon neutrality and energy stability

The government will spend 129.3 billion won ($88.6 million) this year to support projects aimed at developing technologies that will help achieve carbon neutrality and ensure a stable supply of energy, the Industry Ministry said Wednesday.

2025.2.5

Acting President Han Duck-soo, 10th from right in front, poses for a photo with participants at the carbon neutral grand alliance declaration ceremony held at the Grand Hyatt Seoul in Yongsan District, central Seoul, on Dec. 23. [YONHAP]

Gov't to invest over $300 billion in green finance by 2030 to address climate crisis

Acting President Han Duck-soo, 10th from right in front, poses for a photo with participants at the carbon neutrality grand alliance declaration ceremony held at the Grand Hyatt Seoul in Yongsan District, central Seoul, on Dec. 23.

2024.12.23

Constitutional Court rules carbon neutrality act fails to protect rights with lack of reduction goals

The Constitutional Court on Thursday ruled that the nation's carbon neutrality law is not conforming to the Constitution for failing to sufficiently protect people's basic rights due to the absence of any greenhouse gas reduction goal after 2031.

2024.8.30

A young environmental activist asks for prompt ruling on petitions filed against the government's insufficient response to climate change during a press conference held in front of the Constitutional Court in central Seoul on Tuesday, ahead of the first public hearing on the case the same day. [NEWS1]

Constitutional Court hears young environmental activists in first litigation on climate change

The Constitutional Court on Tuesday held a public hearing on a petition filed by teenage environmental activists against the government for violating their fundamental rights by insufficiently responding to climate change.

2024.4.23

Aramco's Ras Tanura refinery in eastern Saudi Arabia [ARAMCO]

Oil giant Aramco gears up for a low-carbon future

Aramco, the world's largest oil company, is looking to diversify its investments and create new outlets for crude oil production as Asian countries move away from fossil fuels.

2023.12.12

Prime Minister Han Duck-soo speaks during the fourth meeting of the Presidential Commission on Carbon Neutrality and Green Growth held Thursday at the government complex in central Seoul. [YONHAP]

Korea to invest to foster 10 climate-related unicorns

Korea will invest 145 trillion won ($112 billion) in public and private funds to ramp up its climate tech capabilities by 2030, the Ministry of Trade, Industry and Energy said Thursday.

2023.6.22

Kakao joins RE100 initiative to fight climate change

Kakao signed up for the RE100 initiative, a global campaign to replace all electricity generated by fossil fuels with renewable energy by 2050.

2023.5.24

Korea Environment Corporation's climate and air pollution director Yu Seung-do speaks during ACT Center’s opening ceremony held at President Hotel in central Seoul on Thursday. [KOREA ENVIRONMENT CORPORATION]

K-eco helps with carbon neutral goals

The Korea Environment Cooperation (K-eco) is creating an organization designed to help meet the country's carbon neutral goals. The new ACT Center, meaning “assist, consulting and together,” will provide guidance to local governments to...

2023.4.27