Yujin Corporation and Dongyang Accelerate ESG Management... Eco-friendly Ready-Mixed Concrete Surpasses 10 Million m³
Total Production of Low-Carbon and Environmental Product Declaration Certified Products Reaches Over 10.44 Million m³
CO2 Reduction of 795.73 Million kg, Equivalent to Planting 83.76 Million Cherry Trees Annually
[Asia Economy Reporter Kim Jong-hwa] On the 19th, Eugene Group's parent company Eugene Corporation and its affiliate Dongyang announced that their eco-friendly ready-mixed concrete (Remicon) shipments have surpassed 10 million cubic meters.
Eugene Corporation was the first in the Remicon industry to obtain the 'Low Carbon Product' certification in 2018 for the '25(mm, maximum size)-24(MPa, strength)-150(mm, slump)' specification and in 2019 for the '25-21-150' specification. Last year, it also acquired certification for the '25-27-150', '25-30-150', '25-35-150', and '25-50-600' specifications, holding a total of six low carbon products?the most in the industry.
The Low Carbon Product certification is a national certification system overseen by the Ministry of Environment and operated by the Korea Environmental Industry & Technology Institute. It is divided into Stage 1 Carbon Footprint and Environmental Product Declaration, and Stage 2 Low Carbon Product certification.
In addition to the six low carbon products, Eugene Corporation holds 13 Environmental Product Declaration certified products, including '25-21-120', '25-24-120', and '25-24-180'. Its affiliate Dongyang also holds low carbon products of '25-24-150' and '25-27-150' specifications, as well as Environmental Product Declaration certified products of '25-30-150' and '25-35-150' specifications.
The total volume of low carbon products produced so far by Eugene Corporation and Dongyang is 8,370,511㎥ and 809,206㎥ respectively, amounting to 9,179,717㎥ in total. For Environmental Product Declaration certified products, Eugene Corporation has 748,191㎥ and Dongyang 515,887㎥, totaling 1,264,078㎥.
Combining the shipment volumes of both companies' low carbon and Environmental Product Declaration certified products results in 10,443,795㎥. This is equivalent to about 1.74 million concrete mixer trucks (each carrying 6㎥) or 18 buildings the size of the 63 Building (560,000㎥).
The amount of carbon reduced through the production of eco-friendly Remicon by Eugene Corporation and Dongyang reaches 795,736,852 kg. This is equivalent to the amount of carbon dioxide absorbed in one year by 83,761,773 cherry trees. According to the National Institute of Forest Science, one cherry tree absorbs 9.5 kg of carbon dioxide annually.
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A representative of Eugene Group stated, "Eugene Group is aligning with the ESG (Environmental, Social, Governance) management trend by reducing carbon emissions through eco-friendly building materials and conducting various social contribution activities across business areas such as building materials and distribution, finance, logistics, and IT, centered on the Hope Sharing Committee, a social contribution council." He added, "We are also enhancing management transparency through the operation of a management advisory council involving all affiliates."
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